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Phantom Squashes Airdrop Buzz with Clear Statement

by Catatonic Times
January 6, 2025
in Blockchain
Reading Time: 3 mins read
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Cryptocurrency pockets Phantom has denied rumors of making a brand new token, particularly one tied to its upcoming social discovery function. 

On-line discussions advised customers would possibly obtain tokens for connecting with others by the brand new device. Nevertheless, in an X submit on January 4, Phantom clarified that it has no plans to launch a token, regardless of the hypothesis.

“We have seen some hypothesis about an airdrop tied to this function, so to make clear: we should not have any plans to launch a token”, the corporate said.

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Regardless of the rumors, Phantom expressed enthusiasm in regards to the social discovery function, stating, “However we’re extremely enthusiastic about social discovery on Phantom and are actively engaged on methods to make it one thing everybody loves”.

The social discovery function, introduced on December 19, will enable customers to create profiles, add mates, and select from three privateness choices: public, personal, or invisible.

Launched in 2021, Phantom was created by Brandon Millman, Chris Kalani, and Francesco Agost. By April final yr, it had attracted 7 million month-to-month energetic customers. The pockets is designed to present customers full management over their personal keys and digital belongings, together with non-fungible tokens (NFTs).

Lately, OpenSea’s registration within the Cayman Islands has sparked rumors a few potential token launch. What did the group members say? Learn the total story.

Aaron S. Editor-In-Chief

Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Warfare II period.With near a decade of expertise within the FinTech business, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for all the things and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the house as we all know it, and make it extra approachable to finish novices.Aaron has been quoted by a number of established retailers, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market tendencies, and in search of the following supernova.



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