Investors within the Fantom ecosystem are eager for the next bull market, which was possibly started in early January. Following a 186% growth in value in just 30 days, Fantom price is trading at $0.6415 at the time of writing.
Traders seem to agree that FTM’s path with the least resistance is to the upside, with the price rising by another 7.8% on the day. A 24% spike in volume to $649 million reinforces the bulls’ presence in the market. This upsurge shows how investors are accumulating FMT in preparation for the next rally to $10.00.
The next-generation layer 1 protocol boasting remarkable scalable solutions and fast transaction speeds will narrow its focus to the decentralized application (dApp) ecosystem in 2023. Andre Cronje, the co-founder, and architect of the Fantom ecosystem is marking his return to the crypto project with an ambitious roadmap—one that could make FTM highly competitive.
Cronje believes in the Fantom Foundation’s mission to deliver “the highest throughput blockchain available to provide a single secure settlement layer for all decentralized activity.” He argues that all dApps in the ecosystem should tap the power of the same base layer to ensure security for everyone involved, especially the user.
The new roadmap will, from the beginning, lean toward gas monetization – for revenue generation. Like the YouTube creator revenue model, dApps will share revenue based on the gas used, to ensure a sustainable income stream for strong teams.
Gas subsidies will pave the way for seamless user onboarding. In that, they will not need to have a wallet to interact with dApps. Users won’t need to know about FTM or pay gas fees beforehand to explore the resources within the ecosystem.
The roadmap will also scrap the
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