FTM Fantom
Fantom Info
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional proof-of-stake (PoS) algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Fantom News
Fantom Organization & Team
Ahn Byung Ik
CEO / Ph.D
Bob Tucker
COO
Yunsung
CFO
Issac Lee
CIO
Joseph Jang
CSO
Jake Choi
CMO
Hyun Woong Jae
Eco Architect
Lee Seoung Moon
Investment Director
Fantom Intel
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Fantom ICO Details
Fantom launched its token sale on Jun 15, 2018 and completed it on Jun 16, 2018. It raised a total of 39,400,000 USD.
The total supply available for purchase during the token sale was 3,175,000,000 FTM.
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