Phantasma update: SOUL Live price, price chart, news and markets

The SOUL price update as of now is $0.1098. In the previous 24 hours, its trading volume was $301,832, and its value has decreased by -0.56%. As of now, SOUL's live market cap is $6,706,062, and it is ranked as the #1320 on the Coincu. SOUL has a circulating supply of 100,631,072 and a maximum supply of 100,631,072.

About Phantasma Chain

Phantasma Chain is a revolutionary Blockchain concept developed by the Phantasma team in Q3 2017. This innovative Chain emerged victorious in the City Zion dApp competition held in Q4 2017.

The official project ICO was launched in May 2018, with the Phantasma Chain being renowned for its exceptional speed, security, and scalability. This Blockchain also solves the challenge of seamless exchange between various Blockchains.

The key objective of Phantasma is to establish an ecosystem and a Blockchain platform that fosters dApp growth, incentivizes users, and rewards content creators.

With the introduction of Dual Tokens and POS+ incentive mechanisms, the Phantasma Chain team firmly believes that their ecosystem will flourish in the future.

In May 2018, Phantasma Chain initiated its ICO, transitioning from SOUL to Dual Token, including SOUL and KCAL (Energy), due to significant reasons.

Main Features of Phantasma

POS+ Consensus Mechanism

Phantasma Blockchain employs the POS+ consensus mechanism, an enhanced version of POS (Proof of Stake). Validators who wish to participate in the network must stake a specific amount of SOUL. These Validators validate transactions within the network and receive corresponding rewards.

Impressive Transaction Speed

During testing, Phantasma Chain showcased an impressive transaction speed of up to 5,000 TPS (Transactions Per Second). Moreover, the average block time is a mere 2 seconds.

Multi-Language Support for Smart Contracts

The Phantasma team has developed the Phantasma SDK, currently supporting C# and Javascript languages. Post mainnet process, the platform will extend support to languages such as Solidity, Python, and C#.

NFT (Non-Fungible Token) Integration

Phantasma's blockchain facilitates the issuance and trading of NFT tokens, anticipating the future trend of Non-Fungible Tokens.

Limitless Side Chains

Thanks to the POS+ consensus mechanism, Phantasma Chain can accommodate multiple Side Chains. Each Side Chain has a transaction speed of 5,000 TPS, resulting in a network speed equal to the cumulative speed of all Side Chains. This remarkable scalability feature makes the Phantasma Chain network virtually limitless.

Phantasma DEX

Phantasma offers a unique solution named the Cosmic Swaps Framework, allowing users to effortlessly and securely convert tokens and coins within the network. It is important to note that this is not a conventional decentralized exchange product.

Private Space Transfers

Phantasma Chain introduces the Ghost mode, empowering users to conduct private transactions.