/biz/ - Business & Finance

What's the next LINK

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.

IMAGINE NOT KNOWING THAT THE FANTOM TOKEN ECONOMICS ARE FUCKING A+ S TIER AND JUST HAVE TO GO THROUGH SUPPLY SHOCK GIVE IT A YEAR OR TWO AS PEOPLE ACCUMULATE (LOOK AT THE TOP WALLETS) AND THEN WE HAVE THE NEW NEXT ANTSHARES/IOTA/RAIBLOCKS STYLE MOVE IN THE GOLDEN BULL RUN ***2021-23*** HOLY FUCK GET YOUR DUCKS IN A ROW

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

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.

Screencap this see you in 2021

- Layer 1 solution to scalability and speed (Lachesis consensus protocol)
- Academically-researched development (similar to cardano)
- Fantom.finance DeFi platform
- regular github development
- Port Ethereum Solidity contracts in about five minutes
- Same Ethereum addressing system
- Suite of defi tools being released


As Ethereum is strained and begins to show cracks, Fantom provides real solutions.

At 30% (of today's Ethereum MC) , it'd be nearly a 700x.

Even 1% puts it about a 20x.

So many coins did that last run.