Fantom is a DAG-based smart contract platform with its own consensus algorithm, aiming to provide fast and decentralized finance services to developers. It uses its native token FTM to address transaction speed issues, achieving transactions in under two seconds. The Fantom Foundation was established in 2018, and the OPERA mainnet launched in December 2019. Fantom offers an open-source decentralized platform for DApps and digital assets, serving as an alternative to Ethereum. It prioritizes scalability, security, and decentralization, providing tools for easy DApp integration, a staking reward system, and built-in DeFi features.