Fantom is a high‑performance, proof‑of‑stake blockchain that uses its Opera smart‑contract platform to deliver near‑instant finality (≈1 second) and transaction fees under $0.01 while supporting ~2,000 TPS. It provides developers with extensive tooling, built‑in cross‑chain bridges, and a growing ecosystem of 250+ DeFi, NFT, and GameFi dApps, and allows FTM holders to earn staking rewards for securing the network.
Funding
$10M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Public blockchains often suffer from high transaction fees, slow confirmation times, and limited scalability, which hinder the development of user-friendly decentralized applications and restrict mass adoption.
Solution
Fantom offers a high-performance, asynchronous blockchain platform called Opera that delivers near-instant finality (≈1 second) and transaction costs below $0.01. Its architecture supports up to ~2,000 transactions per second without relying on additional layer‑2 solutions, enabling dApps to operate with Web2‑like responsiveness while preserving decentralization. The network is secured by a proof‑of‑stake consensus, allowing token holders to earn staking rewards by locking FTM, which also aligns incentives for validators. Fantom provides extensive developer tooling, bridge integrations, and a growing ecosystem of over 250 DeFi, NFT, and GameFi applications, facilitating rapid deployment and cross‑chain asset movement.
Target Audience
Fantom primarily serves blockchain developers building DeFi, NFT, and GameFi applications, as well as users and enterprises seeking fast, low‑cost, and secure decentralized services.
Features
- Asynchronous consensus delivering ~1 second finality and ~2,000 TPS throughput
- Ultra‑low transaction fees averaging less than $0.01 per operation
- Proof‑of‑stake security model with staking rewards for FTM holders
- Built‑in bridge support (e.g., LayerZero, Squid Router) for seamless asset transfers
- Comprehensive developer suite including docs, dev tools, and node setup guides
- Native smart‑contract platform (Opera) optimized for scalability and storage
- Ecosystem marketplace with 250+ active DeFi, NFT, and GameFi dApps