FANTOM and its future. ($FTM) | Bitcointalksearch.org

batang_bitcoin

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Quote from: Mate2237 on June 11, 2024, 04:23:53 PM

Quote from: batang_bitcoin on June 11, 2024, 03:55:41 PM

Quote from: kotajikikox on June 10, 2024, 08:18:19 PM

Quote from: batang_bitcoin on June 10, 2024, 05:51:06 PM

I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

I think a project such as this is just trying to create hype and noise around it. We don't really know if it will perform any better than it is now but the promises of a better performance through a change or addition of tech might be attractive to some investors. I'd say it's pretty effective seeing that people are now questioning whether it's worth to invest in.

Yeah, it is effective for some investors and whenever they see news like this, their awareness makes them want to hold more of it. But then, if you're an investor that seeks to find good projects, you'll have reasons why you are buying a coin as an investment. Other than these news, if you consider fantom as a good coin to hold, you're free to do it and no one is ever going to stop you from buying it as long as you're spending your money to it.

Not all news are good to follow up to buy coin there are some memecoins that have good news channels and social media platforms yet the project is not good to invest and we can see that from pi Network which have been in the ecosystem for years yet it has not been listed in any exchange platforms.

The matter how good the project was good in the beginning, late investors are to face the downturn of the project and risk their investment. And anyone who failed to understand the reason of investing in cryptocurrency project is not a good investor but money doubler in disguise.

This one isn't a meme I guess but every news can be a factor and reason for some but you're not right that not all of them are worth. And with that project you have mentioned, I'm not following that and I know that it's just likely a scam project that have taken all of the identities of those that have mined it on their phones. And sadly, they're not going to get what it's worth for because most likely that the developers of it have already sold theirs somewhere else.

Mate2237

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Quote from: batang_bitcoin on June 11, 2024, 03:55:41 PM

Quote from: kotajikikox on June 10, 2024, 08:18:19 PM

Quote from: batang_bitcoin on June 10, 2024, 05:51:06 PM

I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

I think a project such as this is just trying to create hype and noise around it. We don't really know if it will perform any better than it is now but the promises of a better performance through a change or addition of tech might be attractive to some investors. I'd say it's pretty effective seeing that people are now questioning whether it's worth to invest in.

Yeah, it is effective for some investors and whenever they see news like this, their awareness makes them want to hold more of it. But then, if you're an investor that seeks to find good projects, you'll have reasons why you are buying a coin as an investment. Other than these news, if you consider fantom as a good coin to hold, you're free to do it and no one is ever going to stop you from buying it as long as you're spending your money to it.

Not all news are good to follow up to buy coin there are some memecoins that have good news channels and social media platforms yet the project is not good to invest and we can see that from pi Network which have been in the ecosystem for years yet it has not been listed in any exchange platforms.

The matter how good the project was good in the beginning, late investors are to face the downturn of the project and risk their investment. And anyone who failed to understand the reason of investing in cryptocurrency project is not a good investor but money doubler in disguise.

batang_bitcoin

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Quote from: kotajikikox on June 10, 2024, 08:18:19 PM

Quote from: batang_bitcoin on June 10, 2024, 05:51:06 PM

I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

I think a project such as this is just trying to create hype and noise around it. We don't really know if it will perform any better than it is now but the promises of a better performance through a change or addition of tech might be attractive to some investors. I'd say it's pretty effective seeing that people are now questioning whether it's worth to invest in.

Yeah, it is effective for some investors and whenever they see news like this, their awareness makes them want to hold more of it. But then, if you're an investor that seeks to find good projects, you'll have reasons why you are buying a coin as an investment. Other than these news, if you consider fantom as a good coin to hold, you're free to do it and no one is ever going to stop you from buying it as long as you're spending your money to it.

kotajikikox

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Quote from: batang_bitcoin on June 10, 2024, 05:51:06 PM

I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

I think a project such as this is just trying to create hype and noise around it. We don't really know if it will perform any better than it is now but the promises of a better performance through a change or addition of tech might be attractive to some investors. I'd say it's pretty effective seeing that people are now questioning whether it's worth to invest in.

TastyChillySauce00

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

Sonic upgrade is a part of fantom's rebranding strategy. There are some points on what things will come to the fantom.

1. Rebranding, fantom will rebrand its name to the sonic blockchain.
2. Scalling, Fantom will increase its scalability through sonic upgrade by replacing the current blockchain. Expect sonic blockchain to have 2k TPS.
3. Fantom token's name will be changed to the S following the change fantom blockchain's name to the sonic blockchain.

Im not seeing sonic upgrade as something special here. It's only scalability upgrade after all. I don't see any potential. To be honest, as you can see that how the TVL of fantom never increase again. It shows it has not gotten the demand even after fantom released this announcement to implement scalability upgrade.

tsaroz

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I have recently come across some articles related to FTM and how the team are going to transform it in to a new blockchain with an upgrade called "Sonic"

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

There was a funding round which raised $10 Million USD on 23rd of May 2024 as well. Which makes me think that the idea of developing this project in to a top contender is a serious one.

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

I would be looking forward to it and see how it develops before reaching into conclusion or getting into large investment. Fantom already is a good L2, I have used them in past and they are usable with quick transaction and cheap fees.
The TPS of 2K is not an impressive feat at current time but it might be what its actually getting at current test and their might be space of improvement. Utility token is a tough competition and something that's inferior to current market leaders won't steal any market share. Fantom needs to be at least as capable as Solana.

batang_bitcoin

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

There was a funding round which raised $10 Million USD on 23rd of May 2024 as well. Which makes me think that the idea of developing this project in to a top contender is a serious one.

These kinds of news for these projects are really interesting if you'll ask me. There are reasons why these fundings are happening but you have also need to take a look if they're not part of the team because this can be done as a marketing stunt.
I've seen a lot of marketing stunts before about such fundings, partnerships and collaborations. They're doing this just to give people that insight that they should buy the project because of partnerships like that.

DiMarxist

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

There is no too much to say, there are many tokens I'm the cryptocurrency community now and most of them are there to increase the number of projects in the market and they are not doing well and many will die in the future so if you are investing in anyone, you have to k ow the potential of the coin before investing in it. This is the current price of the coin $0.6761 and it doing well but can it sustain in the market because most them are dieing because the competition and other token are doing well more than them and nobody invest in them. You can check the link to see how the project is.

https://fantom.foundation/

Belarge

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Quote from: crwth on June 08, 2024, 11:59:31 AM

I have known someone for quite a while whom her holdings are mostly FTM. I think she has somewhat a connection to it maybe with the founders or something but I don't know her well enough to know the real story. It's just mostly that all the pairs that she is trading is FTM. It's mostly like that. I'm not sure why though. Not convincing enough for me after reading a lot here.

Investors stick to the projects that makes them happy, when we talk about happiness, we know enormous profits flowing in. FANTOM is currently $0.6915 and have made important bullish runs during the bull season. Fantom is positioned to have a market cap of $1,938,697,986 and trading volume to be running at $137,974,768. These figures increased are actual stats to believe fantom is promising project, it have continued to dip in the last 24h and we know basically what's happening, with -4.33% and who knows where it's heading.

nelson4lov

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

~Snipped

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

The Sonic upgrade for fantom has been widely speculated for several months now and a lot of big deal influencers have shilled it on multiple occasions on CT. My biggest regret about FTM is that I missed the glorious moments to max long FTM at the $0.23 low this year (February) when I had the opportunity to. Moving on from price talks, Fantom have not being able to compete with the leading blockchains despite having one of the lowest tx costs among blockchains.

DeFi - almost non-existent
Ecosystem - super thin

It's everyone's hope that the sonic upgrade will give fantom the edge it needs to attract projects to patronize building on fantom (soon, Sonic) vs other blockchains.

bluebit25

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Fantom is an established blockchain in the space, but it seems that its competitors are still above its reach, but they are nonetheless trying to evolve and adapt with the changing development of this field. If compared with other chains such as Ethereum, Solana, Avalanche, BNB,... it is still a long journey to compete. But we can understand the nature of the hype in the space through technology comparisons, but that does not completely reflect investor preferences for each chain, nonetheless Fantom still receives support of the community love this coin, so I think it will also fluctuate during the bull cycle.

crwth

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I have known someone for quite a while whom her holdings are mostly FTM. I think she has somewhat a connection to it maybe with the founders or something but I don't know her well enough to know the real story. It's just mostly that all the pairs that she is trading is FTM. It's mostly like that. I'm not sure why though. Not convincing enough for me after reading a lot here.

God bless u

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I have recently come across some articles related to FTM and how the team are going to transform it in to a new blockchain with an upgrade called "Sonic"

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

There was a funding round which raised $10 Million USD on 23rd of May 2024 as well. Which makes me think that the idea of developing this project in to a top contender is a serious one.

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

It has been a long time since I have been hearing about this project. I have not dived into it completely but I have gone through it a little the conclusion that I have made is that it's not that much of a good project that it's owners are showing it.

Yes it's a good project to invest but it's not that much of profitable to the extent it's owners are showing. It's a random gaming project of which there is no unique selling proposition that I could see off.

Volimack

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As blockchain platforms evolve the demand for sophisticated trading tools that offer security efficiency and better value will likely increase. While its integration with Fantom represents a significant advance in the DeFi sector its long term success will depend on user adoption and real improvements in the functionality it provides.

Bureau

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

The community has responded positively to this news but how effective will this upgrade be we will know when it is completed. The problem with most blockchains is scalability, and with this new upgrade, the team wants to resolve it. I have seen other blockchains doing the same but they have not been so successful and I do not think Fantom will be able to resolve it. If it's ecosystem gets going then they will have to again look into upgrades or patches to counter the congestion issue.

btc78

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I have recently come across some articles related to FTM and how the team are going to transform it in to a new blockchain with an upgrade called "Sonic"

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

I think there’s a lot of confusion about what FTM is really trying to do.

Aside from technical terms being used loosely sometimes incorrectly, a lot of people are getting confused about what exactly their goals are. I have seen people say that ftm will be sonic while some only talk of an upgrade but not necessarily a new coin.

It’s all confusing and very close the a launch, I don’t think this is the ideal situation for the team.

jacafbiz

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Quote from: Ekanayake90 on June 07, 2024, 11:37:30 AM

I have recently come across some articles related to FTM and how the team are going to transform it in to a new blockchain with an upgrade called "Sonic"

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

There was a funding round which raised $10 Million USD on 23rd of May 2024 as well. Which makes me think that the idea of developing this project in to a top contender is a serious one.

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

Fantom seems to be bearing its name, the team has faailed to deliver substancee to justify its market share over the years, the ecosystem is dieing because of lack of adoption, recently the team starts making noise again which I believe is just another way for them to have another pay day before the end of this bull run, my advice is just to trade it and not believe this is going to change the world

Ekanayake90

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I have recently come across some articles related to FTM and how the team are going to transform it in to a new blockchain with an upgrade called "Sonic"

"Fantom (FTM), a layer-1 blockchain designed to challenge Ethereum’s dominance. He highlighted the upcoming Sonic upgrade, which will transform Fantom into a new blockchain, replacing the original. This rebrand, accompanied by technical enhancements, could drive significant interest and investment in Fantom. Davis praised Sonic’s impressive transaction speed of 2,000 transactions per second and sub-second finality, noting that these features position Fantom as a strong contender in the blockchain space."

There was a funding round which raised $10 Million USD on 23rd of May 2024 as well. Which makes me think that the idea of developing this project in to a top contender is a serious one.

I'd like to know your opinion about this project and if it has any potential with so called sonic upgrade.

Topic: FANTOM and its future. ($FTM) (Read 165 times)