Phantom Wallet Announces To Add Ethereum And Polygon Blockchain Support

Phantom, a Solana-centric crypto wallet, is expanding its support to two additional blockchains, Ethereum and Polygon, the firm exclusively revealed to TechCrunch.

Phantom is increasing customers’ access from Solana to all three ecosystems by adding support for Ethereum and Polygon, according to Brandom Millman, CEO and co-founder of Phantom. “We want to connect communities from across Web3 together with a safe and simple self-custody product appropriate for general adoption.”

The new Ethereum and Polygon integrations are already available in beta mode on platform’s browser as well as iOS and Android apps, with a public launch planned for the first quarter of 2023, according to Millman. This means that users can trade, receive, and swap tokens in its wallet while also collecting NFTs from all three blockchains.

According to the announcement, the Phantom team will collaborate closely with Polygon to develop a wallet compatible with the layer-2 blockchain environment. “Working with Phantom will enable us to offer a feature-rich wallet that is ready for mainstream consumers to utilize when interacting with Polygon-powered apps,” said Ryan Wyatt, CEO of Polygon Studios.

Through automated alerts of potentially dangerous transactions or websites that could compromise people’ wallets, assets, or permissions, the non-custodial wallet also wants to focus on security and safeguard users against spam NFTs and phishing attempts.

In the long run, Millman believes Phantom will become the “onboarding and discovery point for users accessing web3,” just how Google Chrome has become synonymous with the internet or Web 2.0. “That’s our goal with Phantom for Web3: if a user wants to interact with web3, we want them to download our app first.” That is our objective and our compass.”

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Website: coincu.com

Chubbi

Coincu News