Phantom (FTM) since early 2021 recorded a remarkable increase with a record over 13,000% year -over -year from a low of $ 0.017.
But what is unique about Phantom is that its price went crazy and it was dubbed the competitor of Ethereum (ETH) after Solana (SOL) and Cardano (ADA).
Trivia Fantom (FTM)
Tested in December 2018 and launched in December 2019.
It is a smart contract platform based on directed acyclic graph (DAG).
Using Lachesis Protocol mechanism technology which will integrate with Phantom OPERA Chain and byzantine fault tolerance (ABFT) asynchronous mechanism.
Phantom Opera Chain
It is a fast and secure platform for developers to build decentralized applications (DApps).
Completely permissionless and open source based.
Compatible with Ethereum Virtual Machine (EVM) and provides full smart contract support through Solidity.
Implement transaction authentication using leaderless Proof-of-Stake to further enhance network security.
Developed for the purpose of overcoming the limitations of previous generation blockchain features.
Offers sustainable, scalable, fast, and secure performance through the use of two technologies: DAG and ABFT.
Also supports the decentralized financial sector (DeFi):
fMint
fSwap
fLend
FTM token
Powerful utility tokens throughout the Phantom ecosystem.
Used for staking, administration, payment, and charging at Phantom.
Maximum supply: 3.175 billion FTM
Available as ERC-20 standard tokens in the Ethereum (ETH) ecosystem and BEP-2 in the Binance ecosystem.
At the time this article was written, its value was trading at $ 2.19.
Projects related to the Phantom platform also involve:
Travala - a blockchain -based travel ticket booking platform.
DABS - an electricity company based in Afghanistan.
Afghanistan Chamber of Commerce and Investment (ACCI)
Royal Star Pharma - Afghanistan's largest pharmaceutical distributor
If you are interested in investing in Phantom, you can make FTM purchases on several crypto exchange platforms: Binance, KuCoin, FTX, and Gate.io.
Investors are also encouraged to do extensive research, DYOR -linked Phantom (FTX) before making an investment.
