/biz/ - Business & Finance

>people stake => staking reward drops, supply decrease

>supply decrease => price increase

> price increase => staking reward increase

>staking reward increase => people stake

Been through multiple cycles. I want to share some thoughts on a project that I believe has the components of a massive winner: Fantom

Do you foresee Ethereum rising to a 100B Market Cap again? (a 4x) Do you envision DeFi and smart contract projects leading the next bullrun?

What about a project that challenges Ethereum at its most core functionality and offering: to be a fast, affordable, scalable platform of trust? A project that could technically replace Ethereum by utilizing the same address system and allowing any Solidity dapp to be ported in less than five minutes.

Because, while Ethereum uses Layer 2 solutions to address bottlenecks, Fantom uses their aBFT *Layer 1* consensus (Lachesis) with ***sub-second finality***. Lachesis works UNDER Fantom's Opera, Xar, and other blockchain mainnets, *meaning it can be further improved and upgraded over time, SEPARATE from all the complex coding at the blockchain level*. And Fantom blockchains have been running on Lachesis since last year and work incredibly well.

(Read their many academically-partnered research papers: https://fantom.foundation/fantom-research-papers/))

Try it yourself at http://supercharge.fantom.rocks

Send 50 confirmed transactions with one click.

Watch how fast it goes. Then realize those transactions are your:
- Solidity dapp's important functions being executed,
- your digital currency payments,
- or the trusted, real-time state of an autonomous car network carrying you through a congested city.

Could a project that has this combination of compatibility, capability, and possibility get to a 1 billion market cap or more? (Just 1% of Ethereum's likely 100B) I don't know, but if so, *that's a 66x from today's price*.

Fantom ALSO has a suite of DeFi tools going live soon. (fanton.finance)

There's much more at fantom.foundation

There are other great projects, but nothing has me more excited than Fantom right now

The next 100x

What does this thing even do

Don’t buy this

FANTOM HAS THE BEST TOKENOMICS IN ALL OF CRYPTO

Being able to deploy PRIVATE, PERMISSIONED networks, with a PUBLICLY traded coin, does several things:

1. Works with the existing banking system not against it by facilitating deployment of a FIAT currency
2. Allows fiat coin networks to be open source and prepare for smart contract adoption/API crypto economy
3. Outsources the internal database management banks have to do and makes it more secure
4. Anyone can use the payment system so long as they buy fantom, but all transactions are still publicly traceable by the banks, resulting in lower overhead for public adoption of the system while still keeping it accountable to illicit usage
5. The network pays for itself, making a more transparent market in the fees validators charge to users of the network
6. Encourages banks to set price floors on fantom to secure the network
7. Since it’s permissioned with latest tech it scales infinitely and securely so it will be actually USED for day to day transactions
8.This is all only ONE usecase, stablecoins, which will result in strong network effects for others to adopt Lachesis technology for other permissioned networks, such as smart contract networks and smart cities, all scaling independently

I’m never selling

Better than chainlink

I’m getting AntShares vibes

LET THE FOMO BEGIN

What does this coin do?

So this is like ethereum but under 20m marketcap?

Ok so I’ve done like 10 hours of research on this today and it looks kinda based desu

Don’t know why some stupid indian is posting copypasta hate threads. Fuck pajeets why do you wipe your ass with your hand in 2000+20

Why does biz hate on this so much it looks pretty good

Why does everyone fud this it seems pretty good

Fantom

Fantom is the next Ethereum

Staking is comfy btw fuck india