Fantom to Partner with Tosei

Fantom is developing a smart contract platform based on the Directed Acyclic Graph (DAG) technology
13 November 2018   1073

Korean blockchain project Fantom, which gathered more than $ 39 million at the ICO in June, announced an agreement with Japanese real estate corporation Tosei, which controls more than $ 5.5 billion in assets, on Monday.

Fantom is developing a smart contract platform based on the Directed Acyclic Graph (DAG) technology, focused on solving scalability and transaction confirmation times that are present in existing blockchains. It is expected that the Opera blockchain being developed by Fantom will allow making payments in real time with minimal costs (less than $ 0.01) in conditions of unlimited scalability.

Integrating the Fantom solution into Tosei systems will optimize the property purchase process and the associated calculations on a large scale and  millions of dollars on commissions. According to the developers, decentralized technology can have a positive impact on the real estate industry, where commissions sometimes reach 5% of the transaction amount.

With cumbersome contract procedures, lengthy processing times, and concerns around transparency, there are many friction points within the construction and property industry. Fantom has the potential to ease, address and solve these challenges not just for us but for the whole real estate sector. The marriage between real estate and Fantom is one of the strongest arguments for how decentralisation is not only a disruptor, but also an architect in building a framework for efficient ways of conducting end-to-end business.
 

Fantom Team

Against the background of this news, Fantom FTM's own token has grown by 11%.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   961

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”