The Fantom Foundation has just announced a partnership with Bware Labs. Bware Labs, a leading blockchain endpoint provider, has announced that it will now support the Fantom mainnet and testnet.
As a result of the collaboration, Fantom developers now have access to Bware services and can create blockchain APIs that connect their dApps to the Fantom Network. It takes less than a minute to create blockchain APIs and connect them to the Fantom network.
Fantom is experiencing rapid growth.
The collaboration with Bware comes at a time when the Fantom platform is rapidly expanding, with developers hoping to use Fantom’s ability to provide finality in less than a second and almost zero gas fees to power their decentralized applications. Furthermore, several projects have already benefited from Fantom’s EVM compatibility, using it to port over their Ethereum solutions. The Atari Chain is one such example.
The Importance of Bware Collaboration
Fantom has seen a significant increase in its on-chain statistics, which reflect the current growth on the Fantom Network. The number of unique wallet addresses on the Fantom platform has increased by over 5700%, with Fantom now processing between 300,000 and 1 Million transactions per day.
With such a rapid and unprecedented rate of growth, the collaboration with Bware Labs provides developers with an efficient way to connect to the Fantom blockchain without investing the time, money, and effort required to engineer and maintain a node.
Bware’s Summer of Expansion
Bware Labs has also had a stellar year, and their collaboration with the Fantom Foundation resulted in Bware receiving a grant that will aid the protocol in the development of their API infrastructure.
Several New Collaborations
Fantom’s announcement of the collaboration with Bware labs caps off a remarkable and enormously successful summer. Several new initiatives have been announced by the company this year, including several new partnerships, integration on the Coinbase mobile wallet, a DeFi focused incentive program worth over $350 million, and several other initiatives. As the Fantom ecosystem expands, the partnership with Bware Labs will be critical in onboarding new developers and projects.
A Rapidly Scalable Platform
The Fantom protocol is a permissionless aBFT consensus protocol-based scalable, fast, and secure EVM Layer-1 compatible platform. On Fantom, all transactions are confirmed in less than a second and at a cost of less than one cent on average. Fantom is an ideal platform for DeFi applications and other real-world use cases due to its high speed and throughput, as well as its low transaction costs.