Fantom (FTM)

370 Articles 26,050 Followers

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.

Fantom Is Hotting Up & Andre' Cronje Is Shifting Gear

27 Jan 2024 2 minute read 1 comment Sapphire Crypto

Positioning I know that despite detailing the layer 1 effect, and how appropriate positioning is imperative in terms of leveraging this idea, many are still completely ignorant. I take no joy in having to revisit this sad reality, as it is indicative...

FTM Plunges 23% - But Analysis Beyond the Price Drop

23 Jan 2024 2 minute read 0 comments Footprint Analytics

  Author: [email protected] Data Source: Token Dashboard FTM has experienced a significant decline of 23.71% over the past week, dropping from 0.5004 to 0.3973. This drop coincides with a surge in selling pressure on the token. Fantom (FTM)...

What is a Parallel EVM?

10 Jan 2024 6 minute read 1 comment 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...

These Memecoins Are In The Sweet Spot For Future Greatness

27 Dec 2023 3 minute read 6 comments Sapphire Crypto

Always In Search Of Alpha Something I learned to do many years ago is to put personal preferences aside when it comes to financial markets and making money. Removing the emotional aspect of trading is probably the single most powerful accomplishment...

How I Aim To Leverage Fantom – The Blue Wave Is On The Rise

20 Dec 2023 3 minute read 3 comments Sapphire Crypto

Increasing The Odds Choosing to invest in projects within a particular blockchain ecosystem is very much like using leverage without the risk of liquidation. As I mentioned in yesterday’s article, harnessing Solana’s rise by investing in BONK realize...

Fantom – Preparing For The Inevitable Pump

19 Dec 2023 3 minute read 2 comments Sapphire Crypto

The Layer 1 Effect Will Continue Solana kicked off the Layer 1 rally. Shortly thereafter we saw Avalanche and Cardano begin to follow suit. Fantom has seen a rise. However, there has not been much attention. This has ultimately led me to begin prepar...

Fantom, Aptos, Klaytn, SUI and Polygon - Chains to Lock Into Your Crypto Portfolio

19 Dec 2023 4 minute read 3 comments Beta Syndicate

Fast and Affordable Chains with Bright Futures - DYOR Now While Ethereum boasts the largest ecosystem, it falls short in cost-effective usage. In reality, people seek speed and security without shelling out substantial amounts of hard-earned currency...

SWOT Analysis: Fantom (FTM)

28 Nov 2023 7 minute read 4 comments 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...

Fantom's (FTM) Up and Down 2023

18 Oct 2023 4 minute read 13 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...

Fantom Foundation wallets drained by hackers

18 Oct 2023 1 minute read 5 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...