What is Phantom?

What is Phantom?

What is Phantom?  
Fantom (FTM) is a digital currency. The FTM token is a decentralized and secure platform for smart contracts.  
The platform of this currency is customizable, scalable, and the Fantom protocol is known for its high efficiency and fast transaction speeds, which were created to overcome the limitations of previous generations of blockchain networks.  

The Fantom network operates in a layered manner, allowing it to work in parallel. This feature minimizes transaction confirmation times and reduces costs.  
Users can buy and sell FTM, the native token of Fantom, through staking.  
In fact, due to its unique features, Fantom has become one of the popular projects in the blockchain and cryptocurrency space.  

History of Fantom:  


In June 2018, the Fantom digital currency team conducted an initial coin offering (ICO) for the FTM token, during which 40% of the total supply was sold at a price of 0.04306 USD. In total, $39 million was raised for developers through the Fantom tokens.  
Currently, Fantom is one of the most powerful cryptocurrencies in the market, with many enthusiasts and a high trading volume by investors in the FTM token.  

Buying and Selling Fantom:  


Fantom has its own dedicated network, but its coin (FTM) is traded on networks like Ethereum and Binance Smart Chain.  

Advantages of the Fantom digital currency:  
- High speed  
- Low cost  
- Scalability  
- High security  

Applications of Fantom:  
- Decentralized Finance (DeFi)  
- Decentralized Applications (dApps)  
- Supply chain management and distribution networks  

Overall, due to its technical features, Fantom has become one of the popular projects in the blockchain and cryptocurrency field.


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