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.


CODING TUTORIAL - Building Your Own Cryptocurrency on the Ethereum Network: A Epic Step-by-Step Guide [ PART 1 ]

15 Jun 2023 2 minute read 2 comments Louky

Hey there, my crypto-savvy buddies!  Buckle up and get ready for an awesome adventure as we embark on a mission to create your very own cryptocurrency on the Ethereum network. In this kickass guide, we'll walk you through each step like we're chilli...

Can Fantom Claim to Solve the "Scalability Trilmma"?

4 Jun 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...

Will Fantom's FTM Token Ever Be Able to Compare to ETH Tokenomics-wise?

29 May 2023 3 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...

Why Fantom (FTM) Could Be Affected By Multichain Issue

26 May 2023 1 minute read 1 comment Cryptofab

As a crypto and DeFi enthusiast, I have recently come across an article that piqued my interest. The piece titled "Panic over $1.5 Billion DeFi Bridge Multichain Shifts to Fantom" shed light on a potential issue that could impact Fantom (FTM). Theref...

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25 May 2023 1 minute read 0 comments Astroboy13

Hey everyone, in this article we will discuss about the recent event touching the the Fantom Network. As some of you may know yesterday the price of the Fantom token fell by nearly 10%. That’s why we will try to explain why today. What is Fantom In s...

Another Day in Crypto: Fantom (FTM) Rekt Due to Multichain Team Arrests?

25 May 2023 3 minute read 6 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...

FTM Realistic Price 2023. Watch before invest in Fantom

7 May 2023 1 minute read 1 comment Crypto4light

Watch this video before invest in Fantom coin. Detailed analysis with my custom indicators set FTM crypto chart with targets for 2023 and next upcoming bull run. Fantom (FTM) is a blockchain platform that aims to provide fast and affordable transact...

12 Key Focus Areas for Fantom in 2023

28 Apr 2023 2 minute read 1 comment IAmFaishal_

Andre Cronje, the founder of blockchain company Fantom, has revealed the key focus areas for his business going forward. In a recent post (December 26, 2022), he expressed his company's mission to provide the highest available blockchain throughput...

OnFinality Empowers Web3 Builders to Deploy Ethereum dApps on Fantom, Faster

20 Apr 2023 2 minute read 0 comments OnFinality

OnFinality, a multi-chain infrastructure provider, announces support for Fantom, a high performance EVM compatible smart contract platform. We are proud to announce support for Fantom, a fast and scalable EVM compatible smart contract platform suppor...

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1 Apr 2023 2 minute read 5 comments PVM

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