March 6, 2023
Tron (TRX)
Tron is a proof of stake cryptocurrency that has been built on the Tron blockchain network.
Bright Ideas: Fantom (FTM)
FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees.
Price:
$0.495211
Mkt Cap:
$1,363,263,930
View Coin Page
Project Fundamentals
- FTM powers the Fantom network, and is used for staking, on-chain governance, and as payment for network fees.
- Fantom is a high-performance, scalable, and secure smart-contract platform which was designed to overcome the limitations of previous generation blockchain platforms by being permissionless, decentralized and open-source.
- Lachesis is Fantom’s aBFT consensus algorithm, which is essentially the engine that powers the blockchain, and is faster, scalable, and more secure than many of its competitors.
- The maximum supply of FTM is 3.175 billion tokens.
Partnerships / Implementation
- Fantom has formed partnerships with many large-scale companies such as Crypto.com, Travala.com, Gravity and Fusion
- Climate change and the energy usage of blockchains is on top of mind of many builders, investors and decision makers in companies and governments. Fantom’s aBFT algorithm with Proof-of-Stake sybil resistance is not only fast and secure, but also impresses with low resource consumption.
Roadmap and Announcements
- Fantom has just announced its partnership with SELISE, a digital platform developer with consulting & IT delivery centers across Europe, the Middle East, and Asia. SELISE will work on implementing solutions on Fantom’s smart contract platform in Bangladesh. The initial focus will be on mobile financial services.
- Fantom is based on Lachesis, an innovative aBFT consensus. On top of that, we are creating a blockchain ecosystem along the whole blockchain technology stack.
- In September 2022 Unbound Finance went live on Fantom providing interest-free borrowing.
Technical Analysis
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Bitcoin (BTC)
Bitcoin is synonymous with cryptocurrency itself and has always been the largest by market capitalisation.
