Fasttoken $FTN

Fasttoken (FTN) is the native coin of Bahamut, a public, layer 1 EVM-based blockchain solution that boasts a unique consensus model known as PoSA (Proof of Stake and Activity). This model ensures that the more gas usage a given smart contract has, the higher the chances are for the validator-deployer to become a block producer in future epochs.

Unique Aspects of the Project

The primary distinguishing feature of Bahamut is the PoSA consensus model. This model introduces innovative methods for businesses to generate revenue from their user base, all while maintaining the transparency and integrity that is so integral to the web3 space.

Project History

The origins of FTN trace back to an ERC20 token of the SoftConstruct and Fastex ecosystems. However, when Bahamut's mainnet launched on May 3, 2023, with FTN as its native coin, the migration process from Ethereum to Bahamut began and is currently still in progress.

What's on the Horizon for the Project?

The Bahamut infrastructure continues to expand. Users can look forward to the launch of decentralized exchanges, various apps, bridge services, and other essential features on Bahamut by the end of the year. In addition, the Bahamut grant program is currently underway, extending an invitation to all who wish to contribute to a more decentralized future.

Uses of the Token

FTN serves manifold purposes, including its use as a gaming token across various providers, and as the native coin for the Bahamut network.