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.

I've just made a dumb mistake

16 Jun 2022 1 minute read 14 comments LeftFooted

I've made around 400 Statera writing on Publish0x so far and I've transferred all of them on my Metamask wallet. So far, so good. Then about an hour ago, I checking my Trust wallet and found Statera - I'd never noticed before - and decided to transf...

FTM, BNB, LINK and BTC | Chart Analysis | The Best Time to Invest | 16 JUNE

16 Jun 2022 1 minute read 9 comments Joao16

For more content like this tip me if you can! thank u :)     Bitcoin Analysis After breaking 30K BTC went straight to 20K, one of the major supports we have on BTC. Right now I think we are going to start to go higher because this is a great support...

FujiDAO - Fuji Climb: Fantom Expedition

14 Jun 2022 2 minute read 1 comment PVM

Fuji DAO is a borrowing aggregator that reduces loan expenses by constantly monitoring borrow markets and automatically refinances the debt positions at the best available rates. The borrowing markets and protocols in DeFi are still maturing, and Fuj...

wrapped Banano (wBAN) — 1 Year Anniversary (NFT airdrop inside!)

6 Jun 2022 3 minute read 5 comments banano

  Check below for a NFT airdrop for dedicated wBAN monkeys! First wBANniversary Time flies, monkeys!I can’t believe a year already went through. So many things happened since wBAN was launched on Binance Smart Chain in June 5, 2021(still can’t get...

😎 How to use turnover rate to validate the uptrend?

5 Jun 2022 1 minute read 2 comments Candlestick

  The Turnover Rate indicator is an exclusive token metric only available on Candlestick.   In general, The Turnover Rate can reflect the activity status of traders on decentralized exchanges. According to historical data, the all-time high peak of...

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4 Jun 2022 3 minute read 0 comments 2sats

*obligatory not financial advice*   What is DarkKnight? DarkKnight is the sister project of the KnightSwap DEX on the Binance Smart Chain and is also a decentralized exchange but on the Fantom blockchain. Fantom is a smart contract blockchain with a...

What to do with these Statera?

2 Jun 2022 1 minute read 9 comments Franz Crypto

So, I think we all have this problem: what can we do with the earnings in STA that we get writing things on this blog? As you can see STA is a coin difficult to hold. Has low volume and an erratic value.... So, there a way I've found, two or three o...

Is Your Crypto a Ponzi? STEPN (GMT) Vs. Bitcoin (BTC) Vs. Ethereum (ETH)

31 May 2022 2 minute read 7 comments Cryptofab

With the recent crash of LUNA, you may wonder whether the crypto in which you invested is a Ponzi or not. At first, let's define what a Ponzi is: A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to invest...

A Serious Layer-1 Contender? Fantom (FTM) Full Review

30 May 2022 6 minute read 3 comments Swapzone

Fantom (FTM) is the native token of the layer-1 Fantom blockchain, which promises users a high-speed and secure smart-contract compatible service that can take on the likes of Ethereum (ETH) and Solana (SOL).   Since its launch, the Fantom project h...

Patience does pay out... Big time!

28 May 2022 1 minute read 3 comments Crypto_Lemon

Hi HODLers and Degens, Almost 2 months ago I posted this Fundamentals and Patience always pay. The rainSpirit example where I explained why I liked rainSpirit a wrapped inSpirit (staked governance $SPIRIT) token giving access to liquidity and bribes...