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.


Market Overview & Trending Coin of The Day | 21st July 2022

21 Jul 2022 4 minute read 0 comments CryptoManthan

As we all know what struck the cryptocurrency market today, is already discussed in my previous post so if you are interested in getting to know more about Tesla's sell-off of Bitcoin then you should check my article Tesla's Balance Sheet Shows That...

What Can Stop Fantom (FTM) After Breaking Out This Big Channel

21 Jul 2022 1 minute read 0 comments moon333

  Hi friends hope you are well, and welcome to the new update on FTM. Since March 2022, Fantom was moving in a down channel and recently it has broken out this channel and reached a strong resistance of $0.35. If it will be completely rejected by $0...

Learn more about FANTOM (FTM)

19 Jul 2022 1 minute read 2 comments ELLIPAL

  FANTOM is a Directed Acrylic Graph (DAG) based smart contract platform for DAPPs. Fantom was created to solve the issue of long transaction times evident in blockchains like Bitcoin and Ethereum. With ELLIPAL's newest update 3.5.0, ELLIPAL users wi...

CRE8R DAO Spotlight - I am a CRE8R and I love it!

19 Jul 2022 2 minute read 3 comments PVM

I joined CRE8R DAO one year ago and last month I celebrated the DAOs birthday and one year of hanging out with the best content cre8rs in the crypto space! I had to share the festive vibes and made a cake to mark the day. Come and share a slice of De...

Are There Any Redeeming Qualities to Fantom (FTM) Anymore??

15 Jul 2022 3 minute read 4 comments Michael @ CryptoEQ

If you want more cryptocurrency analysis including full-length research reports, trading signals, and social media sentiment analysis, use the code "Publish0x" when subscribing to CryptoEQ.io to make your first month of CryptoEQ just $10! Or simply...

SpiritSwap SPIRIT: Another Scary DeFi App on Fantom

13 Jul 2022 3 minute read 4 comments 2sats

*obligatory not financial advice*   What is SpiritSwap? SpiritSwap is a decentralized exchange on the Fantom blockchain which is a smart contract chain that uses an unique scaling approach and has sort of a "spooky" theme that SpiritSwap obviously al...

Should I create a token?

11 Jul 2022 1 minute read 5 comments LeftFooted

I've been toying with this idea for a while and I've been thinking about creating a token. I have a very specific idea in mind, it has to do with the city I currently live in, and I have an ambitious plan to sort of, more or less, airdrop to as many...

💎 How to Create a Daily Workflow to Find GEMs on Candlestick? 😎3 Steps

8 Jul 2022 2 minute read 0 comments Candlestick

  One of the most exciting stories in crypto is that someone invested a few thousand Money into a hidden crypto gem and turned into a millionaire. Cryptocurrencies and tokens which are undervalued and out of the public eye are the so-calle...

The bear market also heavily affects Fantom

5 Jul 2022 2 minute read 1 comment MakeItReal

Hello HODLers! Today I would like to update you on a layer 1 blockchain that was the protagonist of the last bull run, but that seems to be in great difficulty right now.With the fall in prices, the frenzy of capital and yields also decrease, but amo...

Possible Trade Setup - Day Chart - Fantom (FTM)

5 Jul 2022 1 minute read 0 comments Blue Face

Hey Folks. I got my eye on a possible trade setup for Fantom (FTM) on the Day Chart.  On the Day Chart below I have listed my current current Plan of Action, with a possible Short Entry on or near the Trendline (Resistance). I would like to see Price...