Fantom is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
Fantom (FTM) is a decentralized and scalable platform that plans to overcome the limitations of (current) blockchain networks. The Fantom (FTM) token holders can stake their holdings and earn staking rewards from the Fantom network.
The FTM platform is decentralized, scalable, permissionless and open-source which provides it an advantage over major blockchains.
A unique element of Fantom is that its network is completely independent, which means that one area's performance of traffic congestion does not have any effect on other parts of the network. This high level of scalability offered by Fantom (FTM) provides every application with its personalized (independent) blockchain with custom governance rules, tokens and tokenomics.
Unlike Ethereum, which represents a single decentralized machine, Fantom is made up of an uncountable number of decentralized systems which interact with each other, despite working independently in their specific zones.