Fantom

About Fantom token

Fantom is a blockchain with diverse applications such as DeFi, NFTs, and gaming. To solve common blockchain technology challenges, Fantom’s transactions are sent and finalized within one second, and cost under 1 cent. This platform benefits developers and users alike as faster dApps can be processed like web2 speeds, but with the security and interoperability of blockchain technology. Its ecosystem is thriving, enriched by partnerships and collaborative developments, increasing the network’s utility and reach. Besides offering network security, staking FTM tokens provides rewards, creating a network in which community-wide incentives are self-sustaining. In addition, the network’s upcoming change from $FTM to $S tokens will uphold change while ensuring operational integrity, providing a seamless experience for current users. Fantom stands out with its asynchronous transaction confirmation method which maintains fantastically high throughput of 2,000 transactions per second with near-instant finality. This method is attractive for the network’s users and poses Fantom as a formidable contender for developers aiming to build efficient, scalable applications.