FTM (Fantom) Introduction

 New Listings    |      2021-11-17

Fantom 

A fast, scalable, and secure layer-1 EVM-compatible platform

I. Project Introduction 

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed fast with one block confirmation with low transaction costs. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases. 

Tags: DLT, Blockchain, GameFi, NFT, Defi, dApps, Smart Contract

 

II. Token Information 

2.1 Token Basic Information 

a) Token symbol: FTM

b) Total token max supply: 3,175,000,000

c) Circulating supply: 2,545,006,273 (November 17, 2021)

d) Price of tokens for early investors: $0.016- $0.04

e) TGE date: October 29, 2018

2.2 Token Distribution and Release Schedule 

Category Percentage Unlock Schedule
Seed 3.15% Vesting period of 24 months. Paid monthly.
Private Token Sale  37.04% TGE 3 months lockup
Main Sale 1.57% Vesting period of 24 months. Paid monthly
Team 7.49% TGE unlocked, 1-month lockup for bonus tokens only
Advisors  12% TGE unlocked, 3-month lockup for bonus tokens only
Token Reserve 6% TGE unlocked, 3-month lockup for bonus tokens only
Block Rewards 32.75% Daily Block Rewards: 534,247.00 FTM
Total 100.00% /

Table 1:Token Distribution and Release Schedule Table

Note: Bonus tokens refer to the FTM that the seed, private sale 1 and 2 on top of the tokens they purchased at $0.04.

 

III. Related Links 

● Official Website: https://fantom.foundation/

● Whitepaper:  https://arxiv.org/abs/2108.01900

● Blockchain Explorers:

Mainnet: https://explorer.fantom.network/,https://ftmscan.com/

Testnet: https://explorer.testnet.fantom.network/,https://testnet.ftmscan.com/

● Communities:

Telegram: https://t.me/Fantom_English

Telegram ANN: https://t.me/fantomfoundation

Discord: http://chat.fantom.network/

Twitter: https://twitter.com/FantomFDN

Reddit: https://www.reddit.com/r/FantomFoundation/

 

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.

 

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