Phantasma aims to be the simplest user-friendly platform for blockchain technology. They want to appeal to the mainstream and even to the older generation. The Phantasma Chain allows infinite side chains that can run independently so one single dApp can’t shut down the whole network whenever it is being spammed.
The blockchain allows users to allocate staking rewards to other Phantasma addresses to bring in new users. This means new users don’t need previous knowledge of blockchain technology. They can start using decentralized applications right away. Phantasma plans to implement mailboxes that will be compatible with standard email systems outside the blockchain.
It has tools and features that enable content distribution, smart NFT gaming and social connectivity. Their Smart NFTs give artists and developers limitless possibilities. The platform also provides content storage and a protocol for sending messages via smart contracts.
Phantasma Chain introduced a dual token economy that uses SOUL (governance token) and KCAL (network token). Users who stakes SOUL will immediately start receiving KCAL in a public Phantasma address of the users’ choice. As soon as they receive KCAL tokens, they can start using the Phantasma Chain.