Phantom Wallet Addresses Token Airdrop Rumors

user avatar

by Giorgi Kostiuk

2 years ago

Phantom Wallet has addressed rumors about a possible token airdrop associated with its new social update.

Phantom Sets the Record Straight

On January 3, Phantom Wallet took to X to announce that they have no plans to launch a token, despite rumors linked to their new social feature. They stated that they are working on enhancing user experience and making the platform more user-friendly.

Debunking the Rumors

Rumors spread in the X community after announcing a new feature to create profiles and manage privacy settings, suggesting token rewards for following others. Phantom quickly dispelled these rumors, clarifying they are unfounded.

Origins of the Rumors

The rumors began after a tweet by 'Slim', suggesting token rewards for following and being followed back, which caused a stir. Phantom reassured users this was a 'red herring'.

The company firmly denied any token airdrop plans, emphasizing that their goal is to make the platform more social and user-friendly without financial incentives.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

New Report Released Based on Primary Source Documentation

chest

The report is based on information released in disclosures at primary source documentation, ensuring that the information provided is accurate and reliable.

user avatarArif Mukhtar

New Report Utilizes Primary Source Documentation for Findings

chest

The latest report utilizes primary source documentation for its findings.

user avatarMaria Gutierrez

Trump Calls for Passage of Clarity Act to Boost U.S. Crypto Market

chest

President Trump called for Congress to pass the Clarity Act to establish federal rules for digital assets and maintain U.S. leadership in the crypto market.

user avatarDavid Robinson

GTA 6 Gameplay Leaks Cause Stock Decline for Take Two

chest

This week, the highly anticipated release of GTA 6 from Rockstar Games and Take Two Interactive has been marred by several gameplay leaks, causing Take Two's stock to decline over 15%.

user avatarAndrew Smith

Coinbase Refocuses Base App Strategy After Initial Setbacks

chest

Coinbase shifts its strategy for the Base App, moving away from social features to focus on trading and AI tools.

user avatarJacob Williams

Coinbase Launches Leveraged Crypto Derivatives on Base App

chest

Coinbase launches leveraged crypto derivatives on the Base App, allowing users to trade perpetual futures with up to 50x leverage.

user avatarZainab Kamara

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.