Exchange Phantasma (SOUL) at the Best Rates

Phantasma Crypto: Designed for Gaming, Smart NFTs, and dApp Integration

The number of entertainment crypto projects within the crypto industry continues to grow as the field keeps developing. One of the newer coins is Phantasma (SOUL), it is a fully interoperable, decentralized feature-rich blockchain. Let's delve deeper into Phantasma crypto and examine the project's key features.

Phantasma (SOUL) Overview

With a decentralized governance structure, Phantasma (SOUL) seeks to offer a quick, safe, and scalable blockchain solution that facilitates communication with other blockchains.

The primary goal of Phantasma is to develop a decentralized storage system that would allow developers to build genuinely decentralized applications on its blockchain, giving consumers access to various digital products and services in the communication, entertainment, and storage domains. Developers can deploy endless side chains with Phantasma Chain. On the Phantasma Chain, each dApp has the ability to operate independently of all other side chains on its side chain. This eliminates the possibility that, in the event of spam, a single dApp may bring down the network as a whole.

Developers can also produce digital goods for their apps and games using their Smart NFT technology, enabling users to freely exchange these goods on public markets. Though smart contracts are unable to access data from outside of their network, Phantasma is constructing a true one-stop environment on the blockchain. In order to link on-chain feeds to smart contracts, Phantasma Chain requires an accurate and trustworthy source of information. However, external information input is still occasionally necessary. Phantasma Chain has its oracle support because of this. Phantasma oracles lessen the stress on the blockchain by enabling smart contracts to read and utilize real-world data to support on-chain logic and computations. 

What Is SOUL Coin?

Phantasma crypto or SOUL, the network's governance token, grants users and developers the authority to manage network resources and select validators who stake their tokens to power the network democratically.

To ensure that the Phantasma Chain ecology continues to grow for years to come, its creators increased the maximum supply of SOUL to 94,000,000 with inflation. The inflation will only be utilized to maintain developer incentives to create dApps on Phantasma Chain and to optimize the ecosystem's quality. The monthly distribution of 125,000 SOUL to qualified Soul Masters is coded as the yearly inflation plus 3%. 

1. 1% (one-third) is allocated to Block Producers (network validators).
2. 1% (one-third) is allocated to the Phantom Force (developer community).
3. 1% (one-third) is allocated to various ecosystem incentives.

As a result, the inflation is continuous and the 1% inflation allotted for Block Producers is only reached after the network has operated for a full year. The SOUL tokens that are awarded to Block Producers for validating network transactions are distributed to each Block Producer at the beginning of each month at the same time as Soul Master rewards. Block producers will receive the ecological incentive component of the annual inflation unless it is designated for particular incentives.

It is not practical nor efficient to pay a little fee in SOUL for each transaction in order to facilitate ease of usage and widespread adoption. With the ticker KCAL, Phantasma Chain unveils Phantasma Energy, a Dual Token System. The Phantasma Chain's network resource token, called Energy (KCAL), is used to pay transaction fees for each and every transaction that takes place on the chain. Anyone that wagers SOUL will begin receiving Energy right away, which will be sent to their preferred public Phantasma address. After staking SOUL, you can immediately begin using Phantasma Chain by obtaining Energy.

Phantasma NFTs and Use Cases

A number of advanced features are supported by Phantasma Smart NFTs, such as multilayered NFTs, on-demand NFT minting, infusion of various assets, infusing NFTs into NFTs, and nesting of NFTs, which is the process of repeatedly infusing distinct non-fungible tokens into one another. Phantasma aims to be at the forefront of this acceptance, enabling NFTs from all other blockchains with our very own NFT Marketplace.

Possible use cases for Phantasma include:

1. Video games
2. Data
3. Communication
4. eCommerce
5. Media

The introduction of multiple projects onto the network has been one of the most significant outcomes to emerge from the Phantasma ecosystem. These include the NFT marketplace GhostMarkets, the mobile game Ghost Festival, and the role-playing card game Blood Rune.

The GhostMarket NFT marketplace will be able to use its GM token to transact across the six networks that GhostMarket supports, including Ethereum, and is presently holding its first decentralized exchange offering (IDO) on Flamingo Finance.

Phantasma (SOUL) Price Prediction

Different crypto experts provide different Phantasma (SOUL) coin price predictions. For instance, DigitalCoinPrice believes that the coin will gradually rise in price: according to their estimations, by 2030 SOUL crypto will reach $2.17 at its peak. PricePrediction believes that by 2030 Phantasma will do even better: according to the website’s forecasts, the coin is estimated to reach $4.19 at its highest point and $3.55 at its lowest point.

How to Buy Phantasma Coin?

StealthEX is here to help you buy SOUL coin. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 1400 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

Just go to StealthEX and follow these easy steps:

1. Choose the pair and the amount you want to exchange — for instance, BTC to SOUL. 
2. Press the “Start exchange” button.
3. Provide the recipient address to transfer your crypto to.
4. Process the transaction.
5. Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.