Fasttoken (FTN): Powering Bahamut’s Web3 Economy

What if one token could fuel an entire decentralized economy? That’s exactly what Fasttoken (FTN) is doing as the native currency of the Bahamut blockchain. With its unique Proof of Stake and Activity (PoSA) consensus, Bahamut delivers both security and scalability—two of the biggest challenges in blockchain today. Fasttoken isn’t just a utility token; it’s the backbone of a rapidly expanding ecosystem that spans gaming, e-commerce, staking, and payments.

Already adopted by 300+ websites, integrated into 10+ payment providers, and backed by a community of 50,000+ members, Fasttoken is proving that real-world adoption is possible. Add to this the fact that 40+ million Fasttoken are staked and trading volumes exceed $15M daily, and you can see why investors, gamers, and builders alike are paying attention. Let’s dive into what makes Fasttoken stand out—and why it might be a game-changer in the Web3 space.

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What Is Fasttoken (FTN)? A Native Token Powering Bahamut

Fasttoken (FTN) serves as the native currency of Bahamut, a public, layer-1 blockchain built on EVM compatibility and featuring a novel consensus mechanism known as Proof of Stake and Activity (PoSA). Within the Bahamut ecosystem, Fasttoken operates as the indispensable fuel—used for paying network gas fees, staking, block validation, and enabling cross-chain operations. PoSA differentiates itself by rewarding network participants not just for their stake, but also for their activity—encouraging developers to build widely used smart contracts, as activity (gas consumption) improves one’s chances to produce blocks.

Fasttoken is the native token of the Bahamut blockchain, which is a Layer-1, public, EVM-compatible blockchain featuring a novel consensus mechanism called Proof of Stake and Activity (PoSA). In this system, validators are selected not just based on stake, but also by the activity—specifically, the amount of gas used by smart contracts they deploy.

Initially, Fasttoken began as an ERC-20 token within the SoftConstruct and Fastex ecosystem. It migrated to become the native token of the Bahamut mainnet after the launch in May 2023

Key Project Stats & Highlights

• Staking & TVL: Approximately 40 million Fasttoken are currently locked in staking contracts and liquid staking DApps, supporting network activity and token health.
• Usage & Reach:
  • Used across gaming, e-commerce, and numerous online platforms.
  • Integrated with 10+ payment providers.
  • Active on 300+ websites globally and supported by a community of ~50,000 across various channels.
• Grants Program: The Bahamut Grants Program has a dedicated fund of 10 million FTN aimed at encouraging development in web3 and decentralized infrastructure on Bahamut.
• Exchange Availability: Fasttoken is listed on over 17 exchanges, enhancing liquidity and access

EVM-Compatibility and Seamless dApp Development

One of Bahamut’s standout features is its EVM compatibility, allowing developers to leverage familiar Ethereum-compatible tools and languages when building decentralized applications (dApps). This lowers the barrier to entry for Web3 projects seeking fast deployment and interoperability. From gaming and e-commerce to DeFi and NFTs, Fasttoken supports a diverse array of use cases. The token already powers multiple platforms across the Fastex ecosystem, including Ortak, Lolik, Mutuari, and YoHealth

Robust Security Through PoSA and Audits

Fasttoken’s security is underpinned by its PoSA consensus, which aligns economic incentives with network activity, thus promoting both security and innovation. Moreover, FTN’s ERC-20 smart contract and distribution mechanisms have passed comprehensive security audits from reputable firms—Hexens and CertiK—both finalized in October 2022

Tokenomics: Supply, Burns, and Growth

FTN began with a total supply of 1 billion tokens, but a strategic burn of 120 million Fasttoken occurred on October 26, 2023, reducing the supply to 880 million tokens. These burned tokens are slated to be gradually minted on the Bahamut mainnet as staking rewards, providing a controlled inflation mechanism tied to network validation.

In just two years, Fasttoken has seen impressive adoption:

• 6.5 million wallet addresses registered on the Bahamut blockchain.
• Listed across 16+ cryptocurrency exchanges, including MEXC, Gate.io, and Bitget.
• Integrated with 10+ global payment platforms, such as Simplex, CoinPayments, MoonPay, and Alchemy Pay.
• Approximately 40 million Fasttoken are currently locked in staking and liquid-staking DApps, with a daily trading volume exceeding 15 million Fasttoken.
• Supported across 300+ websites globally, with a community of 50,000 users and growing.

Ecosystem Integration and Real-World Utility

FTN has continuously expanded its reach through partnerships and integrations that enhance accessibility:

• Calypso Pay integration allows users to easily buy, sell, and manage Fasttoken, expanding its real-world usability.
• Banxa integration facilitates fiat-to-FTN conversions in local markets like the Netherlands (iDEAL), Brazil (PIX), and Mexico (SPEI).
• Xcoins.com integration supports global Fasttoken purchases using credit/debit cards, Apple Pay, Google Pay, Skrill, Neteller, and bank transfers.
• Multi-chain support, via OrtakSea.com, allows Fasttoken to be bridged and used across Base, Arbitrum, and BNB Chain—extending its utility across diverse dApp ecosystems

Fasttoken (FTN) stands out as a modern utility token built for a thriving Web3 ecosystem. As the foundational token of the Bahamut blockchain, Fasttoken combines technical strengths—like EVM compatibility and PoSA—with practical integrations into payments, exchanges, and multi-chain networks. Backed by robust tokenomics, security audits, and a rapidly growing user base and ecosystem, FTN exemplifies the potential of next-generation blockchain infrastructure.

Utility and Use Cases of FTN

Fasttoken (FTN) is more than just the native token of the Bahamut blockchain—it is the lifeblood of an expanding digital economy. Designed to power payments, incentivize validators, and enable seamless dApp activity, FTN brings real-world utility across gaming, e-commerce, and broader Web3 ecosystems. Its role stretches beyond blockchain infrastructure, offering both technical functionality and mainstream accessibility.

Payment Solution for Gaming, E-Commerce, and Web3

FTN is increasingly being positioned as a universal payment solution. Within gaming platforms, it facilitates in-game purchases, digital asset trading, and rewards distribution, ensuring fast and secure settlements. For e-commerce, FTN enables businesses to accept crypto payments directly, while also benefiting from lower transaction fees compared to traditional payment processors.

In the broader Web3 space, FTN provides a frictionless medium of exchange that integrates seamlessly into decentralized applications (dApps). Users can transact in real time without relying on centralized intermediaries, helping to accelerate adoption across industries such as digital health, finance, and online marketplaces.

Staking Rewards and Network Incentives

At the core of Bahamut’s Proof of Stake and Activity (PoSA) consensus mechanism lies FTN. Token holders can stake FTN to secure the network, either as validators or by delegating their tokens to trusted validators.

The staking model offers multiple benefits:

• Validators earn block rewards and transaction fees for securing the network.
• Delegators share in the rewards without needing to run a node themselves.
• Developers benefit from the PoSA model, which increases their chances of validation as their dApps generate higher transaction activity.

This alignment of incentives ensures not only security but also continuous growth of the Bahamut ecosystem.

Gas Fees and Smart Contract Execution

FTN also functions as the primary gas token for the Bahamut blockchain. Every smart contract execution, transaction, or dApp interaction requires FTN for gas fees. This provides predictable demand for the token and ties its value directly to network activity.

For developers, this means they can deploy Ethereum-compatible dApps on Bahamut without needing to learn new programming models, while for users, the experience of paying fees in FTN is seamless and efficient. By anchoring gas payments in FTN, Bahamut ensures that the token remains indispensable to the ecosystem’s day-to-day operations.

Mainstream Adoption Through Payment Providers

A critical factor in FTN’s growth has been its integration with 10+ global payment providers. Partnerships with platforms like Simplex, MoonPay, CoinPayments, Alchemy Pay, and Banxa bridge the gap between crypto and fiat, allowing users to buy, sell, and use FTN across multiple jurisdictions.

These integrations unlock new on-ramps and off-ramps, enabling:

• Retail adoption through credit/debit card purchases and bank transfers.
• Business use cases where merchants can accept FTN as payment.
• Global accessibility, as payment partners offer local fiat coverage across Europe, Asia, and the Americas.

By embedding FTN into mainstream financial rails, Bahamut expands its reach well beyond the blockchain community.

The utility of Fasttoken (FTN) goes far beyond speculative trading. As a payment currency, a staking and reward asset, a gas fee token, and a bridge to mainstream adoption via payment providers, FTN plays a central role in making the Bahamut blockchain both secure and usable. With its growing adoption across gaming, e-commerce, and decentralized applications, FTN is positioning itself as a token with practical value at the heart of the Web3 economy.

Staking and Network Security with FTN

The strength of any blockchain lies in its ability to remain secure, decentralized, and efficient. For Bahamut, this foundation is powered by Fasttoken (FTN) and its innovative consensus mechanism, Proof of Stake and Activity (PoSA). By staking FTN, participants not only earn rewards but also directly contribute to the resilience and stability of the network. With over 40 million FTN already staked, the Bahamut ecosystem demonstrates a growing commitment to security and long-term sustainability.

Over 40 Million FTN Staked

Staking FTN involves locking tokens into the Bahamut blockchain to help secure the network. These staked tokens act as collateral, ensuring that validators have a vested interest in maintaining honest behavior. The sheer volume of FTN already staked—over 40 million—underscores the trust and participation of the community.

The benefits of large-scale staking include:

• Enhanced security: A higher stake makes malicious behavior economically unviable.
• Increased decentralization: More tokens staked across different participants prevents power from concentrating in the hands of a few.
• Ecosystem stability: Long-term staking reduces circulating supply, helping stabilize the token’s economy.

This collective commitment ensures that Bahamut remains a reliable environment for developers, businesses, and end users.

Delegators and Validator Rewards

One of the strengths of Bahamut’s staking model is that it doesn’t limit participation to those capable of running validator nodes. Token holders who may not have the technical resources can still contribute by becoming delegators.

• Validators are responsible for producing blocks, validating transactions, and ensuring network performance. In return, they receive staking rewards and transaction fees.
• Delegators stake their FTN by assigning it to validators. They share in the rewards proportionally, without needing to manage the infrastructure themselves.

This system balances accessibility with responsibility, enabling anyone holding FTN to support network decentralization while earning passive income.

PoSA: Incentivizing Activity and Fair Consensus

What truly sets Bahamut apart is its Proof of Stake and Activity (PoSA) consensus mechanism. Unlike traditional Proof of Stake, PoSA doesn’t rely solely on token ownership to determine validator influence. Instead, it incorporates activity as a core metric.

Validators who generate more activity—by deploying dApps or executing smart contracts that drive network usage—are rewarded with higher chances of block validation. This ensures that not only wealth but also contribution to ecosystem growth play a role in securing the network.

The benefits of PoSA include:

• Fairer participation by balancing economic stake with active contributions.
• Encouragement for developers to build impactful applications that increase blockchain usage.
• Sustainable growth occurs when incentives align with both security and innovation.

Staking FTN is not just about earning rewards—it is about strengthening Bahamut as a decentralized, secure, and thriving ecosystem. With tens of millions of FTN staked, active participation from delegators and validators, and a consensus model that rewards contribution, Bahamut is well-positioned to support the next generation of Web3 applications. Through staking and PoSA, FTN ensures that the network remains resilient, fair, and aligned with long-term growth.

Adoption and Ecosystem Growth of FTN

Fasttoken (FTN), the native token of the Bahamut blockchain, is quickly establishing itself as more than just another digital asset. Its adoption across gaming, commerce, exchanges, and global payment providers highlights a trajectory of strong ecosystem growth. Backed by the Fastex ecosystem, FTN is creating a foundation for scalable, real-world use while attracting developers, businesses, and everyday users into the Web3 space.

FTN in Gaming and Commerce

One of FTN’s most notable achievements is its integration into 300+ websites across gaming, e-commerce, and digital services. By serving as a payment solution for in-game purchases, digital goods, and merchant transactions, FTN extends its reach into mainstream industries that are often the entry point for mass crypto adoption.

This adoption brings several advantages:

• Seamless in-game economies where players can trade or purchase assets using FTN.
• Frictionless e-commerce payments with faster settlement times than traditional processors.
• Borderless access, allowing users to transact globally without currency conversion hurdles.

By embedding itself within industries already experiencing rapid digital transformation, FTN positions itself as a practical utility token with broad appeal.

Exchange Listings and Market Liquidity

For any blockchain token, liquidity is a crucial factor in driving adoption. FTN has secured listings on 16+ global exchanges, including well-known platforms like Gate.io, MEXC, and Bitget. These listings ensure that users worldwide can buy, sell, and trade FTN with ease, while also supporting deeper liquidity pools.

The benefits of these listings include:

• Global accessibility for retail and institutional investors.
• Price discovery through higher trading volume and competitive markets.
• Onboarding ease, as users can acquire FTN through multiple trusted platforms.

By establishing liquidity across reputable exchanges, FTN enhances trust and confidence in its long-term viability.

Powered by the Fastex Ecosystem

A key driver of FTN’s adoption is its integration with the broader Fastex ecosystem. Fastex provides infrastructure, platforms, and support mechanisms that help accelerate blockchain innovation. Through initiatives such as Web3 grants, the ecosystem empowers developers and startups to build on Bahamut using FTN as their utility backbone.

This creates a cycle of growth where:

• Developers are incentivized to build decentralized applications.
• Businesses can leverage blockchain infrastructure without high barriers to entry.
• FTN demand increases as new dApps and services rely on it for gas fees and payments.

By aligning FTN with Fastex’s vision, the token extends beyond a technical role into being a cornerstone of Web3 development.

A Growing Global Community

Adoption is not only measured by integrations and listings but also by the strength of its community. Today, FTN is supported by a global base of over 50,000 holders, reflecting trust in its utility and long-term potential. This active community contributes to:

• Decentralization, as tokens are distributed among a wide network of users.
• Engagement, with community-driven governance and participation in ecosystem growth.
• Awareness, as grassroots support, fuels advocacy and global recognition.

The community acts as both a support system and a growth engine, ensuring that FTN remains dynamic and user-focused.

Fasttoken’s adoption story showcases a token that bridges real-world utility with blockchain innovation. From 300+ websites in gaming and commerce, to 16+ exchange listings, to backing from the Fastex ecosystem, and a 50,000-strong community, FTN is carving out a strong position in the Web3 economy. With expanding integrations and increasing developer support, the token’s ecosystem growth points toward a sustainable future as both a utility asset and a driver of blockchain innovation.