Phantom
Phantom is a self-custodial cryptocurrency wallet that supports multiple blockchain networks and offers advanced features for managing tokens and NFTs.
Blockchain Networks Supported by Phantom
Phantom supports multiple prominent blockchain networks including Solana, Ethereum, and Polygon. This allows users to manage digital assets across these networks directly within the Phantom wallet. By supporting these networks, Phantom provides flexibility and convenience for users who engage in diverse blockchain ecosystems.
Phantom Wallet Features
Phantom offers a self-custodial wallet where users control their funds entirely, with no access granted to the company. Users can manage NFTs by pinning, hiding, burning, and listing them through the wallet interface. Token swapping is enabled directly within the wallet, making transactions seamless. Additionally, users can store, stake, and earn rewards on their tokens, enhancing the wallet's utility. The platform also provides scam detection features to flag potentially malicious transactions, adding a layer of security.
Security Enhancements in Phantom Wallet
For enhanced security, Phantom supports connections with Ledger hardware wallets. This integration offers an additional layer of protection for users' digital assets. Available both as a browser extension and on mobile devices, Phantom ensures that users can manage their digital assets securely and conveniently across various platforms.
Phantom User Base and Trust
Phantom is trusted by over 3 million users, which demonstrates its reliability and popularity in the crypto space. The platform's features and security measures have made it a favored choice among crypto enthusiasts. The broad user base contributes to a thriving community and continuous trust in Phantom's offerings.
Phantom Funding and Investors
In July 2021, Phantom successfully raised $9M in Series A funding. The funding round was led by notable investors including a16z, Variant, and Jump Capital. This financial backing underscores the confidence investors have in Phantom's potential to innovate and grow in the cryptocurrency wallet space.