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What is Fantom all about
Fathom is a blockchain platform that is certainly looking to the future, the future of smart cities. As the world continues to digitize, blockchain looks to fill different roles, and for Fantom, it will be the backbone of these smart cities.
Fantom is also tackling this differently to other blockchain projects in that it is using Directed Acyclic Graph (DAG) technology. The idea being that with DAGs the project can provide near infinite scalability and instant transactions at nearly zero cost. They are also working on a high-performance virtual machine with safe, secure smart contract execution.
With smart cities in mind, Fantom wants to use DAG as the IT backbone of an entire city. . With a goal of executing 300,000 transactions per second, and the ability to communicate across multiple service providers, Fantom believes it is the solution to storing vast amounts of data securely.
In the meantime, there has been a big pivot to DeFi for Fantom, as Fantom's EVM-compatible blockchain gives users the ability to mint, trade, lend and borrow digital assets directly from their wallets. And all of this comes with near zero fees and instant transactions.
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FTM Questions & Answers
How much is Fantom worth today?
Today, the price of Fantom is 2.07 EUR.
Historically, what was the highest Fantom price?
The price of Fantom peaked on 2021-10-19, at 2.13 Euro.
What will the Fantom price be in one month time?
According to our prediction, we expect, Fantom's value will reach between €0.79 and €1.32 in one month time.
What is the price of Fantom going to be in 3 months?
Based on our price prediction we estimate Fantom's value will reach anywhere between €0.79 and €1.48 3 months from now.
What will Fantom be worth in 6 months?
The process of predicting the future over the long term is very challenging, but according to our prediction algorithm we expect the cost of Fantom is likely going to be between €0.79 and €1.86 in 6 months.
Is Fantom a popular project?
16040 individuals participated in discussing Fantom online on Reddit in the last 48 hours. Fantom's official Twitter profile currently is followed by 183889 users.