There are over 50 MILLION monthly Web3 users.
Most of you don’t know what could be the ULTIMATE Layer 1 solution.
Here are 5 reasons why Fantom (@FantomFDN) will become the powerhouse of Web3.
Most of you don’t know what could be the ULTIMATE Layer 1 solution.
Here are 5 reasons why Fantom (@FantomFDN) will become the powerhouse of Web3.
In this thread I’m going to cover:
- Fantom finances
- dApp Gas Montenisation Program
- Gitcoin deployed
- Fantom Virtual Machine update
- Andre Cronje return
- Fantom finances
- dApp Gas Montenisation Program
- Gitcoin deployed
- Fantom Virtual Machine update
- Andre Cronje return
1: Fantom finances
Fantom are going NO WHERE.
- $110 million in $FTM
- $100 million in stable coins
- $100 million in crypto assets
⁃ $50 million in non-crypto assets
A salary burn-rate of $7 million a year.
Fantom are going NO WHERE.
- $110 million in $FTM
- $100 million in stable coins
- $100 million in crypto assets
⁃ $50 million in non-crypto assets
A salary burn-rate of $7 million a year.
What does this mean?
This gives the foundation a minimum of a 30-year runway in one of the WORST markets.
It means Fantom stays uber-competitive as a cutting-edge blockchain company that has the cash to deliver technological advancement and incentivise where they see fit.
This gives the foundation a minimum of a 30-year runway in one of the WORST markets.
It means Fantom stays uber-competitive as a cutting-edge blockchain company that has the cash to deliver technological advancement and incentivise where they see fit.
Building on the Fantom blockchain and having a business here now feels secure with this transparency.
This allows users and builders to see the long-term vision of Fantom and see the thoughts and reasoning behind previous decisions!
This allows users and builders to see the long-term vision of Fantom and see the thoughts and reasoning behind previous decisions!
2: dApp Gas Monetisation Program
A push towards sustainable monetisation for builders.
Fantom want to pay 15% of the gas fees that a protocol generates back to them, this would create a steady stream of income for dApps that generate a lot of transactions.
A push towards sustainable monetisation for builders.
Fantom want to pay 15% of the gas fees that a protocol generates back to them, this would create a steady stream of income for dApps that generate a lot of transactions.
What does this mean?
Similar to how YouTube/Twitch content creators are incentivised to create the best content to achieve the most amount of views for advert revenue share.
We can see the best dApps build on Fantom to earn sustainable, incentivised revenue.
Similar to how YouTube/Twitch content creators are incentivised to create the best content to achieve the most amount of views for advert revenue share.
We can see the best dApps build on Fantom to earn sustainable, incentivised revenue.
3: Gitcoin grants
We are now seeing the initial grants get approved in Fantoms first round of Gitcoin incentives.
This allows builders to gain funding through democratic community votes.
Fantom can incentivise in a smart fashion and will not waste their incentives.
We are now seeing the initial grants get approved in Fantoms first round of Gitcoin incentives.
This allows builders to gain funding through democratic community votes.
Fantom can incentivise in a smart fashion and will not waste their incentives.
What does this mean?
This means there will be greater support for builders on Fantom and gives the community the keys to empower their favourite projects/support new projects down the pipeline.
This means there will be greater support for builders on Fantom and gives the community the keys to empower their favourite projects/support new projects down the pipeline.
4: FVM update
The Fantom Virtual Machine.
Fantom is always trying to make upgrades in blockchain technology.
The development here is steadily progressing and they have the worlds best, such as Professor Bernhard Scholz, leading the way.
The Fantom Virtual Machine.
Fantom is always trying to make upgrades in blockchain technology.
The development here is steadily progressing and they have the worlds best, such as Professor Bernhard Scholz, leading the way.
What does this mean?
Fantom can upgrade their blockchain through creating the FVM which will be more scalable, faster and all around more efficient than the EVM (Ethereum Virtual Machine).
Fantom are leading the way on creating cutting edge of blockchain technology.
Fantom can upgrade their blockchain through creating the FVM which will be more scalable, faster and all around more efficient than the EVM (Ethereum Virtual Machine).
Fantom are leading the way on creating cutting edge of blockchain technology.
5: Andre Cronje return
Finally, a rejuvenated serious Andre (@AndreCronjeTech), one of the worlds best developers is something that has been dearly missed by the Fantom community.
We all love the memes as long as it is complimented with the serious Andre we love even more.
Finally, a rejuvenated serious Andre (@AndreCronjeTech), one of the worlds best developers is something that has been dearly missed by the Fantom community.
We all love the memes as long as it is complimented with the serious Andre we love even more.
What does this mean?
It means there is a feel good factor among the Fantom community again.
Andre Cronje is rightly reknown as one of the best developers in DeFi. The DeFi Architecht.
It is great news for Fantom.
It means there is a feel good factor among the Fantom community again.
Andre Cronje is rightly reknown as one of the best developers in DeFi. The DeFi Architecht.
It is great news for Fantom.
6: Summary
Lots of positive news for the Fantom community.
Now Fantom has guaranteed their survival they can now focus on becoming the go to Layer 1 solution.
Fantom are setting themselves up to be a powerhouse for whatever is next in store for cryptocurrency.
Lots of positive news for the Fantom community.
Now Fantom has guaranteed their survival they can now focus on becoming the go to Layer 1 solution.
Fantom are setting themselves up to be a powerhouse for whatever is next in store for cryptocurrency.
Now I’ve gathered your attention whilst you were scrolling through Twitter, please listen closely 🙏:
If you found value in this thread then please:
- retweet, like, or even reply x
If you want to sail to financial freedom then please:
- follow me, your favourite pirate x
If you found value in this thread then please:
- retweet, like, or even reply x
If you want to sail to financial freedom then please:
- follow me, your favourite pirate x
CCing the Fantom fam that might enjoy this thread 🫂:
@NickDrakon
@crypto_klay
@rektdiomedes
@blockbytescom
@juanaxyz00
@ftm_ecologist
@fantom_daily
@Tweak896
@Deg3ntrades
@NickDrakon
@crypto_klay
@rektdiomedes
@blockbytescom
@juanaxyz00
@ftm_ecologist
@fantom_daily
@Tweak896
@Deg3ntrades
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