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Fantom Token is a revolutionary blockchain platform that brings together the blockchain and the corporate industry. It is based on connection and trust with an aim of increasing speed and security. This platform will solve scalability issues using DAG-based asynchronous technology that breaks down blocks into small units making them lighter and can work in parallel allowing them to process more transactions per second. This new infrastructure can now process massive volume of data of up to 300Show more [+] ,000 transactions per second. This ability is enabled by the platform's OPERA Chain that features dual layers. These layers are the OPERA Core Layer and OPERA Ware Layer that utilize the Lachesis Protocol. The platform will have a significant impact not only on the financial industry, but on other areas of people's everyday lives. It improves on the conventional blockchain that synchronizes one block at a time slowing down confirmations and making it difficult to adapt it in mainstream industries.
The Fantom Token platform uses FTM coin as its native currency. This coin was never premined. Its token sale took place between 15th and 16th of June 2018, and raised 39.4 million. The coin is listed on several exchanges including Bibox, Kucoin, IDEX, YoBit and Hotbit. Being an ERC20 token, MetaMask is compatible with wallets that support ERC20 tokens such as MetaMask and MyEtherWallet.
The Fantom project is led by a team of experts from various fields including Ahn Byung IK, the CEO, Joseph Jamg, the COO, Jake Choi, the CMO, Michael Kong, the CIO, Seung Mun Lee, the CFO, Sung Yun, the CBO, Bob Tucker, Treasury and Fred Pucci, the legal counsel among others.