Fasttoken (FTN) offers dual utility across ecosystems, discounts, and native coin status on Fastex Chain. More
| Fully Diluted Valuation | $3.94B |
|---|---|
| 24H Trading Volume | $58.88M |
| 24H Low / High | $4.52 / $ 4.55 |
| Circulating Supply | 431.83 M |
| Total Supply | 870.74 M |
| Max Supply | 1.00 B |
| Categories | Smart Contract Platform 6 more |
|---|---|
| Founder | Vigen Badalyan |
| Website | bahamut.io Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 3 more |
| Explorer | Etherscan 7 more |
| Contracts |
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3 more
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| Name | Pair | OG Score |
|---|
Fasttoken is a utility token that plays a central role in the SoftConstruct ecosystem, a prominent IT company boasting over 7000 employees, 1000 partners, and one million active users. FTN is also integral to the Fastex ecosystem, which includes the Fastex Exchange, ftNFT marketplace, First Ticket blockchain-based Raffle game, Fastex Chain blockchain, Fastex payments, and FastexVerse metaverse. Initially launched as an ERC-20 token, FTN is used for discounts within these ecosystems, with plans to become the native coin of the Fastex Chain EVM-blockchain, enabling staking and block validation rewards.
FTN in Bahamut Blockchain
FTN is also the native currency of Bahamut blockchain, a public EVM-based layer 1 solution with a unique consensus mechanism called Proof of Stake and Activity (PoSA). Bahamut aims to revolutionize how block rewards are distributed among network participants by considering the activity parameter, represented by the gas used by a validator's smart contract. This parameter influences the chances of becoming a block proposer and earning rewards. Bahamut currently boasts over 4200 validators, 600,000 transactions, and 200,000 FTN holders.
Traction and TVL
Fasttoken's reach extends beyond its ecosystems, with over 15 million daily trading volume and close to 40 million FTN locked via Bahamut blockchain's staking smart contract and liquid staking DApps. The Bahamut Grants Program, with a 10 million FTN fund, aims to drive the development of web3 and decentralized applications while enhancing Bahamut's infrastructure. The FTN community is robust, with over 50,000 members globally and active use in over 300 websites worldwide.
Fasttoken (FTN) is a key player in the evolving landscape of blockchain and cryptocurrency, offering utility and innovative solutions within its ecosystems and contributing to the broader development of decentralized applications and infrastructure.
Fasttoken (FTN) stands out for its dual utility across the SoftConstruct and Fastex ecosystems, offering discounts and becoming the native coin of the Fastex Chain EVM-blockchain. Additionally, FTN serves as the native currency for Bahamut blockchain, utilizing the innovative Proof of Stake and Activity (PoSA) consensus mechanism to distribute block rewards based on activity.
Fasttoken (FTN) was founded by Vigen Badalyan, and it is a utility token within the SoftConstruct ecosystem, a leading IT company with a vast user base and numerous partnerships.
Fasttoken (FTN) has garnered support from a diverse group of investors and backers who see potential in its utility within the SoftConstruct and Fastex ecosystems, as well as its role as the native currency of Bahamut blockchain.
