$0.56930 -27.69%
Rank 50
Market Cap $1,448,876,868
24H Volume $931,636,726
Circulating Supply 2,545,006,273 FTM
Total Supply 2,545,006,273 FTM
Announced Mar 26, 2018

FTM Price Chart

1H +0.32%
24H -27.69%
7D +185.18%
1M +653.45%
1Y +8016.37%
All-Time High $0.87045
% from ATH -34%
ATH Date Feb 25, 2021

What is Fantom?

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 Technical Details

Blockchain
Hash Algorithm PoI
Org. Structure Semi-centralized
Development Status On-going development
Open Source Yes

Fantom Team

  • Reg. Name FANTOM Pty Ltd
  • Team 11-50 Employees
Ahn Byung Ik
Ahn Byung Ik

CEO / Ph.D

Bob Tucker
Bob Tucker

COO

Yunsung
Yunsung

CFO

Issac Lee
Issac Lee

CIO

Joseph Jang
Joseph Jang

CSO

Jake Choi
Jake Choi

CMO

Hyun Woong Jae
Hyun Woong Jae

Eco Architect

Lee Seoung Moon
Lee Seoung Moon

Investment Director

FTM Network & Signals

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ICO Details

ICO Start Date Jun 15, 2018
ICO End Date Jun 16, 2018
Total Raised 39,400,000 USD
Hard Cap 39,400,000 USD
Contribution Size Min: 0.2 ETH
Total Supply 3,175,000,000 FTM
Investor Supply 1,270,000,000 FTM
ICO Conversion

1 FTM = 0.04 USD

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