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Fantom Price & Charts

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  • Staking Rewards Received January 30, 2023
    hey guys i'm staking using the fwallet. i had a few stakes last year and i'm trying to figure out how much i received from each stake. when i checked ftmscan, i can't tell how much i received from each stake. am i missing something? is there another way to find out? submitted by /u/Ae6996 […]
    /u/Ae6996
  • At Quantum Miami now January 28, 2023
    submitted by /u/The-Beefy-Cow [link] [comments]
    /u/The-Beefy-Cow
  • Fantom TVL up 18% from Dec. 2022 January 27, 2023
    submitted by /u/DefiKai005 [link] [comments]
    /u/DefiKai005
  • FTM is up 22%, yet not on crypto.com's top gainer charts- insiders trying to buy and accumulate without alerting the public? January 26, 2023
    submitted by /u/fokineducatinm8 [link] [comments]
    /u/fokineducatinm8
  • Fantom Gained 21.05% today and is leading the Charts! January 26, 2023
    submitted by /u/AttackBody [link] [comments]
    /u/AttackBody
  • Where can I cash out my FTM? January 26, 2023
    I’m looking to sell my FTM that I bought years ago. I currently have it in my Coinbase wallet, but as you may know FTM isn’t on Coinbase (and the original exchange I bought it on is one I’d rather not use again) Any ideas/recommendations? Also I know I shouldn’t sell but I need the […]
    /u/turncloaks
  • How are NFT airdrops taxed? January 25, 2023
    submitted by /u/No_Target2576 [link] [comments]
    /u/No_Target2576
  • I built a dead simple, embeddable DEX aggregator on FTM January 25, 2023
    submitted by /u/hiswap [link] [comments]
    /u/hiswap
  • execution reverted: zero amount January 25, 2023
    Hi, trying to delegate my Ftm. When locking FTM there is this warning saying "execution reverted: zero amount " Does not allow me to lock. Does anybody know why? submitted by /u/BluebirdEquivalent32 [link] [comments]
    /u/BluebirdEquivalent32
  • Stablecoin Yield farming | The Ultimate Guide January 24, 2023
    📖 The ultimate guide to Stablecoin Yield Farming Stablecoin yield farming is one of the most straightforward yet attractive strategies of DeFi because of its low risk and ability to achieve pretty attractive interest rates. Stablecoins are cryptocurrencies pegged to the value of an underlying asset, such as the US dollar, or another fiat currency. […]
    /u/DefiKai005

What Is Fantom?

Fantom is a directed acyclic graph (DAG) smart contract network that uses its own bespoke consensus algorithm to render decentralized finance (DeFi) services to developers.

Fantom, uses its native token- FTM, to solve problems associated with smart-contracts, mostly transaction speed, scalability and interoperability.

Fantom is a cryptocurrency that does not use blockchain; rather it uses an innovative directed acyclic graph (DAG).Using its scalability, it can do virtually anything that’s being done today on the internet unlike the blockchains.

Fantom is different from other directed acyclic graph (DAG) platforms like Nano because, it can run smart contracts. Although some of them, like IOTA are just developing a smart contract platform. Fantom is permissionless unlike Hedera and other DAG platforms.

Achievements of Fantom so far:

  • Fantom has finished working on its OPERA core layer development.
  • It has launched a beta Virtual Machine and a Testnet.
  • It’s listed on Binance and other major exchanges.
  • Fantom has completed its Mainnet project.
  • Its price has gradually stepping up from 0.8 cents to 4 cents, thanks mostly to its Binance listing.

The Fantom Foundation oversees the Fantom network and it was launched in 2019 with the aim of overcoming some of the challenges facing the DeFi sphere.

The native PoS powered token is FTM and it’s the backbone of all the transactions within the Fantom’s network.

Team of Fantom (FTM)

Fantom (FTM) is made up of experienced team members drawn from various fields of endeavors. The team consists of scientists, specialist engineers, researchers, designers, full-stack blockchain development experts and entrepreneurs. The team was founded by a South Korean computer scientist Dr. Ahn Byung.

Presently, the CEO of Fantom platform is David Richardson and he was the former CEO Mid-Ocean Consulting.

We have other members of the team that were not captured in this report.

Use Cases of Fantom (FTM)

  • Fantom is a platform you can build your blockchain, run your blazing dApps using SDK or VM.
  • Fantom is the infrastructure backbone for a complex network of devices connected via the Internet of Things (IOT).
  • Fantom could be used as the nervous system for smart cities.
  • It’s being used to secure and run efficient platforms for public utilities, healthcare services, identity storage and host of other utilities.
  • FTM token is used for trading in major exchanges.
  • FTM token is used for all the transactions within the network.
  • Fantom (FTM) is used for fraud mitigation.

Mining of Fantom (FTM)

Mining is carried out in Fantom, using a Proof-of-Stake consensus algorithm to validate transactions and secure the network. The validator stakes his/her FTM and get rewarded with FTM tokens.

FTM tokens are available at the major cryptocurrency exchanges such as Binance, VCC Exchange, OKEx, Bibox and DigiFinex.

Notes for Investors

It has been a progressive journey for Fantom (FTM) in the cryptocurrency space, having being in the steady rise in the crypto market recently.

Fantom (FTM) is presently trading at a unit price of $0.020050 USD (+5.51%), the market cap stands at a value of $42,794,552 USD and the circulating supply is 2,134,397,405 FTM. It’s presently ranks 158th in the cryptocurrency market.

Fantom (FTM) would never be considered a bad investment option considering the above statistics.

Quick Disclaimer:

This report is not in anyway, recommending Fantom (FTM) for investment. The crypto market is presently experiencing instability and it’s quite unpredictable. Please, consider this publication informational, just to educate readers.