What Is Phantasma (SOUL)?
SOUL is the native token of Phantasma, which is a blockchain that provides users with crypto-based gaming, decentralized applications (dApps), non-fungible tokens (NFTs), and so on. If you want to see the live SOUL price, check out the Phantasma price chart featured above.
In terms of gaming, Phantasma provides gamers with Pavillion game hub by GOATi. It’s a game development hub that supplies Phantasma with games, as well as allows developers to build their own games. Developers who decide to build their games through Phantasma are able to earn royalties on every second sale of their game licenses. Besides, Phantasma enables developers to make their assets compatible across different games.
Talking about assets, Phantasma has a built-in NFT functionality, which makes it easier to program smart contracts for Smart NFTs. Smart NFTs are one of the highlights of the Phantasma crypto project. They are created with the unique concept of NFT metadata, they can be composed of multiple NFTs, they can be timed, infused with assets, and so on. In essence, Smart NFTs are dynamic NFTs with functionalities that can be altered based on the intended purpose of that certain NFT.
Besides, it’s important to note that, apart from the SOUL coin, there’s also another native Phantasma coin called KCAL. The latter is used to cover transaction fees, mint NFTs, and deploy smart contracts.
Use Cases of SOUL Tokens
SOUL is one of two native Phantasma tokens. Its primary use case is governance. Users who stake SOUL tokens are able to participate in the decision-making processes and decide on the further development of the Phantasma crypto project. Besides that, SOUL tokens allow holders to earn KCAL on a daily basis.
Additionally, there’s a dApp called Phantasma Pharming, which is a native cross-chain liquidity incentivization protocol. It rewards users with SOUL and KCAL tokens for providing liquidity on Uniswap and Pancakeswap.
Just keep in mind that the SOUL price can get quite volatile, which is how it usually is with most crypto assets. Thus, before making any purchasing decisions, don’t forget to take a look at the Phantasma price chart featured above.
These are the project's quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project.
Followers
43.34K
Followers: 43,341
0.07%
Following
1,260
0.24%
Posts count
6,655
0.12%
These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.
Subscribers
-
Subreddit type
-
Moderators
-
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These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.
Members
5.86K
Members: 5,869
0.63%
Title
Phantasma Chain
These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.
Website Rating (DR)
34 / 100
0.00%
Ahrefs Rank
2,335,685
3.10%
Organic Traffic (mo.)
0
These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.
Public repos
58
Type
Organization
These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
Stars
-
Watchers
-
Forks
-
Language
-
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Phantasma hot topics
Currently, official Phantasma Reddit account doesn't exist or wasn't submitted. 🔆 Submit Now
@phantasmachain posts