FOMO is a leading Layer 1 Proof-of-Stake Network with superior throughput, speed and infinite scalability.
FOMO is seamlessly interoperable between Cosmos, EVM and WASM enabling developers to choose their environment and language. The only chain to support multiple languages in a single Layer 1 solution such as Rust and Solidity.
FOMO Network utilises the chain to ensure that our social network and all corresponding data will be decentralized.
Powered by the lightning fast Tendermint and secured by a decentralized open source network.
FOMO Chain is built on Tendermint Proof-of-Stake consensus mechanism.
Tendermint consensus engine allows for high performance, scalability and with a superior Time-to-Finality.
FOMO is supporting fast block generations, below <1 second.
The consensus mechanism utilize single block finality, and transaction speeds of 10,000 per second.
This can be compared to Ethereum Network which generates blocks every 12 seconds, a TTF of 12 minutes and TPS of 15.
FOMO Network Price Analysis
As of November 24 2024 FOMO Network has a marketcap of $46K.
This is {{percentagefromath}} from its all time high of $0.062829.
In terms of its tokenomics, there's a total supply of 498M with 97% currently outstanding.
Keep in mind FOMO Network has a fully diluted value of $47K which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
