Fantom (FTM)

370 Articles 26,055 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.


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8 Jul 2019 3 minute read 3 comments Abhijoy Sarkar

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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...

Fantom (FTM) Cryptocurrency Explained & Micro-Earning Sites to Earn Free FTM Crypto

30 May 2023 3 minute read 0 comments SunkTump1001

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Fantom FTM Entry Setup Idea My Trading Overview Do At Your Own Risk

24 Mar 2023 1 minute read 0 comments CryptoTraderMaari

      I will post my trading overview Do at your own risk Mainten proper risk management   Join my telegram channel for more free entry setups https://t.me/+7bQwgU9KYDdlMzI1

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