Andre Cronje's bullish tweet sends FTM token skyrocketing 13% Fantom $FTM AndreCronje
Cronje expects gas subsidies that allow users to onboard without needing FTM to launch between Q2 and Q3 of 2023. Like base-layer account abstraction, which allows wallets to be owned by normal Web2, this might launch between Q3 and Q4 of 2023. Cronje also mentioned gas monetization, which would introduce a new revenue source to Fantom builders by monetizing the volume of transactions generated by their dApps.
Fantom's governance proposal to bring gas monetization to successful dApps just passed at the start of 2023, as reported byCronje's post is a sequel to that made in late December, where he highlighted the goals and priorities for the Fantom ecosystem in 2023. In the December post, he also disclosed that he was formally nominated and thus accepted a position as a member of the Board of Directors for both Fantom Foundation Ltd and Fantom Operations Ltd.
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