Directed Acylic Graph (DAG)
Average rating : HIGH
FANTOM is the world’s first DAG based smart contract platform that solves the issue of scalability and confirmation time of the existing blockchain technology.
|Pre-sale:||01 Jun - 14 Jun||ENDED||6,000,000 / 6,000,000 USD raised|
|Crowd-sale:||15 Jun - 15 Jun||ENDED|
Raised: 39,800,000 of 39,800,000USD ( 100%)
|Ticker:||FTM||Available for token sale:||40|
|Token type:||Private-sale/pre-sale token price:||/|
|Accepts:||Private-sale/pre-sale bonus:||no info/ 15|
|Prototype:||NO||Pre-sale min/max personal cap:|
|Team:||11 persons||Crowd-sale token price:|
|Team residence:||Crowd-sale min/max personal cap:|
|Company residence:||Cant participate:|
3-May. Alexey: Fantom is interesting, the cap is rather big, however, it is Blockchain so its OK. We are watching it, right now we don't have a full opinion on this project.
23-May. Ivan: Lucas from PolicyPal is helping them. Technology is OK. There were red flags, but it has appeared to be FUD. Pre-sale is closed for now.
Sergey: Big team, looks like ICON. The whitelist will probably be oversubscribed. (28th May).
Andrey: We don`t have allocations. Link
30-May. Sergey: They raise a lot on pre-sale. I have been given small allocation, I have seen their wallet, funds are being raised actively. The project looks like ICON: big team, good advisory board. I think it is better not to miss this whitelist. Linksee more
Fantom is one of several contenders that have chosen to combine DAG scalability with smart contracts for use utility. If the Fantom project is able to deliver on the promise of high TPS and leverage their industry domain toward enterprise adoption, we see the possibility for a path to actual use.
That said, at this point in the evolution of blockchain, when actual enterprise adoption of such technology will take place remains an open question. Regardless, we think the Fantom ICO has a team with the right mixture of blockchain expertise and industry domain for a fair shot.see more
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:
For flipping: A
The market awareness for the project is very high. While the hard cap is higher than we would like, we believe there would still be plenty of unmet demand after the crowdsale.
For long-term holding: B
There is a lot of competition for next-generation blockchains. Fantom’s team is promising and the idea is good, but we are still uncertain whether they can deliver on what they have stated in their white paper because the project is still in an early stage of development. If the team can deliver on their promises, the potential could be substantial.see more
Current DAG platforms like IOTA, NANO, ByteBall lack the Smart Contract dApp infrastructure to challenge Ethereum, Fantom is going to be a real challenger to Ethereum as it will support smart contracts. You will also see more projects like this i.e. DAG+Smart Contract platform in near future. Fantom has first mover advantage but they won't be live until Q3 2019. I believe by the time they'll launch their mainnet we will already have some other DAG+Smart Contract platform running which may negate its first-mover advantage which is very important as shown by Bitcoin and Ethereum. They should speed up their progress to keep the investor's interest in this project high otherwise hype may fade away soon.see more
16-July. Fantom is a bunch of hype right. It's all hype, main net that is not launching till q3 2019. So I mean after that ICO, what's gonna keep it up but I mean I think I've been told to be having good people working behind them and I think the team behind them is gonna be good. I think I heard those through different channels, they'll know the good market maker, something like that. Linksee more
FANTOM is entering a very competitive space. Most competitors have already been in development for longer a amount of time than FANTOM has. With that said, none of the current Platforms available have managed to scale enough in order to accommodate real-world usage for different scenarios. FANTOM claims they have a solution for this problem and that the team has the capabilities required to achieve the set milestones. We believe FANTOM will have no problem achieving their hard cap and creating a large follower-base due to the fact that its proposition is – the current “hot” solution of tackling Blockchain scalability. However, we believe that FANTOM’s team needs to urgently deliver once the crowdsale ends in order to build some type of trust and stature within the cryptocurrency community. This will only be done by delivering a more superior platform compared to what is available today.see more
Fantom will have its own virtual machine called FANTOM Virtual Machine (FVM) to execute the smart contracts. The FANTOM architecture is divided into three layers, bottom layer is called as the OPERA Core layer, the middle layer is called the OPERA Ware layer, the top layer is called the OPERA Application Layer. Application layer provides APIs for interactions, and the OPERA ware layer provides the functionality for payments, issuing rewards, incentives, Story data, and the Core layer maintains the consensus across all nodes using the Lachesis Protocol. Fantom sounds good to read on a paper now but time has to tell how they can deliver what they claim in their paper.see more
|ICO Drops||Very High|
|MMCrypto||5/7 — //|