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.

Parachute Weekly Update: Parachute Big Chili Race, Birdchain roadmap, Dash on ETHOS, Fantom on Binance Dex... – 24 May - 30 May'19

6 Jul 2019 3 minute read 0 comments Abhijoy Sarkar

Hi everyone! We are super behind on the weekly updates. So, starting today, I will be putting up updates every day for the next 5 days to get completely caught up with the latest at Parachute + partners. Are you ready? Here we go. Your week at Parach...

Parachute Weekly Update: ParJar hits 1k, aXpire appeal to PAR fam, Fantom crushing it, 2gether presale... - 15 Mar - 21 Mar'19

2 Apr 2019 5 minute read 0 comments Abhijoy Sarkar

Sup Guys! Here’s another detailed update for the week that was at Parachute (15-21 Mar’19):   We reached 1000 members in ParJar this week! This called for a celebration Parena. And games master Jason answered the call with a battlefest like never bef...

Fantom (FTM) Staking Proposal - A Familiar Model Like Ontology (ONT) Staking?

2 Mar 2019 4 minute read 1 comment liquidsteel

In Jan and Feb 2019, Fantom Foundation released 2 articles about their proposed staking model, Fantom Improvement Proposal (FIP) #1 and #2. The FIPs give a sneak peek at the FTM staking model and go into surprising detail. I have been staking Ontolog...

Spooked By The Market? Earn Some FTM Tokens With Krystal's Latest Learn & Earn

28 Jun 2022 2 minute read 0 comments Krystal DeFi

Thank you for the overwhelming support for our previous Learn & Earn with Klaytn. We’re excited to give you the opportunity to earn FTM tokens with our latest campaign! Details Duration: 29 June 2022 to 1 July 2022 (Snapshot will be taken on 2nd Jul...

How to Lend and Borrow on Ola Finance with Fantom Chain with Possible Airdrops

25 Mar 2022 2 minute read 0 comments Charles Gune

Ola Finance is a Lending-as-a-Service platform that allows anyone to create their own branded lending network at the click of a button. Each Lending Network (LeN) consists of a number of different tokens, determined by the network creator, which can...

A Guide To Get Free FTM To Interact With Statera (STA) On Fantom Netwrok

8 Mar 2022 2 minute read 2 comments CryptoManthan

Statera (STA) has been integrated with the Publish0x ecosystem, authors, as well as readers, earn STA tokens for interacting with the platform. A user can withdraw STA earnings on the Fantom Network and can do whatever they want from there but there...

Good afternoon

19 Feb 2022 1 minute read 0 comments Angel Quijada

I am very grateful for the fact that I have been selected for publishing my entries here on this platform and I want you readers to know that I am studying with bat browser now and that I am a native Spanish speaker that also has a very good understa...

Idiots Crying Because Daniele Sesta Turned Off the Defi 2.0 Faucet

26 Jan 2022 5 minute read 3 comments AlucardLife

I'm not sure I spelled his name correctly; I'm sure it's ok. So Defi 2.0 is definitely in a bit of a pickle right now. (Get it? Pickle? Yearn ecosystem? Total #failproject?) Daniele Sesta's wonderful $TIME project seems to be imploding along with Oly...

ve(3,3) - Quick breakdown

8 Jan 2022 1 minute read 0 comments Hilteezy