Fantom

Phantom (FTM) is a decentralized platform for smart contracts, renowned for its customizability, scalability, efficiency, and rapid transaction speeds. Launched in June 2018 via an ICO that raised $39 million by selling 40% of its total supply at $0.04306, Phantom has since established itself as a significant player in the cryptocurrency market. Its layered architecture facilitates parallel processing, resulting in lower transaction confirmation times and costs. FTM serves as its native token for trading and staking and can be traded on the Phantom network, Ethereum, and Binance Smart Chain. The advantages of Phantom include high speed, low costs, scalability, and robust security, making it suitable for applications in decentralized finance (DeFi), decentralized applications (DApps), and supply chain management. Overall, Phantom's technical capabilities have cemented its status as a leading project within the blockchain space.