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.

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25 Feb 2023 3 minute read 12 comments Cryptofab

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Fantom what’s happening ?

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...

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 Mar 2023 1 minute read 1 comment xbladex

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How Far Can The Fantom Cryptocurrency Go?

27 Feb 2023 5 minute read 2 comments Makingdigital

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19 Feb 2023 1 minute read 0 comments My life My rules

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EDIT: FTM - What was once a Scalp, is now the Change of Direction. The Hammer Did Drop. *Smart Money Concept - Breaker Lesson*

8 Feb 2023 3 minute read 0 comments BodiesXWix.ETH

I was anticipating a lower Price for FTM before the winds changed it's direction. And is the bearishness completely over?  Well for now... YES! But let me Explain because it may take a moment and those unfamiliar with Smart Money Concepts, will surel...