We're excited to announce our partnership with Alchemy 🎉 Alchemy will serve as a key launch partner for #Sonic and offers the following on Opera immediately and Sonic when it launches: ⚙️ Robust blockchain infrastructure and expertise for developers 🌐 Access to public and private RPC endpoints 💵 Up to $5k credits for Enterprise customers on Sonic and further credit programs Alchemy’s involvement ensures first-class support for Opera and its community and positions Sonic for a successful launch and long-term growth in the blockchain space when it officially integrates with that network upon launch! Read the full announcement below. 🔗 https://lnkd.in/ehXF4FCF
Fantom Foundation
IT Services and IT Consulting
George Town, Cayman Islands 8,832 followers
Fantom is a fast and scalable next-gen Layer-1 platform.
About us
Fantom is a decentralized, open-source, smart contract platform that aims to provide fast, secure, and scalable infrastructure for decentralized applications (dApps). Through its proof-of-stake, aBFT consensus protocol, Lachesis, Fantom attempts to solve the blockchain trilemma, which is a tradeoff between decentralization, security, and scalability that many networks face. Fantom sets itself apart from other smart contract platforms by prioritizing the improvement of the underlying distributed ledger's performance. This approach avoids network segmentation, ensuring that security is not traded for performance. Learn more about Fantom by visiting our website below, and by following us on Twitter @fantomfdn.
- Website
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http://www.fantom.foundation/
External link for Fantom Foundation
- Industry
- IT Services and IT Consulting
- Company size
- 11-50 employees
- Headquarters
- George Town, Cayman Islands
- Type
- Nonprofit
- Founded
- 2018
Locations
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Primary
36A Dr Roy's Drive
P.O Box 2510
George Town, Cayman Islands KY1-1104, KY
Employees at Fantom Foundation
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Fabio Barone
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Eli Bernstein
General Counsel @ Fantom Foundation | Fintech & Crypto Lawyer
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Joel Jabalera -
Executive Chairman & Co-Founder at Stakely.io. Building the next social conventions for the real next intellectual wave.
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jeremi lepetit
Co-founder & Co-CEO @retreeb - Blockchain - Fintech - web3 Investor - Sustainable finance
Updates
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💸 Announcing: Sonic Labs Innovator Fund We're excited to announce that we're committing up to 200,000,000 FTM to accelerate partner migration for the launch of the new, ultra-fast #Sonic network. At the time of writing, that is worth over USD 100,000,000! 💰 Funding from the Sonic Labs Innovator Fund is currently being used to secure the best provision partners for the Sonic network, ensuring our builders have the tools and capabilities to thrive within today’s ever-challenging marketplace. We’re actively engaging with: 📱 Dozens of dApps across the industry 🏗️ Top-tier infrastructure providers 🛠️ On-chain tooling and compliance experts 🪙 Native assets and bridge integration specialists 💳 Wallet and index developers 🌟 Strategic Web2 partnerships ➕ And more This substantial allocation of up to 200,000,000 FTM underscores our dedication to building a robust and dynamic platform and community 🤝 Sonic’s ambition is nothing less than reinventing the future state of #blockchain, empowering visionary creators of today to develop the decentralized applications of tomorrow, and enabling our community to actively co-create a vibrant, global cooperative ecosystem. Learn more 👇 https://lnkd.in/ezuEebYy
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Thank you to Nalin Mittal from Google Cloud for joining Michael Kong on stage at #Consensus2024 to discuss our upcoming #Sonic chain and partnership! 🤝 Our strategic partnership with Google Cloud will launch a series of initiatives incentivizing and empowering developers to build the next generation of dApps on Fantom. Learn more here 👇 https://lnkd.in/eRV42mdZ
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🥳 We're thrilled to share that our Opera chain is officially upgraded! Our new, innovative technology enables the chain to achieve: ⚡ 2,000 TPS — realistic traffic 🔄 4,000 TPS — token swaps 💸 10,000 TPS — token transfers ⏱️ 1-second finality With this upgrade, Opera can process over 180 million daily transactions with sub-second confirmation times. Furthermore, we've decreased storage requirements for validator nodes by 66% and reduced operational costs for archive nodes by 95%! As transaction volume increases, we’ll be undertaking additional testing and data collection on the network’s improved performance, to provide updates on the chain’s capabilities in practice. The upgraded Opera chain represents a new era of #blockchain innovation, and we're committed to ensuring our users and partners benefit from our cutting-edge technology. Learn more 👇 https://lnkd.in/egHsv-AX
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📢 We're excited to announce our strategic partnership with Google Cloud! Our partnership will launch a series of initiatives incentivizing and empowering developers to build the next generation of #dApps on our network. #Fantom will use Google Cloud’s secure, scalable, and resilient infrastructure as well as its #AI capabilities to help developers on our network build smarter, safer products that engage users in more meaningful ways. 👀 Plus, Google Cloud will run a validator on our Opera chain and intends to migrate this validator to the new Sonic chain! Learn more 👇 https://lnkd.in/eRV42mdZ
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🚀 #Sonic is on the launch pad, and we're excited to provide more details about our upcoming Sonic chain, S token, and launch of a new strategic funding round. CEO Michael Kong's latest blog post sheds more light on the new Sonic organization, slate of innovative new partners, and building of a bold, community-centric brand: ⛓️ Sonic New layer-1 chain with a native layer-2 bridge connected to #Ethereum. 🏛️ Sonic Foundation New business entity responsible for our networks’ governance and treasury management functions. 🌱 Sonic Labs New business entity responsible for driving growth among #dApps, partnerships, and users. While our Opera chain is being upgraded with “Sonic tech”, we'll no longer use the name “Sonic” to refer to our tech stack, which will now exclusively refer to our new chain. The launch of our innovative #blockchain technology is just the beginning. Stay tuned for updates on audience engagement programs, new partnerships, and details on our technology, tokenomics, brand, and strategy! Read the full article here 👇 https://lnkd.in/dmyQZPdN
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🏆 Introducing the Meme Season competition, with up to 10 million sFTMx up for grabs! As a dynamic and engaging competition designed to cast a spotlight on the top #memecoins in the #Fantom ecosystem, it invites memecoins and their holders to come together as a community to compete for the top spot. 📅 Round 1: June 1–30 💰 Prize: Up to 1 million sFTMx Learn more 👇 https://lnkd.in/eJmkD63C
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Since 2019, #Fantom has been pushing boundaries in blockchain technology. 👾 As we roll out the upgrade of our Opera chain, we celebrate the hundreds of innovative projects that have made the network into a bustling decentralized arcade. This video is an ode to them.
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Fantom will be at #Consensus2024 in Austin, Texas! 🎤 Catch our CEO Michael Kong on May 31 at 1:00 PM on the Spotlight Stage for a keynote about the future of #Fantom and beyond. 🍻 To kick off the excitement, we're hosting a Fantom Vibe event two days prior with local beers and stunning BBQ, on May 29, 6–10 PM! It's the perfect chance to meet and mingle with the Fantom team before our keynote. Click here for tickets: https://lu.ma/7ce6ivl5
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🖥️ Introducing our Opera Upgrade Dashboard! Starting today, validators on our Opera network are upgrading their nodes to be powered by our innovative Sonic technology, which will enable the network to achieve speeds of up to 2,000 transactions per second at sub-second finality. The chain will be considered upgraded once over two-thirds of its staking power has transitioned to the new technology, a process you can learn about and track in real-time with our new dashboard 👇 https://lnkd.in/eAEsGx2f (P.S. We’re keeping the name Opera to refer to this chain. However, once the network upgrades, it'll be powered by the new Sonic technology we've showcased for the past six months.)
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