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.

My first month back into the scene since the 2017/2018 crash: up over 50%

6 Aug 2020 2 minute read 0 comments Marcus_

Backstory This post will be a bit unusual and focused on my personal portfolio. In the last few weeks I have written about staking multiple different coins and why you should at least consider it. I was doing this as part of my own research since I l...

Fantom announces Partnership with Royal Star, Nabros Pharma, Bliss GVS, and the Ministry of Health, for the Certification of Pharmaceuticals across Afghanistan

9 Jul 2020 4 minute read 0 comments Fantom Foundation

Fantom representative Ahmad Jawid Sikandar (left) with Royal Star Pharma President, Obaidullah Nooristany (right)   Today, Fantom is excited to announce the launch of our Smart Medicine pilot project in Afghanistan. On 18 May 2020, a signing ceremon...

Afghan Government on Its First Application of Blockchain with Fantom

7 Jul 2020 1 minute read 0 comments Abhimanyu Krishnan

The Afghanistan government will begin applying blockchain technology to solve issues in its healthcare industry, according to a blog post published on July 6. The Afghanistan’s Ministry of Health will trial a blockchain-based smart medicine program b...

Fantom rises AGAIN with another 12% after DOUBLING in 3 days

6 Jul 2020 1 minute read 0 comments Marcus_

Writing an article about FTM again? My previous post on FTM was only 2 days ago and yet FTM raises again. Currently 1 FTM sits at $0.0126 whereas this was only $0.0059 a couple of days ago. Now the question arises to why FTM keeps rising and walls ke...

Fantom Foundation (FTM) Using Their Blockchain Platform to Track Medicines in Afghanistan.

6 Jul 2020 2 minute read 1 comment noBeans

Real World use-case of Blockchain Technology.   Fantom announced their partnerships with Royal Star, Nabros Pharma, Bliss GVS & the Ministry of Health in Afghanistan on July 6th in a bid to track various medicines, one of which includes a Hand-Saniti...

Fantom almost DOUBLES in 3 DAYS. Should you buy it and is this the actual best coin to stake?

4 Jul 2020 1 minute read 0 comments Marcus_

Fantom In a previous post I already mentioned Fantom and why you should stake Fantom. To summarise and to add, Fantom is PoS blockchain with serious growth potential. Moreover, it is very easy to stake with the web...

Staking FTM, easy and great APR?

29 Jun 2020 2 minute read 0 comments Marcus_

Welcome to the Staking and Dividend Systematic Review series. In this series we will analyse different types of cryptocurrencies and their staking/dividend potentials. All posts in this blog will have a similar setup. Every post will begin with this...

Crypto Staking in 2020: An Overview

12 Jun 2020 11 minute read 11 comments Abhijoy Sarkar

Public blockchains involve active participants (miners, validators, node operators etc.) to contribute towards the common goal of strengthening the network and confirming transactions through some sort of distributed consensus algorithm. In simple te...

Parachute Weekly Update: Parachute Crypto League, new assets on Voyager’s Interest Program, Fantom Lachesis now ABCI compatible, CyberFM + Blockchain Radio... – 1 May - 7 May'20

1 Jun 2020 5 minute read 0 comments Abhijoy Sarkar

Hi everyone, it’s been a difficult few weeks for everyone around the world with a constant barrage of sobering news – from COVID-19 to super cyclonic storms to George Floyd. I hope this update offers some much needed respite. Here’s your week at Para...

Parachute Weekly Update: 24 crypto assets live on ParJar fiat on/off ramp, FantomVision PWA, $LINK + Voyager, $GHOST for $ESH Hodlers... – 17 Apr - 23 Apr'20

22 May 2020 5 minute read 2 comments Abhijoy Sarkar

Hiya folks! Hope the shelter-at-home is treating you well. As you might know that the super cyclone Amphan struck Eastern India and Bangladesh day before yesterday. As a result, I went into radio silence for two days. Now that I am back in the grid (...