Briefly about Fantom Coin
The Fantom coin is unique for using DAG technology that helps offer scalability and instant transactions at near-zero costs. Besides, the Fantom blockchain is also creating a high-performance virtual machine to offer safe and secure smart contracts. Fantom is an ambitious project compared to other options like Gala. It aims to serve as a nervous system for emerging smart cities. FTM will achieve this by using its distributed ledger technology, thus stacking to power smart cities and all the services within.
Fantom coin delivers unparalleled speed and high security.CryptoLists.com
Fantom aims at offering fast and secure transactions through its permissionless and open-source platform. It differentiates itself from its competition by fusing its smart contract dApp into its Direct Acrylic Graph (DAG) platform. This helps FTM offer infinite processing scalability, near-zero cost, and instant payments.
Utility of Fantom Coin?
The FTM token is based on Ethereum’s blockchain. It uses smart contracts where developers can write, deploy and test them. The coin can become valuable even with competition from coins like Gala.
Even though FTM isn’t the first to use DAG tech, the coin promises to add more value since its blockchain is adding the infrastructure for supporting smart contracts and dApps. This helps give it a boost past its competition. Since the coin has links with smart cities, it might control the market in these cities.
Fantom Coin Price detailsERC20 Contract address: 0x4e15361fd6b4bb609fa63c81a2be19d873717870
›› FTM tokenomics and social media
Advantages at Fantom Coin+ Fantom has a professional and dedicated team behind it.
+ FTM has shown its increasing abilities to different network solutions.
+ Fantom token can be used for paying off fees, governance, and staking.
+ Favoured by many investors and analysts.
Disadvantages- The use cases of the coin may be delayed because the IoT is a new in
- Significant competition between FTM and its competitors.
Costs▪ Rated at 10/10
Currently, FTM has a price of $1.93 for 1 FTM (14 February 2022). There is a continuous active supply of 2.5 billion FTM, and its average 24-hour volume is 608.2 million. Fantom is one of the fastest coins to transfer in only 1 second. The transaction costs are also low at $0.0000001. therefore, this coin is ideal for governance, payments, and staking.
Reputation and Buzz▪ Reputation rated at 10/10
▪ Buzz rated at 8/10
There are many ways that the FTM community is using the coin. First, the coin is ideal when paying network fees on the Fantom blockchain Fantom Opera. This helps easily make transactions or interact with the available smart contracts.
On the other hand, FTM is also a way of staking to become a validator. That is because of its faster nodes that help confirm transactions faster. Lastly, the coin is ideal for blockchain’s governance mechanism since it helps with voting on proposals.
How is Fantom's Coin History?
Fantom was launched in 2018 by its founder Dr. Ah Byung 1k. its initial coin offering was held in 2018, and it raised over 36 million dollars. Currently, the coin has a total supply capped at 3,175 billion FTM. Fantom is powered by Lachesis, and this crypto project aims to offer several functions to its decentralized finance users, including borrowing, lending, trading, and minting.
What is FTM?
FTM is Fantom’s governance and utility token. Some users speculate on its price, while many use it to interact with different DeFi dApps on Fantom Opera.
Who owns FTM?
Most of the people who hold FTM are DeFi users. However, the coin also has a large market cap available in most exchanges. This gives it a larger potential user base.
Where can I buy FTM?
There are many exchanges where you can buy FTM. However, you need to research the exchange's reliability before conducting any transactions. One of the best platforms is Binance since you can use exchange view.
Screenshots from Fantom Coin
More sites where to buy/sell/trade Fantom CoinBelow you can see some other platforms, exchanges and/or brokers where you can buy, sell or trade this coin. Click on the logo to read our review.
Fantom Coin details and tokenomics
BSC Contract address: 0xad29abb318791d579433d831ed122afeaf29dcfe