Fantom Foundation
fantom is a highly scalable blockchain platform
Korea Southfantom.foundationFounded 2018
About
The Fantom Foundation is a platform for digital assets and decentralized applications that includes a high-throughput open-source smart contract. Fantom's Opera smart contract platform provides scalability and a streamlined user experience. Company Details • Founded: 2018 • Headquarters: South Korea Key Features: • Uses a Directed Acyclic Graph-based mechanism named Lachesis that enables scalability and high transaction speed. • Transactions on Fantom are inexpensive, making them cost-effective for developers and users. • Supports the Ethereum Virtual Machine (EVM), which enables developers to use Ethereum-compatible smart contracts. • FTM is the native coin that can be used to receive incentives and contribute to the network's governance. • Users can connect to Fantom to access hundreds of DeFi, NFT, and GameFi dApps.
Team (1)
Funding
- Corporate Roundblocktower capital2,00,00,00001 Mar 2021
- Venture RoundAlamedaResearch3,50,00,00023 Feb 2021
- Corporate RoundBibox Exchange022 Jun 2018
- Initial Coin Offering8Decimal Capital26,50,00001 Jun 2018
- Seed RoundObsidian Capital16,00,00001 Feb 2018
- Private EquityArrington Capital3,77,00,00001 Jan 2018
FAQs
- Fantom Foundation has various security measures, including the Lachesis Consensus process, greater validator participation, Proof of Stake (PoS), and reduced transaction fees.