Fantom Foundation

The Fantom Foundation is a platform for digital assets and decentralized applications that includes a high-throughput open-source smart contract.

Company Details

• Founded: 2018
• Headquarters: South Korea

Key Features:

• Uses a Directed Acyclic Graph-based mechanism named Lachesis that enables scalability and high transaction speed.
• Transactions on Fantom are inexpensive, making them cost-effective for developers and users.
• Allows developers to utilize Ethereum-compatible smart contracts by supporting the Ethereum-Virtual Machine (EVM).
• FTM is its native token that can be used for earning rewards and participating in the governance of the network.