What is Phantasma?
Phantasma is a decentralized blockchain platform that offers a rich set of features and functionalities. It's designed to be used for a wide range of digital goods and services such as communication, entertainment, marketplaces, and on-chain storage solutions for dApp creators and enterprise clients.
One of the key innovations that sets Phantasma apart is its innovative staking mechanism, dual token system, and sustainable tokenomics model. This ensures that the blockchain is able to operate efficiently and effectively while providing users with a range of benefits.
Since its mainnet launch in October 2019, Phantasma has quickly established itself as the platform of choice for gaming and NFTs. This is due to its low minting and transaction fees, as well as its smartNFT technology, which has been built into the blockchain itself. Furthermore, Phantasma is committed to becoming the first carbon-negative certified blockchain, which makes it an eco-friendly choice for businesses and consumers alike.
SmartNFTs are NFTs with dynamic properties that can change based on certain conditions. This makes them ideal for game developers who want to create dynamic in-game items that are decentralized and not possible with traditional NFTs. They also allow for time-based NFTs, multi-layered NFTs, infused NFTs, and locked content within an NFT that can only be accessed by the owner of the NFT. The NFTs can be minted on-demand at a fraction of the cost compared to other blockchains.
Another advantage of Phantasma is its easy-to-use connector between dApps, wallets, and the blockchain via Phantasma Link. This allows for cross-chain interoperability with Ethereum, BSC, and NEO blockchains, and enables the platform to offer high throughput due to its infinite sidechains.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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