Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: oakdegirmen on September 03, 2021, 11:03:45 PM
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As we all know DEFIs are the back bone of crypto ecosystem. Regardless if you are interested in that kind of projects or not they are unavoidable and implemented in all sorts of projects. Don't get me wrong not that I'm complaining but pointing out a fact ;). Phantom is a cross-chain defi that supports numerous of networks and also helps to decrease transaction fees. Some key features that Phantom focuses as follows, NFT issuance, Synthetic Assets, Commodity pNFT, E-Sport and Game. That last one especially caught my attention. Lets see what they are actually about!
NFT Issuance
NFT can be issuanced through smart contract system and minted into pNFT Tokens, thus providing more liquidity for NFT transactions. At the same time, such NFTs can be traded on NFT exchanges to provide anchor price for the product.
Synthetic Assets
Phantom support multi-market synthetic assets expands from crypto to traditional markets such as gold, stocks, etc., Additionally, it can also support pNFTs linked to real-world commodities.
Commodity pNFT
pNFT is an type of synthetic asset created exclusively by Phantom. pNFTs are anchored in the value of real world assets. pNFTs can be further used to mint liquid, tradable pNFT tokens. Apart from trading, pNFT tokens can also reverse back to pNFT to exchange for the corresponding actual asset when they collected and burned altogether.
E-Sport and Game
Phantom is working with multiple influencers in the E-Sports market, and is exploring in-depth collaborations to combine blockchain and E-Sports. Examples of such include E-Sport Snapshot NFT and E-Sport Competition Prediction products.
Don't forget to check for yourself! Best all!