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Bangladesh
1 Level
1075 Review
2891.25 Karma

Review on Fantom by Robiul Islam

Revainrating 4 out of 5

Combining DAG technology with Smart Contracts.

The platform being used across a wide variety of sectors, including public utilities, smart home systems, healthcare, education, traffic management, resource management, and environmental sustainability projects.

It is speedily becoming a crowd favorite and for good reason, the speed of Nano and the smart contract capabilities of Ethereum combined into one project is a no-brainer for anyone looking to invest in great technology. Although my concerns about the IoT space are still being viewed in general as it is still such a new field of crypto, it is definitely something that needs to be explored.

Team & Advisory Board.
Huge talent and experience behind It having extensive blockchain experience and other experience in financial institutions, everything looks perfect.

I believe FTM presents both an excellent short- and long-term investment. The team as been actively working on new partnerships which will lead to new use cases in the future. I am fascinated not only by the current state of the Fantom, but also by the journey so far.



Pros
  • It combines the best features of many unique projects and utilizes those features to build a awesome platform. With a focus on IoT, it’s clear that this project knows accurately where this technology can be best implemented.
  • Transaction fees are less than 0.01 USD from one wallet to another.
  • For those looking to add token to their portfolio, they can get the passive rewards that come with securing the network.
  • It has roadmap goals expanding through Q4 2019 into mid 2020 with exciting developments, partnerships and R&D efforts throughout.
  • It has shown an increasingly impressive ability to network their solutions. It's nice to see a project doing well outside Asia on the networking / marketing front, which is often a sticking point for these types of projects.
  • The team behind this project is no joke. Having a wealth of experience with blockchain technology, distributed systems and a host of new age programming systems, it has always impressed on this front.
Cons
  • The concern is that your investment is not just a long-term but an investment in an industry that is currently one way to look at real-world use when disrupted by blockchain technology compared to other industries.
  • While the use of these platforms today goes far beyond what they offer, it is inevitable that the technology we see and use every day is evolving in general.
  • Whitepaper Is short and complicatied and only few pages actually detail how the network works.

Comments (1)

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September 25, 2019
The Fantom platform aims to be the core of smart cities and super fast payments.