Home Altcoins News Fantom (FTM) is Building for the Long Haul Brilliant Project but needs efficient Marketing

Fantom (FTM) is Building for the Long Haul Brilliant Project but needs efficient Marketing

Fantom FTM

Fantom is one platform offering endless solutions by way of their fast, high-throughout, open-source smart contract platform meant for digital assets and dApps.

Being aBFT consensus protocol Fantom is able to deliver unparalleled speed, security and reliability.  They are able to enjoy instant transactions at extremely low fees. In just a couple of seconds the transactions are finalized.  The transaction cost is just less than a fraction of a cent.

The validator nodes make for a global, trustless and leaderless proof-of-stake network. Being highly scalable, Fantom are able to process several transactions per seconds and they are able to scale to thousands of nodes.

Since it is Ethereum compatible, it is possible to run the different Ethereum dApps on Fantom.  The Fantom ecosystem consists of key DeFi players, governmental projects, institutions, cross-chain initiatives, NFT market places and a lot of investors that believe in the future of FTM.

Barek Sekandari, Chief Government Relations Officer @ Fantom stated, Real builders and real startups do not worry on the market fluctuations! When you have nationwide adoptions, it doesn’t matter if it’s bull or bear. Success becomes inevitable.

This just makes it very clear that FTM is building for the long haul. One of the community member stated that they make little noise, but do a monstrous job.

The network growth stats were recently published, but it just looked like nobody other than the Holders seemed to care.

Fantom recently talking about the stats, “1.78 million txs; 75k unique addresses (mainnet + ethereum); increasing number of txs. Currently 30k / day TTF 1-2 seconds (will go down to 1s avg in the next weeks) tx cost $0.0001.”

However, there are some users who are thankful for having enabled DeFi and they are confident about the growth factor for the blockchain.

Alex Romanovic, a strategy consultant stated, the FTM mainnet is up and running and already today delivers what ETH 2.0 anticipates for 2022: Proof-of-stake, 15.000+ tps, very low txs fees (0.0002$) & smart contracts. It is one of the fastest & cheapest chains out there at only $1.1bn market cap – extremely undervalued.

He pointed to how Fantom received investments by SBF_Alameda ($35m) and Block Tower ($20m). The $FTM works together with the Afghanistan Chamber of Commerce and Investment and pitched its idea of a CBDC to the International Telecommunication Union (a specialized agency of the United Nations).

Some of them felt that they need to have marketing people on board. Also, they have to state that this is a brilliant project.  Many of them are disappointed because FTM is a cumbersome and very slow coin.  Also, they feel like everyone is on the moon and that FTM is far behind.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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