MetaMask Meets New Competitor As Crypto Wallet Phantom Expands to Ethereum (ETH) and Polygon (MATIC)

Crypto wallet Phantom is expanding its services to the Ethereum (ETH) and Polygon (MATIC) blockchains, bringing competition to other popular non-custodial wallets like MetaMask.

Announcing via Twitter, Phantom says it was founded with the intention of eventually expanding into a multichain existence, starting with the Ethereum network.

“Phantom was actually founded with the intent of going multichain towards Ethereum, and we have been hard at work for months developing a wallet that makes web3 more cohesive for both users and developers.

And by partnering closely with the Polygon team, we’re offering a first-class wallet experience for the rapidly growing number of NFTs, games, and apps powered by Polygon.”

Perhaps referencing the collapse of FTX, Phantom says it’s clear that self-custodying crypto assets is “more important than ever”, but that users are uncertain about managing multiple wallets on multiple chains.

“No need to toggle.

Phantom is your companion for the Ethereum, Polygon and Solana ecosystems in a single wallet.

In the same way people don’t switch web browsers to access different websites, we believe web3 needs one wallet to access what you need seamlessly.”

Phantom also emphasizes that the wallet will be non-fungible token (NFT) friendly, with features like spam burning, a listing manager, and the ability to view the NFTs within your browser extension.

Related:  Ethereum: Understanding the Zhejiang angle in the Shanghai upgrade

At time of writing, Phantom has a waitlist for the new wallet, which was previously only available on the Solana (SOL) blockchain.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Check Price Action

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Bisams

Source link

Share this article: