FANTOM x Danfoss Partnership
Denmark-based Danfoss employs around 26,000 people globally
Days after listing on Bibox, FANTOM has just announced a partner up with the multi billion-dollar energy and IOT infrastructure giant Danfoss Corp.
What is Danfoss
Founded in 1933, Danfoss is a privately-owned Danish company with a global presence. It operates 69 factories and 50 sales companies in over 100 countries. Danfoss “manufactures products and provides services used in cooling food, air conditioning, heating buildings, controlling electric motors, gas compressors, variable-frequency drives and powering mobile machinery. The company is also active in the field of solar and wind power as well as district heating and cooling infrastructure.”
What is FANTOM
FANTOM is the world’s first DAG based smart contract platform that solves the issue of scalability and confirmation time of the existing blockchain technology.
The ICO was back in Jun 2018 and the tokens had been locked till 29 Oct 2018. FTM tokens are ERC20. The ICO price was 1 FTM = 0.0431 USD (0.00008634 ETH).
It has garnered a “Very High Interest” rating on IcoDrops.
Where to buy FANTOM
At pixel time, the only official exchange FANTOM is listed on is Bibox exchange. The ticker is FTM. Available trading pairs are FTM-BTC and FTM-ETH. It is currently trading at about 1.6x ICO price in ETH.
Find out more about the listing here.
Till 3rd Nov only: Bibox is having a listing event for FANTOM. Deposit, buy or trade FANTOM to gain BIX and FTM! Find out more here!
What is Bibox?
Bibox exchange is at pixel time the 8th largest crypto exchange by volume. It has been in operation since 2017 and is based in China.
Bibox has its own token (BIX). Holders will take a share of Bibox trading fees.
Don’t like Bibox?
If you prefer trading directly from your Ledger/Metamask on a DEX, check out my post on DDEX here. FTM is also available on IDEX for trading. Note that DEXes are not officially supported by FANTOM team, so make sure you’re buying the right tokens!
If you’re interested in passive income from staking, check out my other posts:
References
- https://medium.com/fantomfoundation/fantom-partners-with-multi-billion-dollar-energy-and-iot-infrastructure-company-danfoss-6247cc5ff17a
- https://en.wikipedia.org/wiki/Danfoss
- https://www.danfoss.com/en/
- http://www.danfoss.kr/newsstories/cf/%EB%B8%94%EB%A1%9D%EC%B2%B4%EC%9D%B8-%ED%94%8C%EB%9E%AB%ED%8F%BC-%ED%8C%AC%ED%85%80%EA%B3%BC-p2p-%EC%97%90%EB%84%88%EC%A7%80-%EA%B1%B0%EB%9E%98-%ED%94%8C%EB%9E%AB%ED%8F%BC-%EA%B5%AC%EC%B6%95%EC%9D%84-%EC%9C%84%ED%95%9C--mou%EC%B2%B4%EA%B2%B0/?ref=17179923173#/
- https://blog.naver.com/danfosskr/221373321943
