Fantom – value proposition, new tech stack (Sonic), economics, overcoming challenges & more | ep.77 Fundamentals

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. 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.

Fantom: https://fantom.foundation/
X (Twitter): https://twitter.com/FantomFDN
Michael on X (Twitter): https://twitter.com/michaelfkong

Make sure to leave a comment if you have any questions 🙌

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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: Fantom Sonic 
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