In this video we take a look at FANTOM (FTM). We also look at technical analysis for FANTOM (FTM) as well as price predictions moving forward into the future.
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What is FANTOM (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The total supply of FTM is 3.175 billion tokens, of which 2,545,006,273 FTM FTM is currently in circulation. The rest will be released subject to a schedule running through 2023.
Staking forms an important part of tokenomics, with a proportion of the supply reserved specifically for staking rewards to users who hold FTM.
#Fantom #FTM #Priceprediction