Andre Cronje says Fantom will focus on DApp ecosystem expansion in 2023
Fantom has previously pledged to cut its token burn rate by 75% to incentivize DApp development. According to a new Medium post published on Dec. 26, decentralized finance (DeFi) architect Andre Cronje reaffirmed goals and priorities for the Fantom (FTM) ecosystem in 2023. Cronje, who previously created protocols such as Yearn Finance and Keep3rV1, also revealed that he accepted a position as a board of directors member for both Fantom Foundation Ltd and Fantom Operations Ltd, which in turn oversees the namesake directed acrylic graph ecosystem . "Our overarching objective over the next 12 months will be towards creating an environment for dapp developers to build out sustainable businesses, while differentiating ourselves from other layer 1 solutions." Key points on Cronje's 2023 Fantom roadmap include gas monetization, which would allow revenue share for decentralized applications, or DApps, as a development incentive. In addition, Fantom DApps would be able to inte...