Phantasma Utility: Your all-access pass to the future of blockchain content interaction, offering seamless dApps, smart contracts, privacy, and user-friendliness
SOUL tokens are used to pay for transactions and smart contract executions on the network.
By staking SOUL tokens, users can earn KCAL, another token within the Phantasma ecosystem that is used as energy.
SOUL is needed to access and interact with various dApps on the Phantasma blockchain.
Phantasma: Uniting Blockchain and Content for a Boundless Future
Phantasma is a blockchain solution designed for next-gen content distribution. Going beyond simple transactions, Phantasma emphasizes on providing a platform where users can seamlessly access a broad array of decentralized applications (dApps), all with an emphasis on content sharing and decentralized storage.
With its unique token system, smart contracts, and innovative approach to chain interoperability, Phantasma aims to revolutionize the way we perceive content on the blockchain, ensuring privacy, scalability, and an intuitive user experience. Dive into the Phantasma realm, where blockchain meets content in an unprecedented fashion!
Read MoreSOUL is the native token of the Phantasma blockchain, utilized for various functions within the ecosystem.
The total supply of SOUL is fixed, ensuring scarcity and adding potential value over time.
- SOUL functions as the primary governance and utility token.
- KCAL, which is generated by staking SOUL, is used as energy for executing operations on the network.
Users who stake SOUL not only generate KCAL but also may be eligible for additional rewards or privileges within the ecosystem.
The distribution might have been divided among public sale, team allocation, development fund, partnerships, and community incentives. Specific percentages would be best sourced from official Phantasma documentation.
Emphasis on regular audits and security checks to ensure the robustness of the Phantasma blockchain and safety of its holders.
Continuous developments to onboard more dApps, ensure chain interoperability, and expand the ecosystem's reach.