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.


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 (FTM): The Blockchain for True Degens?

11 Aug 2023 1 minute read 3 comments BreakdownFab

Degens, as you may know, are crypto investors who are willing to take on high risks in the pursuit of high rewards. And if you're a degen, then Fantom might be the blockchain for you. Fantom is a high-performance, scalable, and secure blockchain that...

Can Solana Survive?

30 Dec 2022 1 minute read 6 comments BreakdownFab

Technically, Solana (SOL) might be heading towards $5 or less. However, fundamentally, Solana blockchain offers key advantages: Solana network is more decentralized than other blockchains like Polygon (MATIC), Fantom (FTM) or BNB chain, according to...

Binance Vs Fantom Chain - Which One To Use?

25 Feb 2023 3 minute read 12 comments BreakdownFab

As you may want to invest into DeFi (Decentralized Finance) without paying the high gas fees of Ethereum (ETH) blockchain, you might be interested in EVM (Ethereum Virtual Machine) compatible chains like Binance Smart Chain (also called BSC, BNB chai...

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...

FANTOM CRYPTO

3 Sep 2023 1 minute read 1 comment jaq sparrow

Why Fantom you ask? Easy, FTM is the face of the future of the modern blockchain. This is because it is an opportunity like none other. It is cheap, fast and easy to use. FTM mimics the best traits of other blockchains and introduces problem solution...

What Are Fantom and FTM's Key Weaknesses?

2 Jan 2023 2 minute read 8 comments Michael @ CryptoEQ

You are reading an excerpt from our free but shortened abridged report! While still packed with incredible research and data, for just $20/month you can upgrade to our FULL library of 50+ reports (including this one) and complete industry-leading ana...

CRE8R DAO - My $CRE8R tokens are singing on Beethoven-X

28 Oct 2022 2 minute read 12 comments PVM

I hate idle crypto and I will always be a strong advocate of passive income. This is why I keep my $CRE8R tokens staked on Beethoven X, where they are singing loud and strong! Do you have lazy crypto or your assets are creating a symphony of yield re...

🧩Cryptocurrency investments for 2022 🐢

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

👋 My name is Olena, and this is my diary of investing in cryptocurrencies. The money I used to spend on buying cigarettes is now invested in cryptocurrencies. From 2021 to 2022, I managed to save and invest $1,435 in cryptocurrencies. 2022 was a bea...

FTM, BNB, LINK and BTC | Chart Analysis | Chill out for a sec | 04 NOV

4 Nov 2022 1 minute read 2 comments Joao16

For more content like this tip me if you can! thank u :)     Bitcoin Analysis BTC is still testing EMA56, if this support works out the bitcoin could try to break EMA99 and then go to EMA200 if it breaks. But on the other hand if BTC breaks EMA56 th...