Fantom ICO Review And FTM Token Analysis

FTM

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5 months ago

Fantom ICO About

FANTOM is the world’s first DAG based Smart Contract platform that solves the scalability issues of existing public distributed ledger technology. The platform distinguishes itself from the traditional block ledger-based storage infrastructure by employing an improved version of existing DAG-based protocols. The FANTOM platform adopts a new protocol known as Lachesis Protocol to maintain consensus. Applications built on top of the FANTOM OPERA Chain enjoy instant transactions and near zero transaction costs for all users.

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Platform

Fantom ICO Review

FANTOM is the world’s first DAG based Smart Contract platform that solves

the scalability issues of existing public distributed ledger technology. The

platform distinguishes itself from the traditional block ledger-based storage

infrastructure by employing an improved version of existing DAG-based

protocols. The FANTOM platform adopts a new protocol known as Lachesis

Protocol to maintain consensus. Applications built on top of the FANTOM

OPERA Chain enjoy instant transactions and near zero transaction costs for

all users

The FANTOM architecture is divided into three layers. The bottom layer is

called the OPERA Core Layer. It is responsible for creating events and maintaining

consensus across all nodes via the Lachesis Protocol. The middle

layer is called the OPERA Ware Layer. It will provide the functionality for

payments, issuing rewards, incentives, and Story data. Finally, the top layer

is called the OPERA Application Layer, and will provide publicly available

Application Programming Interfaces (APIs) for applications to use features

of the OPERA Ware Layer.

Architecture

Ethereum has limited capability of tracking past transactions. On the FANTOM

platform, however, previous transactions can be tracked based on the

root hash value called Story Root for all transactions. The story root embraces

all relevant data starting from the point of their creation. It provides an

ideal tool for supply-chain management. For example, the meat used for a

canned ham could be traced to its origin when using FANTOM.

Story Root

FANTOM provides a SCALA-like functional programming language for executing

Smart Contracts on top of its own Virtual Machine known as the FANTOM

Virtual Machine (FVM). The FVM will allow executive smart contract

byte code efficiency and across all operating systems

Fantom ICO Comments

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  • 5 months ago Klay Thompson

    Y'all have any details on the ICO?

  • 5 months ago Jonas Panerio

    The FANTOM platform main token (FTOM) will adopt an inflationary system which enables the expansion of the ecosystem. The total token supply will be 3.55 billion with an initial 5% inflation rate annually. Once the price reaches 20%, the rest of the tokens go into offering incentives and rewards for the FANTOM platform users. Still, it is tactful to note that the idea is still primarily on paper and plans to roll out once it finalizes all its developments at the beginning of 2019.

  • 5 months ago Jonas Panerio

    Does Fantom have a prototype already?

  • 5 months ago Peter Garland

    I don't think so as I haven't seen any announcement as well from their website.

  • 5 months ago Jonas Panerio

    Alright. Thanks for the heads up!

  • 5 months ago Klay Thompson

    How Does the Fantom DAG Smart Contract Opera Chain works?

  • 5 months ago Red Willis

    FANTOM portray their platform as using a more improved version of the DAG model to boost the speed of settling the contracts and increasing the levels of scalability. Here is how it plans to achieve those circumstances.

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ICOPicker - Ahn Byung Ik
Ahn Byung Ik
CEO / Ph.D
ICOPicker - Bob Tucker
Bob Tucker
COO
ICOPicker - Yunsung
Yunsung
CFO
ICOPicker - Issac Lee
Issac Lee
CIO
ICOPicker - Joseph Jang
Joseph Jang
CSO
ICOPicker - Jake Choi
Jake Choi
CMO

Token Info

  • Symbol/Ticker FTM
  • Platform Ethereum
  • Type ERC20
  • Bonus Yes

Presale Info

  • Presale Price 0.01 USD
  • Presale Start Date 06/15/2018
  • Presale End Date 07/15/2018

Investment Info

  • Tokens for Sale 3550000000
  • Total Token Supply 3550000000
  • Price Per Token 1 FTH = 0.01 USD
  • Soft Capital 6,000,000 USD
  • Hard Capital 39,800,000 USD
  • Accepting ETH

Intermezzo 15 June, 2018

Validation of the Lachesis Protocol Middleware beta launch Generation of the ERC-20 token

Seria 3Q, 2018

Middleware Layer Public API disclosure

Buffa 1Q, 2019

Completion of OPERA Core Layer Development Functional language beta Virtual machine beta

Operetta 3Q, 2019

Mainnet Launch

Grand OPERA 2Q, 2020

Global platform expansion System model expansion FANTOM Council establishment

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5 months ago


  • Token FTM
  • Platform Ethereum
  • Price 1 FTH = 0.01 USD
  • Soft Capital 6,000,000 USD
  • Hard Capital 39,800,000 USD
  • Accepting ETH
  • Country South Korea
  • Restrictions United States, China
  • Know Your Customer Yes
  • Whitelist No

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