Mar '24 Newsletter

Mar '24 Newsletter

We're back! February was a jam-packed month for us here at the Fantom Foundation, and we saw several important releases and news.

We're talking: announcing the Sonic Labs winners, launching Sonic archive nodes on the mainnet, attending ETHDenver, and much more exciting stuff.

But first, we have a statement to share regarding the Multichain incident.

Multichain statement

On January 30, 2024, the High Court of Singapore granted a default judgment against Multichain ruling in Fantom’s favor, an important step in recovering the lost assets from the incident.

Fantom at #ETHDenver


We attended ETHDenver 2024, vibing with the Fantom team, Pyth Network, Equalizer Exchange, and many new and old friends. Michael Kong presented on building within the ecosystem and how Fantom will reach Sonic speeds this spring.

The latest news in Fantom

Sonic Labs Winners
We announced the 5 winners of our Sonic Labs incubator program — Lynx, Thunder Dome, Debita, Kiri Technologies, and Froqorion — who will share a prize pool of 1M FTM, mentorship from Andre Cronje and others, and more!

Sonic Archive Nodes
We upgraded some of the Fantom Foundation's archive nodes to Sonic, cutting down their operational costs by a staggering 95%! These nodes offer 66% storage usage reduction, 9x higher request capacity, and 10x faster sync.

New Fantom Website
Our team was hard at work designing a brand-new website for Fantom, which we have now officially launched! As we push the boundaries of innovation with Sonic, we thought it'd be a great idea for a fresh, updated look.

Galxe Memecoin Mystery Mania
To showcase memecoins bringing value on Fantom, we launched our Galxe Memecoin campaign with 7 memecoin partners. Around 14,000 participants enjoyed a free NFT and the chance to win part of $3500!

Clokkworky Artist Spotlight
"Spirituality, music, nature are the main sources of inspiration leading to my favor for psychedelic culture." We learned more about Clokkworky, the artist focused on 'psychedelic cubism' seen in the NFTs in our Galxe Memecoin Mania campaign.

Michael Kong | BeInCrypto
Michael Kong shared insights with BeInCrypto into the role of Fantom Sonic and how it facilitates a transition for developers familiar with Ethereum. Sonic aims to dramatically improve consensus, allowing for over 2,000 TPS and 1s TTF.

fWallet Update
We updated fWallet to bring insights into asset distribution and charts, quick actions (delegation management, claiming rewards, and checking governance proposals), and a collapsable menu.

Vertical Blocks

Earn 1M FTM Being Part of Sonic Labs
What is Sonic Labs?Luis Fausto sits downs with Fantom’s Director of Business Development, Sam Harcourt, to dive deep into a new initiative called Sonic Labs.…
EVERYTHING You Need to Know About Fantom Sonic with Fantom’s Chief Research Officer Bernhard Scholz
Join us in an DEEP DIVE conversation with Bernhard Scholz, Chief Research Officer at Fantom, as we delve into the latest technological advancements that are…

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