Analysis

MetaMask Meets New Competitor As Crypto Wallet Phantom Expands to Ethereum (ETH) and Polygon (MATIC)

Crypto pockets Phantom is increasing its companies to the Ethereum (ETH) and Polygon (MATIC) blockchains, bringing competitors to different common non-custodial wallets like MetaMask.

Asserting through Twitter, Phantom says it was based with the intention of finally increasing right into a multichain existence, beginning with the Ethereum community.

“Phantom was really based with the intent of going multichain in the direction of Ethereum, and we now have been arduous at work for months growing a pockets that makes web3 extra cohesive for each customers and builders.

And by partnering carefully with the Polygon workforce, we’re providing a first-class pockets expertise for the quickly rising variety of NFTs, video games, and apps powered by Polygon.”

Maybe referencing the collapse of FTX, Phantom says it’s clear that self-custodying crypto property is “extra necessary than ever”, however that customers are unsure about managing a number of wallets on a number of chains.

“No must toggle.

Phantom is your companion for the Ethereum, Polygon and Solana ecosystems in a single pockets.

In the identical approach folks don’t change internet browsers to entry completely different web sites, we consider web3 wants one pockets to entry what you want seamlessly.”

Phantom additionally emphasizes that the pockets might be non-fungible token (NFT) pleasant, with options like spam burning, an inventory supervisor, and the flexibility to view the NFTs inside your browser extension.

At time of writing, Phantom has a waitlist for the brand new pockets, which was beforehand solely accessible on the Solana (SOL) blockchain.

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