Phantom Wallet Addresses Token Airdrop Rumors

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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.

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