Fasttoken (FTN) serves as the native cryptocurrency of Bahamut, an EVM-based blockchain employing Proof of Stake and Activity (PoSA) consensus. It powers the Fastex ecosystem, integrating gaming, e-commerce, NFTs, and virtual environments, with strong security, diverse utility, and active market presence.
Fasttoken (FTN) is the foundational cryptocurrency of Bahamut, a decentralized layer 1 blockchain built with Ethereum Virtual Machine (EVM) compatibility. It utilizes a unique Proof of Stake and Activity (PoSA) consensus mechanism, designed to balance scalability, security, and decentralization. Bahamut supports a wide range of applications within the Fastex ecosystem and aims to provide a robust platform for decentralized solutions.
These components leverage the utility of FTN to create a versatile ecosystem that bridges traditional digital platforms with decentralized blockchain-based applications.
FTN plays a pivotal role in the Bahamut blockchain and Fastex ecosystem, with multiple utilities:
Security is a cornerstone of the Fasttoken project. Comprehensive audits of its ERC-20 contracts and distribution mechanisms have been conducted by leading cybersecurity firms such as CertiK and Hexens. These evaluations verify the security, reliability, and efficiency of its smart contracts, ensuring a secure environment for users and developers alike.
FTN boasts a vibrant market presence, with a circulating supply exceeding 436 million tokens. As of 2025, its market capitalization surpasses $1.5 billion, reflecting strong adoption and trust within the cryptocurrency community. The token’s daily trading volume consistently exceeds $15 million, signaling active participation and liquidity.
Fasttoken is supported by a thriving global community of over 50,000 active members. Community engagement spans across social platforms, forums, and development initiatives. The Bahamut Grants Program, with an allocation of 10 million FTN, promotes the growth of innovative web3 projects and infrastructure development. This initiative aims to foster a diverse and inclusive ecosystem that empowers developers and entrepreneurs.
With its robust technological foundation, active community, and integrated ecosystem, Fasttoken positions itself as a key player in blockchain innovation. The project continues to prioritize scalability, security, and usability, laying the groundwork for expanded applications in gaming, e-commerce, and decentralized finance.
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Hi Cosmonauts! ⚛️ Thank you for tuning in and welcome aboard! My name is Estelle and I hope everyone is doing great today, welcome to the Cosmos ecosystem news roundup. Here are the top stories in the Cosmos ecosystem for the 2nd half of June: Can Cosmos get ahead of Ethereum and other crypto projects […]
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