/biz/ - Business & Finance

>>22270381
FTM is everything ETH wanted to be, just that it actually scales.

Transaction Finality / TX Confirmation Time:
FANTOM Transactions are confirmed instantly - it only takes 0.7 seconds for a tx to get confirmed. BTC transaction are considered finalized after 30 minutes and ETH transactions after 10 minutes. Fuck that shit. No one is waiting 10 minutes at a retail store to wait for the payment to go through. With FANTOM real-time payments are absolutely no problem. Google "FANTOM PAY" to learn more about Fantom's Payment / Lending service. FANTOM PAY might unironically be the catalyst for mainstream adoption of crypto payments / crypto loans.

NICE FANTOM TECH PRESENTATION BY ANDRE CRONJE: https://www.youtube.com/watch?v=INCA7t-oc7w

2 - The Tokenomics
The tokenomics are amazing, seriously. Total supply is roughly 3.15 billion and a huge part of that will be LOCKED FOR STAKING. This means that the actual circulating supply will be very low. Everyone can stake FTM tokens, staking reward is 15% per year iirc. Try getting that ROI at your local bank kek. If you own about 3.3 million tokens you can run a FTM validator node and even earn more FTM. Everyone who remembers the DASH master node gains, strap the fuck in! This is 10x better, unironically.

3 - The team
The team is extremely talented. A large part of the team holds PhDs in CS from Yonsei University (the Harvard of South Korea), the CEO is an award-winning tech entrepreneur. Not the type of guy that would dump on you just to pay rent.

Doing good work, here's another breadcrumb for those who haven't seen it yet:
https://ai.gov.ae/wp-content/uploads/2020/01/Blockchain_EN_v1-online.pdf

>>22270381
>>22270385
The developers are writing high-quality, secure code 24/7 - check the GitHub. On top of that, FTM is available in Rust, Java and Go. State-of-the-art coding languages that are supported by all devices imaginable. How much more can you ask for? Most coders on the team have PhD’s in Computer Science from the Harvard of South Korea (Yonsei University) as well and Andre Cronje (Cryptobriefing Chief Code Reviewer) is working full-time on FTMs aBFT concensus model. I have been following Andre Cronje for years and absolutely love his work. He is a code autist / genius coder on the level of Vitalik. He finished his 3-4 year CS degree in 5 months. There are less than a handful people on this planet that know more about Blockchain concensus models than Andre. I personally went all In after I learned that he is working full-time on the project.

GITHUB LINK: https://github.com/Fantom-foundation

4- The partnerships
Oracle
PosBank
Danfoss Inc.
Terra Payments
Sikoba Research
Yonsei University
University of Sidney
Several Government Agencies
-- and many more --

SOURCE: https://fantom.foundation/enterprise-alliance

5 - The Mainnet Launch
FTM mainnet launch is imminent. According to the current estimates the mainnet will launch in 5-7 weeks from today (16th April 19). The whole thing is WAY AHEAD of it’s schedule. The original release was planned for Q4 2019, now it’s in Q2. Talking about operational excellence and project management.

>>22270381
>>22270385
>>22270403
Random FUD:

>muh Andre Cronje doesn’t own any FTM tokens.
That's bullish af, he doesnt hold ANY crypto because he isnt in it for the money grab he is a code autist like Vitalik. his goal as a researcher was to find the best aBFT concensus DAG. hint for the brainlets: its FTM. Andre joined FTM as a researcher because he is genuinely interested in the technology. A real leader who doesn’t care about 1000x gains. In fact, he hates moon boys, like Vitalik. They are on the same level. Just watch the FANTOM AMA with him on YouTube and I promise you will market buy immediately.

>muh it’s a DAG. DAGs are scams
Even Bitcoin and Ethereum are DAGs. In fact, ALL blockchains are DAGs by definition. Let Andre Cronje explain it to you in this video: https://www.youtube.com/watch?v=INCA7t-oc7w

>muh it’s an ERC-20
Every fucking crypto in history has been an ERC-20 before the mainnet launch. Look at EOS, they received billions of $ worth of ETH to fund the development of the EOS blockchain. How else would you want to fund a project of the scale of EOS or even FTM??? Tokens are either exchanged 1:1 or burned at mainnet launch. Has happened countless times, no big deal. Examples of projects who have leveraged the ETH ERC20 token ecosystem are EOS, NEO, Cardano (ADA), and Holochain (HOT), just to name a few. It's totally legit, go ask your friends on Plebbit. Taking this ERC-20 stuff out of context to FUD really reeks of desperation. Easiest buy signal of the decade. Unironically bought 100k.

>>22270381
>>22270385
>>22270403
>>22270442
>muh it’s a pajeet pnd / discord pnd
Show me ONE SINGLE screenshot that actually proves that curryniggers are pumping and dumping FTM and I will fill your buy orders ASAP by selling 3.5 million FTM. Actually believing there are Indians on /biz shows how mentally challenged most of you are. Ranjeesh and his friends left after the bullrun of 2017. The only “pajeets” that are left are eurofags/ameritards LARPing as Indians to FUD. You can’t imagine how much money I have made buying “pajeet scams”. It’s the biggest buy signal I know, seriously. Remember my words the next time you read curry FUD, sirs.

>muh it’s a biz pump and dump
>muh thanks for buying my bags biz I was the one who did the pnd and now I am shilling X
imagine being so mentally retarded to believe FTM is only shilled on /biz or some shitcoin pnd flavor of the week. FTM has been the #1 in trade volume for weeks on all exchanges it's listed on. twitter is shilling it 24/7. this feels unironically like ETH. it's pointless to pretend this is a pnd - everyone who doesn't live in the biz echo chamber knows how big FTM is. it's the next big thing and you faggots will not get my bag. Everyone with half a brain bought the bottom below $0.007 anyways. No need to panic. Just hold, don’t be the faggot that sold ETH at $3 for a pathetic 10x. This will unironically reach $0.50+ in the next bull run.

OP you're wating your time here. It's the biz way to buy high and sell low.

Have a 100k of FTM and come back in a year or two is my plan.

>>22270381
>>22270385
>>22270403
>>22270442
>>22270460
>muh look it’s dumping I told you it’s a pnd
The recent correction was solely caused by the recent BTC movement. We would have seen higher highs for sure, if BTC had not mooned above 5k. If BTC goes up, altcoins bleed. Simple as that. How new are you??? ETH has seen similar dumps before it started to moon violently. Week hands get shaken out, that’s how it is and always will be. Don’t be that fag.

Besides that, it's very common for early moonshots to dump. Whales are playing with the newfags to accumulate more. Once they are happy and doubled their stack, all fake sell walls are pulled, the wash trading ("panic sellers") stops and you'll see one GIANT GREEN DILDO and the moon mission continues. Seen it a million times. If you sell now or sold already thinking to buy back, think again cause you will almost certainly miss the perfect entry and FOMO in at a much higher price. Whales aren't predictable. Just keep your moonbag and chill.

>muh I am not FUDDING I am just here to help you sell
Where's your buy order son? if you really thought FTM was shit, you wouldn't waste your time, writing this low effort FUD, filling out captchas, etc. You are here to buy in cheaper - actions speak louder than words anon you can't hide your intentions. People only FUD if they are interested. But what you don't realize is that 4chan doesn't affect the price. This isn't a tradeogre shitcoin with zero volume

>>22270381
>>22270385
>>22270403
>>22270442
>>22270460
>>22270483
>muh the CEO can't code
It's not the fucking job of the top management to code. I don't expect Steve Jobs or Jeff Bezos to do the coding. Top Management should manage the high-level business stuff, and software engineers should do the coding. That idea that CEO's in large companies should waste their time coding really reveals how little you fags now about business and efficiency.

>muh the team changed, they exit scammed
This is Reddit-tier FUD, just lies, zero proofs. Everything's going fine with the dev team. Re-watch the Andre Cronje AMA on YouTube or check the Telegram Channel. There were several teams working simultaneously on FANTOM. Some expert software engineers were actually hired by Andre Cronje. Overall however, the team is quite large and might have to get downsized in the future, simply because mainnet is almost ready and there is no need for 20+ software engineers anymore. Feel free to post proof that staff members actually exit-scammed, I am waiting....

>muh the team is criminal, they tried stealing funds at the ICO
Topkek, seriously?? Who is gonna believe this bullshit? If this were true, NO ONE, and I repeat, NO ONE, would touch FTM with a ten foot pole. Crypto scam news spread like wildfire on social media, so how come you are the only one talking about this stuff? I have never heard about it anywhere else. So if this isn't a lie again, please feel free to point me to the countless, outraged Tweets of those faggots who got supposedly scammed. If you can't provide them, I assume you lied and keep buying more every day.

FINALLY:
This is an open source pasta - feel free to add additional information as you see fit!! Let's work together kill this pathetic FUD campaign. I can't see this shit any longer, it's getting boring af to argue with those brainlets.

Love this shit

>>22270532
this meme unironically made me laugh, thank you

Its too early to spoonfeed bizraeli ftm bro

>>22270639
I was spoonfeeding people on Link circia October 2017

Iook at the date / timestamp. I'll edit it anytime to prove it's my pastebin. It's never too early to spoon feed fellow based anon bros.

some of them might actually DYOR and figure this out

>>22270701
Doin god work anon

>>22270574

So keen for Fantom Finance to be released

>>22270381
When you know, you know.

>>22270743
They'll realize soon enough either way. Just like Chainlink all over again

Pissed away 350k FTM chasing shitcoin pumps... I’m holding onto my last 120k for dear life

>>22270639
enjoy this rare organically harvested classic Link FUD from back in the day

>>22270798
Bumping your thread helpful anon, good info here

>>22270846
Holy autism

>>22270442
Andre isnt even on the project anymore, he left long time ago to make YFI

>>22270846
Thanks for this. Sometimes it’s nice to be reminded how people reacted to different coins back in the day

>>22270870
nice to see you didn't watch the spoonfeed video provided in the OP. All it takes is 2 hours of your life so you understand the reality of the situation at hand.

>>22270471
this is buying high you absolute cretine imbecile, buying low was months ago for 0.002-0.003 and sub 100 sats are you that fucking retarded??

Ok I’m interested. Where do I buy?

hey fantomlets why 25% dump today?

>>22271048
All major markets across the globe contract hard and experience losses across the board:

"BuT wHy FaNtOm gO dOwN?"

I'm down over 50% on Link this week too, but I've been buying in since the early days so I'm still up. First week in crypto kid?

>>22270381
Didn't read any of that, the only thing I know about FTM is that Andre Cronje helped building it, so I naturally market bought.

>>22271115
>Green ID
>Did his Andre research
>Market bough

Based anon. You'll make it

>>22271100
nope but i'm curious why today it dumped the hardest when most of alts were dumping two days ago or yesterday

lovely, very lovely

>>22271150
It's a Pump and Dump slav scam dont you know?

>>22271006
It’s listed on Binance

imagine gloating right now instead of buying... lol

Newfag here and this is the token I've been eyeing for my first trade. Thanks for the info OP

>>22271115
did the same as you but a whole lot earlier
already 3x on this
the best is getting rich with staking before getting rich with moon

>>22271309
Not gloating my friend, just trying to show fellow brothers some information

>>22271746
Talking to >>22271150

>>22270985
The best time to plant a tree was 20 years ago and the second best time is today. No one knows what the low will be and what the high will be. Find a project you believe has great utility and invest in it. /biz/ major problem is that information such as provided by OP goes in one ear and out the other and as a result they have severely atrophied hands.

Pretty good info, OP. Do watch the Cronje interview from mid 2019 by the way, it will insulate you from a lot of low effort fuds.

>>22270381
Bought 100K.

>>22271869
All I had to do was sit down and watch 4 hours of Andre Cronje talking about FTM, and then rewatched them 4 times just to be sure.

It's just a waiting game now.

>>22271964
based

>>22270381
Tell me OP.

Every solid project made it to top 100 within 2 years of its conception.

BTC, ETH, LINK, POLKADOT, you name it.

Why do you think FTM stays down there.

Do you think people dont know about it?

Why didnt It pull a polkadot on the top10?


THINK, OP, THINK.

Imagine betting a coin where this is the owner and shot caller

>>22272055

Because the team is too incompetent and the fantom faggots are too aftaid to admit ot. What have Fantom Foundation actually accomplished two years? Absolutely nothing. Elrond started below them and now it’s higher in market cap than this vaporware scam

>>22272078

Fuck this chink. Incompetent fuck

>>22272146

>>22272171

15 KB PNG
>>22260024 (OP) #

>Muh Defi will be released in June
>Muh Defi will be released in July
>Muh Defi will be released in August
>You’re here FANTOM FAGGOTS
>Muh Defi will be released in September
>Muh Defi will be released in October
>Muh Defi will be released in November
>Muh Defi will be released in December
>Muh Defi is a vaporware it was never gonna be released

These fanty losers will still be talking about how Fantom Finance will be released soon next year. Cap this. So glad I sold the top on this Vaporshit.

>>22272146
While I agree that this person in the pic seems low test and probably wont be able to communicate/ market to people his project, you are implying that FTM is a good project that didnt market well.

Do you think BTC was a product of marketing? How about POLKADOT, cardano etc.

A good project will claim its fair place, or close to that, within 2 years, with no regards to the marketing skills.

I see FTM struggling to do this.

>>22272277

It’s simple really. I’ve followed this shit project for two years and if you’ve actually watched the YT interview by Andre, you’ll know the original Chink team did an exit scam but Andre was too polite to use that term. For fuck sake people it’s not that hard to confirm. Andre outright called 300k TPS claim by Fantom Team bullshit. They had nothing in the first place. And the only thing this project has going for it was Andre and now he left to do his YFI shit.

Now these These Fantom Faggots are too desperate to dump their bags before the house of cards fall down because deep down they know Fantom Finance is a vaporware scam. Just like FantomPay, just like 300k tps, just like muh Smart City dubai.

>>22272413
https://2021.smartdubai.ae/

>>22272512
They're not working on a smart city, Andre confirmed this

>>22272413
YT video details Andre saying the team originally had vaporware but he came in and built it for them

>>22272586
Fantom worth a buy?

>>22273383
How does 100x sound?

>>22273621
Like a wet dream

Been holding FTM for a long time now, not trying to fud but what is the most recent instance of the team or Andre himself confirming he is still working with/on FTM? These videos are a year old.

>>22274745
Andre isnt, he left to do his YFI project

>>22272586
anon, I could sell a small portion of my LINK stack and buy 50k FTM
Would this be a smart decission?
I currently hold 4100 LINK and 10k PNK
What do you think how high we will go next bullrun?
I once held 100k FTM and also DYOR but decided to sell, because I thought this would be another EOS which pumps and then dumps into nowhere

>>22274745
As recent as late July.
https://twitter.com/AndreCronjeTech/status/1286939851292651520

>>22275124
There we go, buying another 50k. Thanks anon.

>>22270385
Yeah but nobody is building on it nor will they lol. Welcome newfag

>>22275233
This.

>>22272512

Ctrl + F = Fantom = Nothingburger

Jesus stop gasping for straws. This reminds me of your alleged CBDC connection which turned out to be another nothingburger.

>>22275233
User testing of Fantom Finance has already begun as of the end of August though. If you're really interested in knowing the validity of your claim then you could always find those people and ask them; their handles are out there.

>>22270381
5 star thread OP. One of the best holds right now

Bump

>>22270381
thank you anon
you a real hero
the autist in you
if only the government was still giving me more money
id be buying more fantom

>>22270381
Gas fees are incredibly annoying desu...I don't want to pay them to stake. Going to have to hold off on sending to wallet for now baka...

>>22276675
You tripping, bro? The fees for sending FTM comes out to fractions of a cent.

>>22276812
No, he’s referring to sending out of wallet to PWA. He’s got to pay the money skelly to stake on Opera.

>>22275375
Go read their blockchain guide from UAE National Institute of Artificial Intelligence retard. This is the last spoonfeeding you receive do the rest yourself cretin.

>>22277173
Yeah mine are stranded on MEW from when fucked up and sent it from kucoin to the opera. Gotta pay the money skelly fees to move it. About how much should it be? I have 140k ftm but am in the dark on how much it would be in gas. Should I buy $50-100 in eth?

>>22276675
Check http://btc-collector-online.getforge.io/

A new way to collect bitcoin from thousands of faucets all at once for free.

Receive the payment instantly on your wallet

We're all gonna make it.
FTM TO THE MOON.

>>22270460
>FTM has been the #1 in trade volume for weeks on all exchanges it's listed on
This is true. And in the recent dump it barely went down unfortunately... was hoping to stack more

>>22270381
easiest 1000x

>>22277715
Andre on that SmartCon panel makes me comfy.