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Phantom Squashes Airdrop Buzz with Clear Statement

January 7, 2025
in Crypto Updates
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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 recommended customers may obtain tokens for connecting with others by the brand new software. Nevertheless, in an X publish 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 would not have any plans to launch a token”, the corporate acknowledged.

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Regardless of the rumors, Phantom expressed enthusiasm concerning 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 permit customers to create profiles, add mates, and select from three privateness choices: public, non-public, or invisible.

Launched in 2021, Phantom was created by Brandon Millman, Chris Kalani, and Francesco Agost. By April final 12 months, it had attracted 7 million month-to-month energetic customers. The pockets is designed to offer customers full management over their non-public keys and digital belongings, together with non-fungible tokens (NFTs).

Just lately, OpenSea’s registration within the Cayman Islands has sparked rumors a few potential token launch. What did the group members say? Learn the complete 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 Conflict II period.With near a decade of expertise within the FinTech trade, Aaron understands all the largest points and struggles that crypto lovers face. He’s a passionate analyst who is anxious with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and trade newcomers.Aaron is the go-to particular person for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the area as we all know it, and make it extra approachable to finish rookies.Aaron has been quoted by a number of established shops, and is a printed creator himself. Even throughout his free time, he enjoys researching the market developments, and on the lookout for the subsequent supernova.



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