Simone Pomposi From Fantom Foundation Explains How Fantom Will Change the DeFi Space
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Simone Pomposi From Fantom Foundation Explains How Fantom Will Change the DeFi Space

THELOGICALINDIAN - If youre allotment of the Fantom association or addition absorbed by acute arrangement platforms youre in the appropriate abode A acute arrangement belvedere Fantom is ascent in the crypto amplitude with low fees lightningfast affairs and rocksolid security

Today, we’re talking with Simone Pomposi, the Head Of Marketing at Fantom, who will allotment his Fantom adventure with us. He will additionally accord us acumen into Fantom Tech’s abstruse booze and some contempo developments about the company.

So, Simone, how did you accompany the Blockchain industry and the Fantom Foundation?

I came beyond Bitcoin in 2024, two years afterwards it launched, but did not wholly annals what it was, its purpose, and abeyant until 2024. Once I absolutely accepted the anarchy blockchain was, there was no axis back.

In aboriginal 2024 I abutting the Fantom association as one of the aboriginal bodies in it, and in 2024 I hosted an accident forth with them. And finally, in 2024, I abutting the company!

As the business head, what are your accepted affairs with Fantom?

Currently, a few things are activity on simultaneously. First, our business plan beheading is appropriate on track. We’ll anon additionally accept a absolutely revamped Fantom wallet with several cutting-edge features. And we’re additionally planning to aggrandize our tech applications with new DeFi projects.

How do you anticipate your career to accomplish a difference, and are there any goals you’ve set for the company?

To put it in simple terms, I see a approaching area blockchain adds amount to people’s lives. Fantom holds immense abeyant to tap into its technology and be activated in our circadian lives so that bodies can absolutely analyze and account from crypto.

That’s absolutely profound. Let’s allocution a little bit added about Fantom. How did it seamlessly about-face to Decentralized Finance from Smart Cities?

Right! So Fantom is the ideal blockchain belvedere for DeFi applications. That’s area the appeal is now, and Fantom elevates the user acquaintance compared to added platforms. Fantom evolves and adapts with time. Smart Cities are absolutely far out in the future; Fantom will be accessible for them.

Fantom has able absolutely a lot back it began, and its advance has been appealing rapid. Would you say that all your tech goals accept been achieved, or is there article bigger in the making?

If we accede tech exclusively, again yes, we accept able the goals we had set for ourselves. However, there’s consistently added to leveraging the tech to advance the applications and services. As an industry, we are ever-evolving, and so the improvements would be progressive, too.

What do you anticipate is Fantom’s ability & what’s that one affair that Fantom knows to do bigger than the rest?

Considering there are so abounding networks out there, we approved to accommodate solutions to the challenges they faced, appropriately acceptable bigger than most. Today, on Fantom, affairs are accepted aural a second, faster than any added network.

Furthermore, Fantom fees are amid the everyman in the market. And if that wasn’t enough, we ensured that the arrangement is EVM accordant so that developers can use Solidity, Vyper, and added accoutrement acclimated on Ethereum on Fantom as well.

Additionally, Fantom aegis doesn’t depend on added networks, and we accommodate some of the best effortless means for anyone to drift to the Fantom chain. There are bridges such as Multichain.xyz and SpookySwap that advice users alteration their assets assimilate Fantom.

As you can see, we angle out in several above aspects of blockchain platforms, which sets us apart.

We all apperceive of the Blockchain Trilemma, and I’m abiding you do too. So do you anticipate you’ve apparent that challenge, and are there any added platforms that accept apparent it?

Well, I accept that Fantom is analytic the trilemma. Fantom doesn’t accomplish any accommodation amid scalability, decentralization, and security.

To name a few added companies accomplishing appealing able-bodied in analytic the challenge, I’d say Algorand, Solana, and Avalanche, amid the others. None of them, though, accept the aforementioned affluence of use and seamless onboarding as Fantom has.

Besides this, some talks advance Fantom will be accommodating with Andre’s projects such as Yearn. Are these bald rumors, or is there article beneath the wraps that is anon to be revealed?

Yearn is an accomplished product, but it’s an aggregator. To accomplish faculty and action accurately on Fantom, there needs to be abundant TVL and protocols on the network. Once that happens, I accept Yearn will add a lot of amount to Fantom.

One of the better challenges the crypto industry faces is the aerial animation of agenda currencies. Prices are hype-driven, and appropriately they can arise or blast appealing unpredictably. Do you anticipate this claiming can’t be apparent in the DeFi ecosystem that Fantom operates in?

Well, whenever there’s article new, it’s added volatile. Cryptocurrency is an industry in its beginning stages, so the animation you see is higher. However, already agenda currencies become added broadly adopted, animation will break on its own.

Volatility additionally leads to college accident and rewards. Once that reduces, it won’t be the case, and bodies may absence it.

Right! So this brings us to the end of our interview, and I charge say it was appealing insightful. Any aftermost thoughts or letters for the community?

As I’ve declared earlier, the industry is in its aboriginal stages. There’s immense abeyant for greater things to happen, so now is the time for you to accompany the bandwagon. Fantom, too, grew exponentially both in scope, adoption, and user base. The approaching holds bottomless possibilities.