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.

3 Altcoins To Keep Tabs On — FTM, PDEX, KCS | KuCoin Weekly Review Issue #19

4 May 2021 3 minute read 1 comment KuCoin Blog

This week, ETH took the spotlight with its explosive growth from the low $2,000 range up to a high of $3,060. Is $4,000 next? BTC started the week at around $48,775, quite a departure from the previous weeks. However, it was able to redeem itself by...

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1 Mar 2021 2 minute read 9 comments 0xJonnyDee

During the week of Feb. 22 -Mar. 1, these five altcoin picks rallied the most were:   Fantom (FTM) – 48.28% Polygon (MATIC) – 45.23% Solana (SOL) – 36.50% Stacks (STX) – 21.60% Cardano (ADA) – 19%   Biggest Altcoin Gainers FTM has been decreasing s...

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17 May 2022 2 minute read 4 comments Patch

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17 May 2022 2 minute read 0 comments Patch

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22 Jun 2022 2 minute read 2 comments Mcthru

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27 Jul 2022 3 minute read 1 comment Jack216

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What is Fantom (FTM)? Meet The Next-Gen Ethereum Contender

18 Oct 2022 1 minute read 5 comments GetBlock

This informative work explores the unique FTM ecosystem to find out what makes it so scalable. Learn how users can profit from this platform and its unique features. Fantom is a next-generation Layer 1 blockchain platform with high perform...

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11 Oct 2022 2 minute read 2 comments Michael @ CryptoEQ

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Events section now available on our website!

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

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