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.

Events section now available on our website!

8 Oct 2022 1 minute read 0 comments Viva La Blockchain!

We are delighted to announce the launch of our events section, which will provide everything you need to know about upcoming blockchain and cryptocurrency events. In this section, you will be able to find the next important events in the world of blo...

Took part into the FujiDAO Fantom Expedition and got bonds

29 Sep 2022 2 minute read 5 comments PVM

Took part into the FujiDAO Fantom Expedition and got bonds! The The pre-token bonds are ERC-3525 tokens/ Financial NFTs developed by SolvProtocol and will guarantee Fuji DAO governance tokens when they will be minted. I was ready for the climb, Glov...

Salaries in Fantom crypto

8 Sep 2022 3 minute read 3 comments NOWPayments

Every crypto project tends to choose a particular feature underpinning its utility. In the case of Fantom, this is performance. Fantom is an open-source smart contract platform for digital assets and dApps that makes fast and high throughput its top...

Fantom Spotlight: What's going on with cLQDR?

8 Sep 2022 1 minute read 0 comments Exponential Crypto

cLQDR is the largest wrapped version of Liquid Driver's xLQDR token in the Fantom ecosystem. If you've been out of the loop on Liquid Driver or cLQDR though, there have been a lot of changes. But first, what is Liquid Driver? What is Liquid Driver? L...

FANTOM DeFi #5 - Playing Beets with CRE8R tokens

7 Sep 2022 3 minute read 9 comments PVM

My FANTOM journey started with the CRE8R Tokens I earned at CRE8R DAO, and I started to play more beets as the amount of $CRE8R kept growing in my portfolio. The opportunities for DeFi passive income are enhanced by "bribes" and the APY on CRE8R LPs...

Stader Multichain Liquid Staking Platform for Polygon, Fantom, Near, BNB, Hedera, Terra, Avalaunche, Solana with Over 30% APY for Holding Layer 1 and 2 Chain Tokens

1 Sep 2022 5 minute read 1 comment Charles Gune

Stader is a non-custodial smart contract-based staking platform that helps you conveniently discover and access staking solutions. Stader is building key staking middleware infra for multiple PoS networks. If you are bullish on Layer 1 and Layer 2 c...

SpiritSwap V2 Review

13 Aug 2022 5 minute read 3 comments paragism

Fantom has posted extraordinary growth in DeFi TVL in the last year and SpiritSwap is one of the most successful projects on Fantom. With its focus on providing a seamless user experience and friendly interface, the DEX quickly became a go-to investm...

Bungee: The 1Inch or Paraswap of Seamless Cross-Chain Bridge Between Polygon, Optimism, BSC, Fantom, Arbitrum, Avalanche, Aurora and Gnosis

1 Aug 2022 3 minute read 0 comments Charles Gune

Have you ever bridge tokens to no where? Allow me to explain. What is Bungee?I used Anyswap/ Multichain and Warmhole or portal brigdes. I notice very popular multichain bridge, it lets you swap most top tier tokens from one chain to other without an...

Cryptos I plan on buying

27 Jul 2022 3 minute read 1 comment Jack216

Cryptos I plan on buying In today's article I'm going to cover the cryptocurrencies I plan on buying. If you want to know when I plan on catching the bottom and start buying then you can read my previous article. I'm going to explain why exactly I pl...

Hector Network - How to 4,4 with deflationary token HEC and the TOR stablecoin

26 Jul 2022 9 minute read 1 comment DrRice

As usual, skip to the TLDR section if you just want to learn about the tokenomics of HEC and TOR. Intro Hector Finance, now rebranded to Hector Network is a really interesting and fast-moving project on the Fantom chain. Initially, it started out as...