Fantom (FTM) Review

4 / 5

1 user reviews

Write review Compare with

Contact

Site: fantom.foundation

Contact
Expert Review
Our Score
Write review
User reviews
Similar companies

Expert Review

Nov 24, 2020

What Is Fantom (FTM)?

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Web3 wallet for your digital assets!

Install

Who Are the Founders of Fantom?

The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, the platform’s CEO is David Richardson, former managing CEO at Mid-Ocean Consulting.

The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security.

According to its official website, Fantom’s team also consists of specialist engineers, scientists, researchers, designers and entrepreneurs. Employees are located throughout the world, matching the ethos of a distributed platform.

Write review

Rating

Please choose your rating.

Your review

Leave your review about Fantom (FTM) here. Please note that your feedback may be crucial for the user when choosing a product, so try to avoid inaccuracies and unreasonable criticism.

Your Name

Your Email

Your Email will not be published

User reviews

Euan Fischer 9 December 2021

4.0

The good thing about the coin is that the transaction speed is high, but its price leaves much to be desired. It's not a bad idea to use ftm as insurance for defi

Site: fantom.foundation

Similar coins

Ripple (XRP) coin

Ripple is a global payment protocol aimed to provide fast transactions and cheap payments internationally. The network uses a digital currency known as XRP (sometimes it's referred to as Ripple). Unlike other cryptocurrencies Ripple is not aimed to replace banks, rather this project is created to improve the work of banks (including transactions between different banks) via blockchain solutions.

dForce (DF) defi

DF is the platform utility token of the dForce network, an integrated and interoperable DeFi platform.

Litecoin (LTC) coin

Litecoin was created in 2011 by a Google employee Charlie Lee. Currently, this cryptocurrency is one of the largest by market capitalization. Litecoin was created as one of the first forks of the Bitcoin blockchain. Also, it is safe to say that Litecoin is one of the first altcoins. While Bitcoin is based on SHA-256 algorithm, Litecoin utilizes a lighter scrypt algorithm.