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.

How to use the Fantom network in Metamask

13 Apr 2022 1 minute read 3 comments The Crypto Crazy

It's no news that blockchain networks capable of running smart contracts are the most requested in the cryptocurrency market. In this sense, the Ethereum network is still the most used in this field. However, new networks have gained more and more sp...

New Crypto Hodlers Aren’t Buying Bitcoin Anymore. Here's Why

27 Jan 2022 2 minute read 12 comments JoeyLiu996

With the emerging of alt coins, also known as alternative coins, there is a trend where large institutions are adopting bitcoin on the safe side and new retail crypto hodlers are taking their bets on these alt coins. Alt coins have the potential to p...

16 FEB 2022 (WED)- Fantom (FTM) Report Card

16 Feb 2022 9 minute read 5 comments quantdoge

Investment Disclaimer: I am not a registered investment, legal, or tax adviser or a broker/dealer, and all opinions expressed by me are from my research for educational purposes only. Past performance presented here is not an indicator of future per...

Update – Modest Accumulation Continues

11 Mar 2022 3 minute read 2 comments Sapphire

Bull Or Bear? To be honest, it is still a very debatable topic, and the fact that there is uncertainty perhaps points to neither. I have been watching the price action fairly closely in the hope that this current wonky inverse head and shoulders patt...

DeFi - Solana vs Avalanche vs Fantom vs Polygon - The battle of the giants

6 Sep 2021 1 minute read 6 comments Cryptofab

After having hesitated for a while, you have finally decided to put your coins into a DeFi (Decentralized Finance) AMM (Automated Market Maker) protocol in order to earn farming yield rewards. However, you still do not know where to go. There are so...

Statera Volatility Continues

13 Mar 2022 1 minute read 14 comments Steve Hodl

If you are like me and have Statera in your portfolio, you would have been concerned with the recent price action on Statera. After the huge rise in February, we seem to be experiencing a sharp pullback in March. In the last 2 weeks, we have had a...

Fantom - A Great Opportunity!

10 Mar 2022 3 minute read 7 comments Sapphire

It’s All About Your Perspective The recent news regarding Andre Cronje and his decision to call it quits has hit Fantom fairly hard. However, it is not as bad as you may think. I began accumulating FTM again at approximately $1.35, which turned out t...

FTM, BNB, LINK and BTC | Chart Analysis | WE HAVE TO BREAK IT!! | 20 MAR

20 Mar 2022 1 minute read 0 comments Joao16

For more content like this tip me if you can! thank u :)     BTC Analysis BTC is trying hard to break EMA99 but it's going to be hard, in my opinion the bulls are wating to see the weekly close that happens today, March 20. Today is going to be very...

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...

How to avoid high Fantom Gas Fees

11 Feb 2022 1 minute read 2 comments Cosmonauta

Fantom Network is all the rage nowadays, interesting platforms, many degen DeFi strategies and even some drama. by the way Fantom's TVL is rocking as well. If you are playing around with the platform with small amounts, even if Fantom gas fees are lo...