Etherisc is a company registered in Germany that is issuing a token that will be known as DIP on the Ethereum blockchain.
The FANTOM Foundation has partnered with the South Korea Food Tech Association, whose members include the top 90 leading companies in the 200 billion USD food market in South Korea. According to Fantom’s roadmap, the launch of the test network is scheduled for the fourth quarter of 2018. The team is also more senior than many other blockchain projects, which in our view is better than having a team of only young people with no prior work experience.
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- Instant Payment/Settlements – Asynchronously with instant confirmation
- Near Zero Cost – Less than 0.01$ USD
- Infinite Scalability – Capability increases as more nodes participate
- Open-sourced – Transparent
- 300,000 TPS
Applications built on top of the FANTOM OPERA Chain enjoy instant transactions and near zero transaction costs for all users.
As stated in this document, only 30% of DIP tokens will be available to the public during the token sale. Being a high-performance blockchain, Fantom has set itself the goal of becoming one of the first platforms that will leave behind existing payment and supply chain management systems. The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.
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FANTOM will become the first platform to disrupt the existing infrastructure for payments and supply-chain management.
A funny note.. Fantom; Opera; Story.. Made me laugh. Despite this, we do have some concerns regarding the team’s preparedness for the ICO (or “Token Generating Event” – TGE – as Etherisc calls it). About FANTOM Blockchain technology has provided a way to maintain consensus across all nodes with no central authority.
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On the FANTOM platform, however, previous transactions can be tracked based on the root hash value called Story Root for all transactions.
For example, while Ethereum has limited ability to track past transactions, Fantom solves this problem using the “Data History” function, which allows the user to track all past transactions. FANTOM is the world’s first DAG based Smart Contract platform that solves the scalability issues of existing public distributed ledger technologies. By 2019 Q3, the full Smart Contract platform along with the Mainnet will be launched.
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Fantom has developed a plan to cover its internal target market.
There are 3.55 billion FANTOM tokens. Additionally, The foundation’s top sales team will promote FANTOM to retailers and street vendors whose current transaction fees cost up to 5% of each sale. The consortium named FANTOM announced on Tuesday that they have plans to set up a foundation in Hong Kong for the purpose of crowdsale.
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FANTOM is the world’s first DAG based Smart Contract platform that solves the scalability issues of existing public distributed ledger technology.
The FANTOM platform adopts an inflationary model to expand the ecosystem. Atonomi (USA) https://atonomi.io The Atonomi Project is an infrastructure security protocol that allows billions of IoT devices to have reliable interoperability both in trading and data operations. A key innovation included in the Atonomi protocol is the system of device identification and reputation within an immutable register (ledger-N) based on blockchain. Our experience with DAG-based protocols reinforces our confidence in the future of Fantom. The information made available to the press says that the FANTOM digital currency will be convertible to ACTOR, which can be converted to South Korean won. Despite improved consensus algorithms, current blockchain implementations use nodes that synchronize one block at a time.