Fuse FUSE Price

What is Fuse (FUSE)?

Fuse Network, launched in September 2019, stands as a prominent Layer-1 (L1) EVM-compatible public blockchain, offering a powerful platform for entrepreneurs and organizations venturing into Web3 applications and crypto payments integration. For those seeking to invest in Fuse tokens (FUSE), several centralized crypto exchanges, including Gate.io, BingX, and HTX, provide a gateway into the growing Fuse ecosystem.

Fuse Network Features:

Fuse Network, fully compatible with Ethereum, allows seamless deployment of smart contracts from Ethereum onto its blockchain. The decentralized Proof of Stake (dPoS) consensus mechanism, supported by a diverse set of independent validators, ensures security and efficient governance. Validators play a crucial role in adopting network protocol changes through Fuse Improvement Proposals (FIPs).

The native token, FUSE, fuels the network by facilitating gas payments, akin to Ether on Ethereum. With an average block interval of 5 seconds and a transaction fee lower than 0.005 FUSE, Fuse Network offers a fast and cost-effective alternative for entrepreneurs. Following a recent block gas limit increase to 20 million, the network can process around 180 native token transfers per second.

Funds and Backers:

ZBS CAPITA and Tectona are among the notable funds and backers supporting Fuse Network's vision. Their backing underscores the confidence in Fuse's potential to revolutionize digital businesses and community operations.

The Vision of Fuse Network:

Fuse Network operates as a network of communities, driven by individuals and small to medium-sized businesses (SMBs). The goal is to reduce barriers for entrepreneurs looking to establish and operate digital businesses, offering a cost-effective alternative to cloud computing. Fuse empowers users with smart contract architecture and open-source tools, minimizing the high costs associated with launching and maintaining online communities.

FUSE Token:

The FUSE token serves as the lifeblood of the network and its decentralized applications. Publicly traded on decentralized exchanges like Uniswap, FUSE aims to be a fast, decentralized, and economical solution for digital payments. Users can delegate tokens to validators, contributing to the chain's security and earning passive income.

The Three Pillars of Fuse Platform:

Fuse Network Blockchain: The essential EVM-compatible blockchain acts as the decentralized backbone, supporting the token platform and ecosystem.

Mobile-centric Open-source Technology Stack: This includes Fuse Wallet technology and Fuse Studio backend, providing a user-friendly platform for token payments.

Decentralized Finance Products: Fuse envisions the initial adoption of decentralized finance products, paving the way for the platform's widespread use.

Founder and CEO:

Mark Smargon, the CEO and founder of Fuse Network, has been instrumental in shaping the platform since its inception in 2019.

In conclusion, Fuse Network emerges as a decentralized force driving mass adoption of crypto payments and decentralized finance. By providing mobile-first tools and a robust ecosystem, Fuse strives to bring the benefits of blockchain technology to communities worldwide, making crypto payments and DeFi accessible to all. As the network continues to evolve, it remains a promising space for both investors and entrepreneurs alike.

What is unique about Fuse (FUSE)?

Fuse Network stands out for providing a decentralized blockchain platform specifically designed to lower barriers for entrepreneurs, offering a cost-effective alternative to cloud computing, streamlined digital payments through the FUSE token, and fostering the mass adoption of crypto expenses and decentralized finance (DeFi).

Who are the founders of Fuse (FUSE)?

The CEO and founder of Fuse Network is Mark Smargon, who launched the platform in 2019 with a vision to empower individuals and small to medium-sized businesses in operating digital communities with ease.

Who are the backers/investors of Fuse (FUSE)?

Fuse Network has garnered support from notable backers and investors, including ZBS CAPITA and Tectona, who have contributed to the platform's growth and development.

What is the consensus mechanism of Fuse (FUSE)?

Fuse Network utilizes a delegated Proof of Stake (dPoS) consensus mechanism secured by independent validators. These validators, including the Fuse Foundation, are responsible for both achieving consensus and governing the network through the adoption of Fuse Improvement Proposals (FIPs).

Where can I buy Fuse (FUSE)?

You can buy Fuse (FUSE) on Bitget, MEXC, Gate.io, HTX, AscendEX (BitMax) cryptocurrency exchanges.