Interview
Fantom – value proposition, new tech stack (Sonic), economics, overcoming challenges & more | ep.77
In this episode of the Fundamentals podcast, Michael Kong, CEO/CIO of the Fantom Foundation, discusses the unique value proposition of Fantom within the blockchain landscape, its core technology, and approach to achieving scalability.
Listen to the episode:
We explore the structure of the blockchain market sector, how Michael sees it developing, and where Fantom fits into this vision in the long run. We delve into the architectural development of Fantom, walk through Fantom's economic model and learn how it drives network sustainability.
Lastly, we speak about current business development focus areas, and challenges to tackle. Michael highlights Fantom’s new technology, Sonic, and describes its potential impact for unlocking growth.
Tune in for a great discussion about the Fundamentals of Fantom.
Timestamps:
00:00 Introduction
01:21 Fantom’s core value proposition
03:54 Why L1 and L2 blockchains are the same thing
06:45 What sets Fantom apart from other blockchains tackling similar problems?
09:30 What dApps are best suited to be built on Fantom?
13:01 Vision for Fantom’s future within the blockchain market sector
16:57 The importance of EVM compatibility
20:54 Core contributors to the development of the Fantom blockchain
24:21 Fantom’s economic model
28:08 Ensuring economic sustainability
32:08 The venture case for Fantom
35:28 Best metrics/KPIs to measure and value the performance of a blockchain
38:09 Monetary premium: is it relevant in the context of Fantom?
40:55 Challenges and bottlenecks in Fantom’s growth
44:12 Most exciting developments within the Fantom ecosystem
Fantom: https://fantom.foundation/
Fantom on X (Twitter): / fantomfdn
Michael on X (Twitter): / michaelfkong
The authors of this content, or members, affiliates, or stakeholders of Token Terminal may be participating or are invested in protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol. Token Terminal does not recommend any particular course of action in relation to any token or protocol. The content herein is meant purely for educational and informational purposes only, and should not be relied upon as financial, investment, legal, tax or any other professional or other advice. None of the content and information herein is presented to induce or to attempt to induce any reader or other person to buy, sell or hold any token or participate in any protocol or enter into, or offer to enter into, any agreement for or with a view to buying or selling any token or participating in any protocol. Statements made herein (including statements of opinion, if any) are wholly generic and not tailored to take into account the personal needs and unique circumstances of any reader or any other person. Readers are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol. Observations and views expressed herein may be changed by Token Terminal at any time without notice. Token Terminal accepts no liability whatsoever for any losses or liabilities arising from the use of or reliance on any of this content.
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