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Fantom Foundation Collaborates with Bware Labs to Grow Network Infrastructure

The Fantom Foundation has announced that leading blockchain endpoint provider Bware Labs now supports Fantom mainnet and testnet.

NEW YORK--(BUSINESS WIRE)--Using Bware services, developers on Fantom can easily create a blockchain API to connect their dApps to the Fantom network. The entire process takes less than one minute on Bware�s streamlined platform.

The Bware agreement coincides with extremely rapid growth across the Fantom platform. Developers have been eager to leverage Fantom�s high speed (1-second transaction finality) and near-zero gas fees to power their applications. Additionally, numerous projects like Atari Chain have taken advantage of Fantom�s EVM compatibility to port over their Ethereum solutions.

Fantom on-chain statistics reflect this rising activity: since the beginning of May, the number of unique wallet addresses has ballooned over 5700% to reach 446,700 (as of Aug 1), and the platform now processes between 300k-1M daily transactions.

In the context of such unprecedented expansion, Bware offers builders a needed, efficient way to connect to the Fantom blockchain without investing the time and money required to engineer and maintain a node.

Bware Labs has similarly enjoyed success this year, and the Fantom Foundation has awarded the endpoint provider a grant to assist with the ongoing buildout of their API infrastructure.

The Bware announcement caps a remarkable summer for Fantom, during which the company unveiled numerous new partnerships, a $350M DeFi-focused incentive program, integration on the Coinbase Mobile wallet, and more. As the Fantom platform continues to scale, Bware labs will surely play a crucial role in onboarding projects and developers.

About Fantom

Fantom is a fast, scalable, and secure layer-1 EVM-compatible platform built on a permissionless aBFT consensus protocol. On Fantom, transactions are confirmed in around a 1 second and cost on average one cent. Speed, low transaction costs, and high throughput make Fantom ideal for DeFi applications and real-world use-cases.

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Contacts

Media:

Simone Pomposi

Fantom Foundation

[email protected]
https://fantom.foundation

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