Phantom, one of the in style non-custodial wallets for the Solana (SOL) ecosystem, makes issues clear about its alleged airdrop ambitions. As a substitute of a governance token launch and airdrop, the protocol will stay centered on enhancing its social features and higher person expertise.
Now official: No Phantom token in plans, group says
Phantom, a mainstream multi-currency non-custodial pockets, denies rumors of a token launch and airdrop for the neighborhood. The potential airdrop was allegedly related to Phantom’s brand-new social discovery features, the group said on X.
We’re thrilled by the passion for following customers on Phantom!
It is an enormous step for us towards making crypto extra private and user-friendly. By simplifying the way you share and uncover with pals, we purpose to dramatically enhance how customers discover new tokens and apps.
We have seen…
— Phantom (@phantom) January 3, 2025
As per the assertion posted on Phantom’s account with virtually 740,000 followers, the group seen the speculations about an airdrop tied to the novel social discovery module. The SocialFi operate permits Phantom prospects to comply with one another and socialize whereas buying and selling crypto and NFTs.
The instrument is about to make crypto experiences extra private and user-friendly. As a substitute of launching an airdrop, the group might be centered on advancing social discovery on Phantom and making it appropriate for each new and present person.
This, in flip, will streamline the best way of discovering new cryptocurrencies and decentralized purposes (dApps) whereas utilizing Phantom.
Associated
As lined by U.Immediately beforehand, Phantom built-in Sui (SUI) blockchain help a month in the past. The move-based blockchain turned accessible to 7 million Phantom customers.
Solana neighborhood all set for 2 main airdrops in January 2025
Regardless of Phantom’s resolution to skip the token launch and airdrop, Solanians will nonetheless be capable of take part in two large airdrop campaigns this month.
Sonic, Solana’s social layer and platform for TikTok customers on-boarding to Web3, completes its exercise campaigns Jan. 6. Eligible fans will share 7% of all SONIC emissions, the group introduced Dec. 31.
Associated
A basic snapshot has already been taken whereas some additional actions are working.
Additionally, Jupiter (JUP), a dominant Solana DeFi protocol, inches nearer to its hotly anticipated governance token airdrop. The protocol is predicted to distribute 700 million JUP within the coming weeks.