Fasttoken

Fastex is proud to announce the first ever UAE blockchain - Bahamut Chain with all its components named after local traditions.The idea behind the name has been inspired by an ancient myth of the giant and invincible fish, called Bahamut. The blockchain platform has been developed to provide stability and firm ground for Web3-driven companies, including the Fastex ecosystem and its decentralized and centralized applications. It&#39;s remarkable to mention that the First ticket raffle by ftNFT operates on the first UAE blockchain Bahamut.Bahamut Chain launched its Sahara Mainnet on May 3, 2023 with its execution layer Caravan and consensus layer Bedouin. Now it is possible for the network participants to rip the benefits and advantages of the network and get rewarded for their activity.With its new consensus mechanism - PoSA, Bahamut Chain emphasizes the role of the block validators and introduces a special program for everyone who wants to participate in the block creation process. It’s remarkable to note that the program offers 20480 available spots, 4000 of which have already been secured. Validators will provide security and stability of the network while getting rewards and fostering decentralization.We truly aspire to play a big role and accelerate the process of the digital transformation in the arabic world through the Bahamut Chain, and introduce a whole other side of blockchain technologies.

Fastex introduces the first-ever UAE blockchain

Fasttoken (FTN)

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