Fantom FTM
Report IssueFANTOM is the world's first DAG-based smart contract platform that solves the scalability and confirmation time problem of existing blockchain technology.
Details
ByBit 
Binance 
Gate 
Score
Sentiment
Bearish 
Fundraising Statistics
$0.91 -8.40%
$0.04
FTMFantom
USDCUSD Coin
Short Review Fantom
Crypto project Fantom (FTM) is classified as a Blockchain. Fantom is a Utility token that is hosted on the Ethereum Network. The current total supply is 3.18 B FTM (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of $41.30 M (39.00% of total tokens) have been allocated for the public sale. The level of social activity of the Fantom project is assessed as High.
Fantom ICO Overview
Public sale of tokens will take place on the Binance Launchpad. Estimated date for the public token sale: 16 June 2018. Fantom (FTM) price during the token sale: 0.04 USD. You can purchase project tokens for ETH
Residents of the following countries will not be able to participate in the public sale of tokens: Australia China South Korea USA
FTM Price Chart
The launch of FTM token trading took place on 30 October 2018.
Fundraising Rounds
Total sold 1.23 B FTM tokens (0.39% of total tokens). Total amount of funds raised by the Fantom project is $41.30 M.
| Investment Round | Date | Price | Funds Raised |
| Public Sale | June 15, 2018 | $0.04 | $2.00 M |
| Private sale 2 | May 2018 | $0.035 | $12.90 M |
| Private sale 1 | May 2018 | $0.031 | $24.80 M |
| Seed Round | February 2018 | $0.016 | $1.60 M |
Fantom Investors
Jump Crypto Tier 1
Arrington XRP Tier 2
Nirvana Capital Tier 2Fantom (FTM) cryptocurrency
FTM is a gas token on Fantom. It is a permissionless, decentralized, open-source smart contract platform that typically outperforms existing blockchains. It has a new consensus mechanism called Lachesis. This technology makes the platform cheaper and faster. It does not use delegated proof of stake and does not have “masternodes”, instead it is capable of scaling nodes globally. Anonymous validators verify transactions, and staking tokens force stakers to follow the rules of the protocol. Proof-of-Stake makes it more expensive to set up validators and allows the network to punish validators for malicious behavior, increasing the cost of attacks. FTM coins can be used in several ways such as staking, governance, payments and fees. Nodes and stakers are rewarded for active participation. Transferring a payment takes about 1 second. Fees are less than $0.01. Stakers of the FTM token are not only allowed to vote, but also propose new implementations. The Fantom ecosystem is growing rapidly. You can view the entire list of partnerships and integrations on the official website.
Fantom (FTM) Review
Fantom was founded by Dr. Ahn Byung Ik, a computer scientist from South Korea. Fantom's main network launched in December 2019. The idea of this project is to create the infrastructure of the future. Fantom has partnered with Binance Chain to ensure compatibility. Later, the team's focus shifted to integrating DeFi projects. At the moment, the network has a very large international team.
Advantages of Fantom (FTM)
- Large ecosystem. The more projects are involved, the more use cases they create and the more room there is for development.
- Technologically progressive. Fantom introduces new technologies to make life easier for users.
- Fast transactions. Users especially emphasize the speed of transactions.
- Bridges to multiple blockchains. The ability to interact with various blockchains expands the horizons of using the project.
- Low commissions. Make this service more accessible to everyone who would like to try it.
Disadvantages of Fantom (FTM)
- Consensus protocol. The consensus protocol used by the Lachesis network raises some questions among the community. This raises some concerns about its decentralization. But you can visit fantom.foundation to better understand the issue and form your own opinion.
