Thread by @fantom_daily

Top Reasons Fantom Opera is Tremendously Undervalued

@FantomFDN Ecosystem will be in the top 10 because of all its achievements in 2021. Why? Let's dig deeper into the data below to comprehend it.

#FTM $FTM

@FantomFDN 1. Market Insight
Ecosystems are gradually expanding; more problems like transaction speed, gas fees, decentralized levels, and security. That's why Fantom Opera was born to solve all of the above issues. To evaluate more about Fantom, what more criteria do we need to consider?

@FantomFDN 1.1/ What factors do we need to evaluate on an excellent Blockchain Platform? With Fantom Daily, we assess according to Team & Backers, Technology, Data & Ecosystem Overview criteria. Let's have a deeper understanding through the Threads below.

@FantomFDN 2. Team & Backers
2.1/ CEO Michael Kong - has been involved in the Blockchain since 2015 and co-founder of a blockchain project in 2016. After that, he held various positions in blockchain companies such as CTO, Director, Developer, Advisor, and CEO of @FantomFDN since 2018.

@FantomFDN 2.2/ Andre Cronje - Defi Architect - is one of the Most Influential 2021. Cronje is a prolific coder, and he is best known for creating Yearn Finance and Keep3rV1; his participation in other high-profile Defi projects, including Hegic, Cover, PowerPool, Cream V2, Sushiswap, etc.

@FantomFDN 2.3/ Fantom's Backers include Famous VCs like Alameda Research, Arrington XRP Capital, Hyperchain Capital, & Signum Capital. These are the VCs that all blockchain projects want, with Total Fund Raising totaling $90M from 2018 to 2021

@FantomFDN 2.4/ Some projects have investment funds similar to Fantom, such as Polkadot, Terra, Near Protocol, and Cosmos. Although total raising funds are different, I think each blockchain has its potentials

@FantomFDN 2.5/ We can see that Fantom Foundation's expertise and resources are long-term and strategic through the above information. The fact that they established Fantom Foundation during the bear market period proves how capable the team is with the vision and efforts of the project.

@FantomFDN 2.6/ In my personal opinion, Michael Kong is a young CEO with a long and comprehensive vision with blockchain technology combined with Andre Cronje. Since then, Fantom has promised to bring many Defi products and take the lead in new potential areas like Metaverse and GameFi.

@FantomFDN 3. Technology
Fantom Team is committed to providing technology that combines scalability, decentralization, and security. In detail, Fantom’s consensus is fully compatible with the Cosmos SDK and the EVM to allow anyone to use it in a network that best fits their needs.

@FantomFDN 3.1/ Fantom is secured by Proof-of-Stake. Unlike Proof-of-Work, used by Bitcoin and Ethereum, Proof-of-Stake prevents centralization and saves electricity. It offers absolute finality that transactions can never be reverted like in networks with probabilistic finality.

@FantomFDN 3.2/ Why is Fantom Fast? It is about Time To Finality - the underlying Lachesis aBFT consensus mechanism. If Bitcoin TTF is 60 minutes, Ethereum is 6 Minutes, and then Fantom is about 1 second which is equal to Solana or Avalanche.

https://twitter.com/FantomFDN/status/1465751057724809224

@FantomFDN 3.3/ Is Fantom one of the cheapest blockchain? It is still about Lachesis, its revolutionary aBFT consensus mechanism, which allows Fantom to be much faster and more affordable than older technologies, highly secure.

@FantomFDN 3.4/ We can compare average fees between blockchains: Ethereum is $3.84, Avalanche is $0.032, Binance Smart Chain is $0.27, Polkadot is $0.35, Cardano is $0.20, and Fantom is $0.0013 on reports.
coinexams.com

@FantomFDN 3.5/ Recently, we got information that Polygon was attacked, Solana got interrupted, and so on. Fantom uses Asynchronous Byzantine Fault Tolerance (aBFT). According to two of the following three components are possible at the same time: Decentralization, Security, Scalability

@FantomFDN 3.6/ In an aBFT network, nodes can reach consensus independently conveys this information, and they don’t need to exchange finalized blocks. For this reason, aBFT consensus mechanisms are completely leaderless, increasing security: there is no round-robin and no Proof-of-Work.

@FantomFDN 3.7/ How is Fantom Scalable? Let's find out about Asynchronous Byzantine Fault Tolerance (aBFT), the highest standard of consensus algorithms. It solves the blockchain Scalability Trilemma. An aBFT consensus allows maximum decentralization, scalability, and bank-grade security.

@FantomFDN 3.8/ Finally, aBFT networks allow for greater scalability and decentralization since there isn’t excessive communication to limit the number of participating nodes.

@FantomFDN 3.9/ In my opinion, If we compare the basic technology of Fantom with other blockchains, Fantom is included decentralization and security from Ethereum, fast and cheap transactions from Solana, and the lowest impact on the Earth from Fantom's technology

https://twitter.com/fantom_daily/status/1467303150059069443

@FantomFDN 4. Data - Numbers do not lie
Let's have a look at the Market Cap between Blockchains #Fantom is $𝟓.𝟗𝐁, #Cosmos is $𝟖.𝟕𝐁, #Solana is $𝟓𝟑𝐁, #Avax is $𝟐𝟕𝐁, and #Cardano is $𝟒𝟓𝐁. We easily know that Fantom is the lowest market cap among Top Blockchains

@FantomFDN 4.1/ Twitter Volume - Top Token Platforms The Most Mentioned on Twitter Daily

@FantomFDN 4.2/ Market Cap/Total Value Locked Comparison

@FantomFDN 4.3/ Daily Volume Trading Between Blockchains

@FantomFDN 4.4/ Have a look at another index, Fantom Opera Comparison
• More daily transactions than $ADA
• More DApps than Solana
• More social followers than Terra

@FantomFDN 4.5/ In addition, Fantom Foundation has an incentive program of around $370M. It is not the primary purpose for the explosion, but it will keep Fantom Ecosystem more diverse and vaster.

@FantomFDN 4.6/ In Conclusion, All the number above shows that Fantom will get a higher position in Top Blockchain Market Cap, May Fantom Opera be Top 10? We do not know; things happen incredibly fast in Blockchain & CryptoCurrency Market.

@FantomFDN 5. Fantom Ecosystem
Fantom Ecosystem is over 200+ projects now, and it is just the beginning. If we look back at Jan 2021, the Ecosystem is just some protocols, and now it is over 200+ projects. Imagine how vast it is in 2022-2025.

@FantomFDN 5.1/ Compared to Cardano, Near Protocol, Avalanche & Terra, the protocol numbers of Fantom is impressive. Look like Fantom Foundation attracted the Developer Community successfully, and it also showed how friendly Fantom Opera is for new Dapps & Developers

@FantomFDN 5.2/ If we compare the protocol numbers on DeFiLlama between blockchains, Fantom is 5th with 110 protocols, Ethereum is 393, BSC is 271, Solana is 48, Avalanche is 132, and Polygon is 162.

@FantomFDN 5.3/ Although Fantom Foundation did not focus on Marketing, they still attracted many projects with hundreds of million Total Value Locked, such as @MultichainOrg , @SpookySwap , @tombfinance , @GeistFinance , @Screamdotsh , @Spirit_Swap , etc.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap 5.4/ As we can see, Yield Dashboard in Fantom Opera is potential and diverse with the Top 10 biggest TVL
@tombfinance , @iearnfinance , @beefyfinance , @Reaper_Farm , @TarotFinance , @LiquidDriver , @CreamdotFinance , @robo_vault , etc.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault 5.5/ Besides, Lending & Borrowing in Fantom Ecosystem is also advanced enough to control money flow and manage it efficiently. Have a look at Lending & Borrowing Status below here. @GeistFinance @Screamdotsh @ola_finance @QiDaoProtocol @MIM_Spell @CreamdotFinance @HundredFinance

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance 5.6/ Recently, DAO & Rebase Tokens are places that attracted smart money to Fantom, such as @HectorDAO_HEC , @Spartacus_Fi , @FantohmDAO , @EXODIAFinance , and @SecureDao .

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao 5.7/ The total numbers of NFT projects in Fantom are around 80+; There are some impressive NFT Collectibles such as @worldofumans , @portalheads , @pod_town , @8bit_metaverse , and @FakewormsStudio . NFT marketplaces are @CoinZoo , @paint_swap , @ovre_io , @ArtionRoom & @NFTKEY

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 5.8/ As far as I know, Fantom Ecosystem has not pushed yet in Insurance, Storage, Asset Management, Gaming & Metaverse. Therefore, I think Fantom Opera will extend and partner to many potential projects in the future. The total projects in the ecosystem could be 500+ in 2022-2023

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6. Point Of Views
In my opinion, I believe in Micheal Kong & Andre Cronje's visions because of their background and what they have done before. In addition, VCs of Fantom are one of the biggest guys in the VCs market, and they will know how to support Fantom when the timing comes

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6.2/ The Fantom team has a slogan that "We focus on Technology, People will come," which means the team wants to push all resources to technology and products. When products are completed perfectly, people will come to partnership, invest and be end-user of Fantom

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6.3/ And if we compare Market Cap, Total Value Locked, and Potential of Fantom in the future with others blockchains, we can see Fantom could play an essential role in supporting Ethereum for scalability and fee transactions. That's the reason Fantom could thrive more and more.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6.4/ In the future, when blockchains will become bigger, problems such as Traffic, Time to Finality, Transaction Fee & Cross-chain. As Fantom Opera vision, it could be solutions for those problems with Lachesis aBFT - The Technology is only working on Fantom Opera.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6.6/ However, Fantom Opera has some problems that need to be improved about the technology of BFT because Fantom Opera can only work well as long as the number of malicious nodes is less than one-third of the total. Compared to other blockchains, this number is 51% on Ethereum.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 6.7/ Fantom Opera is currently secured because the nodes in Fantom are not as many as Ethereum, Binance, Solana, and Avalanche, which means Fantom Opera may get attacked in the future when it reaches the limit of security.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 7. Disclaimer
Despite all the optimistic opinions above, we should also wait for the right time to invest or experience on Fantom Ecosystem. Timing is one of the most necessary factors when we start to invest. So you should consider entry and budget management.

@FantomFDN @MultichainOrg @SpookySwap @tombfinance @GeistFinance @Screamdotsh @Spirit_Swap @iearnfinance @beefyfinance @Reaper_Farm @TarotFinance @LiquidDriver @CreamdotFinance @robo_vault @ola_finance @QiDaoProtocol @MIM_Spell @HundredFinance @HectorDAO_HEC @Spartacus_Fi @FantohmDAO @EXODIAFinance @SecureDao @worldofumans @portalheads @pod_town @8bit_metaverse @FakewormsStudio @CoinZoo @paint_swap @ovre_io @ArtionRoom @NFTKEY 7.2/ Besides, we can not make sure anything in the future; may the Fantom team have any technology, opinions, and finance issues. It happened to old blockchains such as EOS, TRON, etc. We should safely have investment methods with our own budgets.