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.

While LUNA and TERRA are dying Polygon and Fantom courting TERRA projects

17 May 2022 2 minute read 0 comments Patch

The future for the TERRA Blockchain is uncertain at best. And will be for at least a few more days. The vote for the proposals is to be held on May 18th from what I understand. Where all LUNA holders get to vote on the future of the Blockchain. In th...

As the TERRA Blockchain looks to be dying, others has officially started courting projects on the TERRA Blockchain

17 May 2022 2 minute read 4 comments Patch

The future for the TERRA Blockchain is uncertain at best. And will be for at least a few more days. The vote for the proposals is to be held on May 18th from what I understand. Where all LUNA holders get to vote on the future of the Blockchain. In th...

Fantom Blockchain offers Terra Blockchain project

16 May 2022 1 minute read 1 comment Yugocean

     Fantom Blockchain has made an offer on Twitter to Terra Luna developers and asked them to contacr.      Since the Terra Blockchain's downfall, all Terra Luna projects have been closed. Some serious developers are currently searching for a new bl...

Luna Foundation Guard accounts for $3 billion reserves & more

16 May 2022 2 minute read 1 comment I-HODL

Hey, did anyone get a chance to look at the blood moon last night? I planned to, but would you believe I slept through it all? I did too, and it wasn't even intentional. It was just that I was exhausted following developments with Terra over the week...

The TOMB Re-Peg Play

15 May 2022 2 minute read 0 comments Brutes

The De-fi sphere had quite the shake up thanks to the UST exploit at the start of last week. Crypto in general got slapped around pretty hard between that and the general market conditions, with BTC dragging the market around since the beginning of t...

FANTOM DeFi #4 - CRE8R Farming on Beethoven vibes!

14 May 2022 3 minute read 3 comments PVMihalache

Beethoven X is built on Balancer V2 as the first next-generation AMM protocol on Fantom Opera chain. It has boosted pools, innovative tools and a strong bound with the community! Join spiritually symphonic investment platform to enjoy DeFi at high st...

AVAX, FTM, SOL, STA, LUNA | Chart Analysis | LUNA is Falling Apart | 11 MAY

11 May 2022 1 minute read 6 comments Joao16

Luna Analysis Right now something happen on LUNA, that was not supposed to happen, their stablecoin is not being stable, that is a big problem, that is showing us there is some problem on their project. Because of that the market is responding very b...

How a Fantom DeGen almost "crashed" the network

10 May 2022 1 minute read 0 comments Crypto_Lemon

Hi HODLers, Today, I will shine some light on an event that happened last week on the Fantom Blockchain. There are a lot of things to learn from it (the most important one is that leverage is evil). Source Who are we talking about? This Degen goes by...

FTM, BNB, UNI and BTC | Chart Analysis | PANIC! | 08 MAY

8 May 2022 1 minute read 3 comments Joao16

For more content like this tip me if you can! thank u :)     BTC Analysis BTC reject EMA500 for the first time and now we are going to probably get a Big bear market, the next support is 30K which is a very good support and iin my opinion btc is gonn...

What is the most secure blockchain?

5 May 2022 2 minute read 1 comment Cryptofab

Last weekend was an interesting moment in the cryptosphere: according to some tweets, a degen was "about to be liquidated for more than the on chain liquidity on $FTM", which could have resulted in "bad debt & slow/failed transactions on chain". Due...