Fantom Foundation

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
http://www.fantom.foundation/
Industry
IT Services and IT Consulting
Company size
11-50 employees
Headquarters
George Town, Cayman Islands
Type
Nonprofit
Founded
2018

Locations

  • Primary

    36A Dr Roy's Drive

    P.O Box 2510

    George Town, Cayman Islands KY1-1104, KY

    Get directions

Employees at Fantom Foundation

Updates

  • View organization page for Fantom Foundation, graphic

    8,832 followers

    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

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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    💸 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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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    🥳 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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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    📢 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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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    🚀 #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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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    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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  • View organization page for Fantom Foundation, graphic

    8,832 followers

    🖥️ 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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