Fantom (FTM) News, Price Predictions, Opinions and Analyses Created by Users

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.

The Magnificent Seven – Biggest Gainers Over the Past Week (Feb 19th - 26th)

26 Feb 2021 3 minute read 1 comment pheonixdown-dee

  In this article, I take a look at the seven altcoins that have increased the most over the past seven days and do a quick Technical analysis about each project. I decided to pick in the top 100 marketcaps for this as there are always new projects p...

Start Using Fantom Wallet – Create Wallet, Deposit and Stake FTM

24 Feb 2021 1 minute read 1 comment treforest

Recently Fantom has drawn lots of attention to many people. A brand-new Fantom wallet can be created via the official website which works as a Progressive Web App (PWA). If people use Metamask wallet, the network should be set up as follows. Network...

3 Altcoins To Keep Tabs On — KCS, CAKE, FTM | KuCoin Weekly Review Issue #9 

22 Feb 2021 2 minute read 7 comments KuCoin Blog

Well, what a week this has been for KuCoin and the wider crypto market. Recently, news came out of Tesla buying $1.5 billion worth of Bitcoin, placing a lot of focus firmly on the crypto market’s premier product. This played a part in BTC once again...

Five Biggest Altcoin Gainers From January 18th to 25th

28 Jan 2021 3 minute read 7 comments pheonixdown-dee

The UNI altcoin is very close to reaching an all-time high price and should do so shortly. Both FTM and ALPHA have reached new all-time highs but are likely approaching or have reached a local top. AAVE has been consistently reaching new highs since...

Fantom Launches Liquid Staking and Synthetic Assets Secured by Band Protocol on Mainnet

15 Dec 2020 2 minute read 9 comments Band Protocol

Fantom, the development team advised by Andre Cronje building a full-featured decentralized finance platform, has launched liquid staking and synthetic assets in partnership with Band Protocol. Leveraging Band Protocol, staked assets can become liqui...

Fantom Interview with Michael Chen by Alexandre Raffin from GAINS Associates

4 Dec 2020 1 minute read 0 comments GAINS Associates

  Fantom is a high-performance, scalable, customizable, and secure smart-contract platform designed to overcome the limitations of previous generation blockchain platforms. Fantom aims to be the world’s first Directed Acyclic Graph (DAG)-based smart...

Launching fUNI. Uniswap on Fantom

15 Nov 2020 3 minute read 4 comments Fantom Foundation

The wait is over! We successfully deployed fUNI on Fantom, both as a standalone application at and integrated within the Fantom Wallet.   What is fUNI? fUNI is a Uniswap clone deployed on Fantom. Here are the advantages of launching Uni...

What is Fantom? A guide to this powerful blockchain platform.

8 Nov 2020 12 minute read 1 comment CryptoTrainee

    What is Fantom? First of all, Fantom is a product of the Fantom Foundation, an organization led by Michael Kong, CEO/CIO, and composed of engineers, scientists, researchers, designers and entrepreneurs, distributed around the world and who have...

Top Things You Should Know About Fantom (FTM)

8 Oct 2020 9 minute read 4 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the Directed Acyclic Graph (DAG) based Smart Contract platform – Fantom (FTM). Fantom is a next-generation smart contract platform built on DAG-based distributed ledger technolo...

FTM surged insanely with a net gain of 40% after correction

1 Sep 2020 1 minute read 0 comments Marcus_

It is not a secret that I am a big fan of Fantom chain. I have wirtten multiple posts on how the price has spiked and on why you should stake it(hint hint). Long story short, you get great APR and staking Fantom is probably the easiest thing to do. R...