Fantom ICO

Fantom ICO

Created using Figma
Created using Figma
Beyond Blockchain
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Coinpark
    FTM/USDT 13 minutes ago
    $ 0.0159
    $ 11.314 K
    -12.34%
    -32.44%
  • Bilaxy
    FTM/ETH 17 minutes ago
    $ 0.0159
    $ 891.578 K
    -11.30%
    -9.84%
  • KuCoin
    FTM/BTC 19 minutes ago
    $ 0.0157
    $ 116.227 K
    -13.59%
    4.63%
  • BitMax
    FTM/USDT 22 minutes ago
    $ 0.0150
    $ 95.112 K
    -5.68%
    -2.60%
  • Coinone
    FTM/KRW 32 minutes ago
    $ 0.0084
    $ 193.69
    -0.05%
    -78.80%
  • Bibox
    FTM/USDT 39 minutes ago
    $ 0.0156
    $ 30.214 K
    -2.33%
    -28.21%
  • Digifinex
    FTM/BTC 39 minutes ago
    $ 0.0156
    $ 473.118 K
    -1.58%
    -24.22%
  • KuCoin
    FTM/ETH 40 minutes ago
    $ 0.0157
    $ 26.545 K
    -13.24%
    0.62%
  • OKEx
    FTM/USDT 48 minutes ago
    $ 0.0156
    $ 331.459 K
    -1.90%
    -32.77%
  • Binance
    FTM/USDT 48 minutes ago
    $ 0.0157
    $ 1.801 M
    -10.41%
    -13.62%
  • Binance
    FTM/BNB 49 minutes ago
    $ 0.0159
    $ 92.255 K
    -9.05%
    -45.90%
  • Binance
    FTM/BTC 49 minutes ago
    $ 0.0158
    $ 1.879 M
    -9.42%
    -36.59%
  • MXC
    FTM/USDT one hour ago
    $ 0.0157
    $ 214.609 K
    -11.16%
    5.81%
  • Omgfin
    FTM/USDT one hour ago
    $ 0.0159
    $ 2.575 K
    -9.87%
    -9.94%
  • ProBit
    FTM/USDT one hour ago
    $ 0.0159
    $ 163.469 K
    -9.84%
    -2.89%
  • ProBit
    FTM/KRW one hour ago
    $ 0.0159
    $ 152.608 K
    -9.49%
    -11.74%
  • Omgfin
    FTM/BTC one hour ago
    $ 0.0158
    $ 4.738 K
    -11.58%
    -21.39%
  • Omgfin
    FTM/ETH one hour ago
    $ 0.0157
    $ 4.637 K
    -12.33%
    -10.85%
  • Binance DEX
    FTM/BNB one hour ago
    $ 0.0157
    $ 556.47
    -12.73%
    91.19%
  • MXC
    FTM/ETH one hour ago
    $ 0.0157
    $ 100.321 K
    -10.92%
    -8.03%
  • OKEx Korea
    FTM/USDT 2 hours ago
    $ 0.0156
    $ 760.57
    -
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  • Gate.io
    FTM/USDT 3 hours ago
    $ 0.0156
    $ 826.55
    -11.33%
    -70.31%
  • Idex
    FTM/ETH 4 hours ago
    $ 0.0168
    $ 1.176 K
    -
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  • Bibox
    FTM/ETH 5 hours ago
    $ 0.0158
    $ 532.55
    -9.67%
    -28.23%
  • OKEx
    FTM/USDK 6 hours ago
    $ 0.0174
    $ 0.1434
    -
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  • YoBit
    FTM/RUR 7 hours ago
    $ 0.0166
    $ 0.1669
    -6.78%
    -76.17%
  • YoBit
    FTM/USD 22 hours ago
    $ 0.0175
    $ 0.1102
    -
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  • Bitsonic
    FTM/BSC one day ago
    $ 0.0160
    $ 0.0016
    -
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  • Hotbit
    FTM/USDT one day ago
    $ 0.0172
    $ 9.882 K
    -2.32%
    68.78%
  • BitMax
    FTM/BTC 2 days ago
    $ 0.0265
    $ 88.04
    -
    -
  • YoBit
    FTM/BTC 2 days ago
    $ 0.0180
    $ 5.90
    -
    -
  • Hotbit
    FTM/ETH 3 days ago
    $ 0.0169
    $ 51.05 K
    -
    -
  • YoBit
    FTM/DOGE 3 days ago
    $ 0.0172
    $ 0.9815
    0.68%
    -81.45%
  • YoBit
    FTM/ETH 4 days ago
    $ 0.0176
    $ 198.47
    -1.29%
    15,050.38%
  • Hotbit
    FTM/BTC 10 days ago
    $ 0.0131
    $ 173.909 K
    -
    -
  • Gate.io
    FTM/ETH 16 days ago
    $ 0.0183
    $ 2.33
    -
    -
  • YoBit
    FTM/WAVES 18 days ago
    $ 0.0152
    $ 0.0017
    14.76%
    -99.98%
  • CoinAll
    FTM/BTC 21 days ago
    $ 0.0165
    $ 56.58
    -
    -
  • Bibox
    FTM/BTC one month ago
    $ 0.0128
    $ 17.13 K
    -
    -
  • Uniswap (v2)
    FTM/ETH one month ago
    -
    -
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    -
  • Beaxy
    FTM/BTC one month ago
    $ 0.0047
    $ 71.70
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  • Omgfin
    FTM/UQC 2 months ago
    $ 0.0056
    $ 578.88
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    -
  • Saturn Network
    FTM/ETH 3 months ago
    $ 0.0134
    -
    -
    -
  • Coinfinit
    FTM/KRW 5 months ago
    $ 2.15
    $ 21.79
    -
    -
  • Binance
    FTM/USDC 10 months ago
    $ 0.0123
    $ 3.148 K
    3.08%
    -24.54%
  • Bittrex
    FTM/BTC 10 months ago
    $ 0.0126
    $ 4.88 K
    4.21%
    -9.63%
  • Eterbase
    FTM/EBASE 10 months ago
    $ 0.0121
    $ 455.51
    -
    -
  • AirSwap
    FTM/ETH 10 months ago
    $ 0.0123
    $ 1.84
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    -
  • OKEx
    FTM/BTC 10 months ago
    $ 0.0139
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  • DDEX
    FTM/WETH 10 months ago
    $ 0.0126
    $ 13.74
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  • Eterbase
    FTM/USDT 10 months ago
    $ 0.0110
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  • Coinzest
    FTM/KRW 10 months ago
    $ 0.0139
    $ 138.54
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  • Binance
    FTM/PAX 10 months ago
    $ 0.0103
    $ 1.068 K
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  • Binance
    FTM/TUSD 10 months ago
    -
    $ 57.61
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  • Dflow
    FTM/USDT 10 months ago
    $ 0.0113
    $ 0.1531
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  • Bamboo Relay
    FTM/WETH 10 months ago
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  • ZG.TOP
    FTM/USDT 10 months ago
    $ 0.0165
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  • Eterbase
    FTM/EBASE 10 months ago
    $ 0.0159
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  • Coinpark
    FTM/ETH 11 months ago
    $ 0.0167
    $ 2.838 K
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  • Eterbase
    FTM/ETH one year ago
    $ 0.0206
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  • xFutures
    FTM/BTC one year ago
    $ 0.0284
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  • BiteBTC
    FTM/ETH one year ago
    $ 0.0206
    $ 26.324 K
    -0.45%
    -0.11%
  • BiteBTC
    FTM/BTC one year ago
    $ 0.0205
    $ 4.938 K
    15.84%
    36.31%
  • Eterbase
    FTM/EUR one year ago
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  • TokenJar
    FTM/WETH one year ago
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  • BKEX
    FTM/USDT one year ago
    $ 0.0143
    $ 140.637 K
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  • BKEX
    FTM/ETH one year ago
    $ 0.0096
    $ 1.633 K
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  • Idex
    FTM/WBTC one year ago
    $ 0.5284
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  • Switcheo
    FTM/ETH one year ago
    $ 0.0089
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  • Dflow
    FTM/BTC one year ago
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  • TOKOK
    FTM/ETH one year ago
    $ 0.0046
    $ 7.743 K
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  • DDEX
    FTM/ETH one year ago
    $ 0.0048
    $ 32.10
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  • Coineal
    FTM/ETH one year ago
    $ 0.0074
    $ 514.93
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  • Bitforex
    FTM/ETH
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  • Bgogo
    FTM/ETH
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  • Bgogo
    FTM/BTC
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  • Bitforex
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Jun 15, 2018
Jun 22, 2018
100% completed
$37 850 000
100% goal completed
past
Token Details
Ticker
FTM
Accepted Currencies
ETH
Company Details
Registered Country
The Bahamas
Additional Details
Whitelist
Yes , from May 21, 2018 till Jun 12, 2018
KYC
Yes
Categories
Platform, Cryptocurrency, Retail, Software

About Fantom ICO

Blockchain technology has provided a way to maintain consensus across all nodes with no central authority. The technology, however, faces fundamental issues like real-time transaction settlement and scalability. Despite improved consensus algorithms, current blockchain implementations use nodes that synchronize one block at a time. Slow confirmation times are one of the biggest factors stopping blockchain technology from being widely used across industries. Although third-generation Smart Contract platforms such as Cardano and EOS have emerged, the scalability issues within these blockchain still remain. To address these persistent issues, a new technology, based on the Directed Acyclic Graph (DAG), was developed. Newer platforms that improve on current blockchain scalability, such as IOTA, Hashgraph and Nano, are all based on DAGs. This new technology is able to guarantee real-time transactions because nodes process transactions asynchronously, while ensuring infinite scalability and potentially achieving hundreds of thousands of transactions per second as more nodes participate in the network. DAGs are efficient because blocks are completely removed from transactions and thus no miners are needed. In a DAG, each transaction is linked from one to another and since there are no miners in the system, transaction times will improve as more people use it. Platforms such as IOTA and Nano, however, lack the Smart Contract dApp infrastructure to challenge Ethereum.

Features

All transactions on the FANTOM platform are executed asynchronously with instant confirmation.

Transaction fee  on the FANTOM platform is less than 0.01 USD from one wallet to another.

The FANTOM platform offers infinite scalability: as more nodes participate in the network, its processing capability increases.

The FANTOM platform is fully open-sourced for transparency and trust.

FANTOM technical architecture comprises 3 key components:

  • The OPERA Chain processes a list of events asynchronously with no rights to modify previous confirmed transactions.
  • The Lachesis protocol: transactions are confirmed with a DAG to maintain consensus within the decentralized FANTOM network.
  • Story Data: Every transaction and smart contract function may store a piece of data for tracking and supply-chain management.

Fantom ICO Roadmap

  • June 2018

  • Validation of the Lachesis Protocol
    Middleware beta launch
    Generation of the ERC-20 token
  • Q3 2018

  • Middleware Layer
    Public API disclosure
  • Q1 2019

  • Completion of OPERA Core Layer Development
    Functional language beta
    Virtual machine beta
  • Q3 2019

  • Mainnet Launch
  • Read More
  • Q2 2020

  • Global platform expansion
    System model expansion
    FANTOM Council establishment

Activity

Followers:
22 986
VERY HIGH
Tweets:
1 474
VERY HIGH
30 Days Growth:

Fantom ICO Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Ahn Byung Ik
CEO
unverified
Bob Tucker
COO
unverified
Yunsung
CFO
unverified
Issac Lee
CIO
unverified
Joseph Jang
CSO
unverified
Jake Choi
CMO
unverified
Hyun Woong Jae
Eco Architect
unverified
Lee Seoung Moon
Investment Director
unverified
Lee Jung Taek
Operation Director
unverified
Kim Gyu Min
Marketing
unverified
Park Ye Weon
Communication
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Steve Bellotti
Adviser
unverified
Matthew Hur
Adviser
unverified

7 ICO

$86 072 081

Francisco Jo
Adviser
unverified
Kim Hyeong Joo
Adviser
unverified
Jo Min Sik
Adviser
unverified
Ashton Hettiarachi
Adviser
unverified
Michael Kong
Adviser
unverified
Kim Hak Gyun
Adviser
unverified
$ 0.0158
-11.47%
Coin Stats
Daily, %:
-11.47%
Weekly, %:
14.27%
Monthly, %:
33.89%
Market Info
Market Cap:
$ 38.784 M
Volume 24h:
$ 7.222 M
Circ. Supply:
2.446 B FTM
Ticker:
FTM

Fantom ICO Reviews

icoscoring.com
ICO review website

Fantom is not the first platform based on DAG. IOTA, Byteball, Nano and Hedera Hashgraph already started developing projects with the same technology. Hedera Hashgraph aims to raise 18M USD, which is twice smaller than Fantom wants to attract. There is no link to GIthub or other source to track the product development As of May 15th 2018, Beta is not available. 

The chain is being designed so that FANTOM and low-level transaction tokens provide users not only access to the network but also Smart Credit functions. A Smart credit is an automated contract credit which uses Smart Contract technology stipulated in an internalized contract to force parties involved in the contract credit to fulfil their contractual obligations). As consumers grow and technologies evolve, Application hosts will require more FANTOM tokens to drive their business. A Smart credit contract guarantees user protection upon failure of the Application host (i.e. bankruptcy). Users can immediately regain their assets by redeeming them with FANTOM tokens that have been previously provided as surety, and connect them with other Application hosts. The company valuation - 100M USD - seems comparably high. The team does not clarify what "Market Development" reserved tokens will be spent for. The team gives a split of expenses only for 3 broad categories: Development, Operations, Marketing. This seems as a sketchy distribution.

There are 16 members working on the platform development + 11 foundation members, including CEO. Most of the core competencies are covered in the team. The CEO of Fantom has previous entrepreneurship experience. He sold one of his previous businesses(Point-I), and currently is the founder of Siksin Ltd (2M+ downloads from App store). The technical specialists have previous experience in Oracle. Most of the team members are located in Korea, while some key employees are in Australia. One of the senior developers does not have any other experience stated on Linkedin. Not all of the team members have Linkedin profiles.

Read More
Lendex
83
Read More
ICO Drops

3-May. Alexey: Fantom is interesting, the cap is rather big, however, it is Blockchain so its OK. We are watching it, right now we don't have a full opinion on this project.
23-May. Ivan: Lucas from PolicyPal is helping them. Technology is OK. There were red flags, but it has appeared to be FUD. Pre-sale is closed for now.
Sergey: Big team, looks like ICON. The whitelist will probably be oversubscribed. (28th May).
Andrey: We don`t have allocations. Link
30-May. Sergey: They raise a lot on pre-sale. I have been given small allocation, I have seen their wallet, funds are being raised actively. The project looks like ICON: big team, good advisory board. I think it is better not to miss this whitelist. Link

Read More
Crypto Briefing
78%

Fantom is one of several contenders that have chosen to combine DAG scalability with smart contracts for use utility. If the Fantom project is able to deliver on the promise of high TPS and leverage their industry domain toward enterprise adoption, we see the possibility for a path to actual use.
That said, at this point in the evolution of blockchain, when actual enterprise adoption of such technology will take place remains an open question. Regardless, we think the Fantom ICO has a team with the right mixture of blockchain expertise and industry domain for a fair shot.

Read More
Sergio
84%
Read More
View all (18)
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