Fantom Crypto News

What is Fantom crypto?

Fantom is a smart contract platform that uses a directed acyclic graph (DAG) rather than a blockchain to support a network aiming at maximizing speed and scalability.
Fantom is a Layer 1 project that uses a single consensus layer to support the creation of multiple execution chains. FTM, the project’s native token, is for payments, governance, and ongoing block rewards sent to validators and delegators who stake FTM. The network’s independent consensus layer, called Lachesis, features a novel consensus mechanism developed by the Fantom Foundation dubbed the “Lachesis Protocol.”

How does Fantom work?

Fantom’s components are modules that can be linked together by dApp developers. All of the platform’s components have stand-alone utilities as well as integration links. They allow clicking together into applications on the Fantom smart contract platform at a low cost. These modules include data storage, computation power, consensus mechanism, and more.
Fantom is a full-service blockchain platform that provides the resources required to develop dApps. Fantom provides an easy-to-use interface for developers, so they don’t have to build their own blockchain or develop custom code. And Fantom uses multi-party computing to ensure transactions are performed reliably and instantly.
Fantom Network helps developers by eliminating the trade-offs of traditional blockchain platforms. With the main purpose to create high-performance applications that meet all of their goals.

Where to buy Fantom crypto?

On the official website of Fantom Foundation, you can find a full list of the exchanges that support FTM.

How to add Fantom to Metamask?

To add Fantom to MetaMask, you need to log in to your MetaMask wallet and add a new network.
In the network fields, you need to enter Fantom’s network name, RPC URL, chain ID, symbol, and blockchain explorer URL.
You can get this information on the Fantom docs website.
The network that you want to use is the Fantom Opera network (Fantom mainnet).
After you’ve added the Fantom network to MetaMask, you’ll be able to send and receive FTM tokens.

Is FTM a good investment?

The Fantom Network is a next-generation, highly scalable blockchain platform. It uses a bespoke variety of proof-of-stake algorithms to provide services and secure its network. FTM is also using as a governance token.
We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
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Unstoppable Domains Integration with 1inch, to give DeFi users an easier way to send, receive and manage their crypto. With a shared mission of creating a simple yet powerful crypto user...
PenguinKarts Partnership with Elemental Raiders, a free-to-play turn-based hero battler that combines features from collectible card games and multiplayer RPGs. Their partnership will help...
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Resonate Finance Collaboration with GMX, they will envision applying Resonate to make the rights to future interest tradable on the GMX ecosystem’s yield-bearing assets. GMX is a spot and...
Resonate Support for Aura Finance, a protocol that provides maximum incentives to Balancer liquidity providers and BAL stakers. Resonate will be using Aura as a provider for the yield farms...
Dappradar Partnership with 8Bit Metaverse, where users can build, socialize, earn, and create whatever their heart desires.  This partnership will bring an immersive and interactive product...
Resonate Support for Fantom Opera Network, a high-performance, scalable, EVM-compatible, and secure smart-contract platform. Why Fantom? Fantom has been Resonate’s home-base throughout...
EverRise Partnership with Trust Wallet, a self-custodial wallet that allows users to store and manage millions of crypto assets, including NFTs. Token and NFT Approvals Every time you...
OKC Integration with Unstoppable Domains, users can send and receive token assets from more than 20 public chains using a human-readable wallet address. OKC (OKX Chain) is a Cosmos IBC-based...
Resonate Partnership with Paint Swap, a decentralized finance powerhouse, combining an open NFT marketplace with a decentralized exchange (AMM) on the ever-growing Fantom Opera...
Fantom Supported on Prime Testnet, Users will be able to deposit Fantom testnet funds, as well as funds from several other testnets, into Prime Protocol. Prime Protocol is excited to...
Balance Capital Partnership with 3Air, a blockchain-based platform with the goal of bringing broadband connectivity and financial inclusion to the next billion. Balance Capital is proud to...
DeNet Partnership with SpookySwap,  a decentralized exchange on the Fantom network providing the best user experience in Defi. The Partnership DeNet and SpookySwap are collaborating to...
TankWarsZone Building on ReefChain, to enhance the gaming experience of the Tank Wars Zone community with fast transactions, high throughputs, and more. Tank Wars Zone x Reef This strategic...
ChainPort to Support Fantom Native Tokens, tokens initially launched on Fantom’s ecosystem can now be easily ported cross chain using ChainPort. By adding native Fantom token support,...
NevDex Partnership with Celer Network, NevDEX will be listing Celer cBridge stable coin USDC & USDT to the trading pairs to provide users with more choices when trading at their...
Tin Network Integrates Sharkswap & SXNetwork, Tin Network provides a simple dashboard for DeFi — easily track and visualize all your DeFi assets and liabilities in one simple...
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