Fantom (FTM)

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Fantom (FTM) is a cryptocurrency made by Ahn Byung Ik in 2018. It is a Directed Acyclic Graph (DAG) based Smart Contract platform that aims to build the next IT infrastructure backbone for Smart Cities. The Fantom DAG platform is based on the Lachesis Protocol but is further optimized by introducing a permissionless network – the Fantom OPERA Chain – for dynamic participation.

Differing from blockchain, Fantom is a DAG-based distributed ledger technology stack that aims to solve the scalability issues of today’s distributed ledgers. The project is incorporating new methods of scalability combined with a high-performance virtual machine to safely and securely execute smart contracts. 

Fantom’s tagline is “The Nervous System for Smart Cities”. With this in mind, Fantom aims to innovate and provide IT infrastructure in the following sectors: public utilities, smart living, healthcare, education, traffic management, resource management, and environmental sustainability. The Fantom DAG platform intends on innovating these sectors by creating an interoperable ecosystem which allows real-time transactions and data sharing with low cost. Additionally, Fantom intends making all transaction bodies around the world compatible between each other by using fast DAG technology that can be deployed at scale in the real world.

The Fantom (FTM) token has a maximum supply of 3,175,000,000 FTM, a total supply of 1,987,133,655 FTM, and a circulating supply of 1,813,658,595 FTM. The Fantom platform has adopted an inflationary model to expand the ecosystem with an initial 5% annual inflation rate. The rate is said to decrease as more users join the network and 20% of total inflation is intended to be used for rewards and incentives for Fantom platform users. As for the token distribution, 40% of tokens were sold in the ICO, 30% are reserved for market development, 15% were distributed to advisors and contributors, and 15% is held by the Fantom team and founders.

SWOT Analysis: Fantom (FTM)

28 Nov 2023 7 minute read 1 comment Andrey Didovskiy

*Note: a SWOT analysis is an evaluation of the fundamental, operational, technical, social, economic, and even to some degree administrative elements of a project. This is not a model to be used for trading purposes. (NFA, DYOR) Composed of four ele...

Why I Bought FTM Today - AWS & Fantom Vs. Microsoft & Aptos

10 Aug 2023 1 minute read 2 comments Cryptofab

I hope you saw the huge news for Fantom (FTM): Amazon Web Services (AWS) joins forces with Fantom Foundation, following in the footsteps of Aptos partnership with Microsoft yesterday. It's no secret that the cryptocurrency market has been in a bit of...

🌕 Forms Strategic Alliance with PayPal to Emerge as the Premier Exchange for PYUSD

29 Sep 2023 1 minute read 0 comments Selena Rose

    🌕In a significant development,, a prominent digital asset exchange, has forged a strategic partnership with a global payments giant, solidifying its position as the preferred exchange for the newly introduced PayPal USD (PYUSD) stabl...

Fantom's (FTM) Up and Down 2023

18 Oct 2023 4 minute read 4 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

Estfor Kingdom: Free P2E at Fantom 🤩

5 Sep 2023 1 minute read 1 comment RiCrypto

Looking for a new nft game? Check out the new free nft game on the Fantom network called Estfor Kingdom. How to start playing?   This is a click-gas type game, so even though it's free-to-play you need to have a little fantom, about 0.5 ftm, to be...

I Ghosted FANTOM - Will The Blockchain Become A Ghost Town?

30 Sep 2023 2 minute read 8 comments PVM

I explored Fantom for one year and things are as ghostly as they can be. SpiritSwap and BethoveenX where my DeFi experiments, and I've done heavy farming with my $CRE8R tokens. Unfortunatelly the graveyard shift started with the perpetual bear market...

Fantom, A New Ethereum Optimistic Layer-2 Rollup?

12 Aug 2023 1 minute read 1 comment Cryptofab

This article was first published on Medium. Fantom Foundation co-founder and architect Andre Cronje has been making some ambiguous declarations about the project's plans to add optimistic rollups to connect to Ethereum. In an interview on The Scoop,...

Fantom (FTM): The Blockchain for True Degens?

11 Aug 2023 1 minute read 3 comments Cryptofab

Degens, as you may know, are crypto investors who are willing to take on high risks in the pursuit of high rewards. And if you're a degen, then Fantom might be the blockchain for you. Fantom is a high-performance, scalable, and secure blockchain that...

Last Chance to Short FTM at the price...*Smart Money Concept*

5 Feb 2023 1 minute read 0 comments BodiesXWix.ETH

Smart Money Concept* I will provoie an entire tutorial on this theory of analysis one day but until then all I have is what I was privately mentored with for over a year. And this means he has figured out the ever-changing algorithm to keep up with t...

Fantom Foundation wallets drained by hackers

18 Oct 2023 1 minute read 3 comments Yugocean

     Hacker(s) emptied multiple wallets of Fantom Foundation through the Chrome zero-day flaw; the hacker(s) are now under trace.   Fantom Wallets Drained      The hacker(s) emptied Fantom's multiple token wallets, Fantom Token $FTM Wallet 1, 16, 1...