Watch Chainlink SmartCon held in Barcelona on October 2-3, 2023. Fantom’s (FTM) Chief Executive Officer, Michael Kong, will speak again at the event this year.
Kong will highlight “the industry’s advancement that is transforming the Web3 vision into a reality.” The CEO should give its investors more insight into what is in store for Fantom and Web3.
CEO Kong was integral in developing FTP into an ecosystem in DeFi. He has an education background in both finance and Information Technology from the University of Sydney. There, he published papers on smart contract security.
Kong held posts as an engineer for Block8, a blockchain development company in Sydney. He then founded one of Australia’s first funds in digital assets, now known as Trovio Group.
Readers who are unfamiliar with FTM should know that it is the primary token on the Fantom network. Per Fantom’s website, FTM is used for securing the network through staking, governance, payments, and fees. The FTM token on Fantom secures the network through a Proof-of-Stake System. Participants - validator nodes – need at least 3.175 million FTM. In return, those participating in staking and the nodes are rewarded with epoch rewards and fees