Phantom Protocol is a next-generation “DeFi+NFT” solution that supports NFT issuance and fractional trading. For its DeFi applications, Phantom includes a cross-chain protocol that supports synthetic asset generation and NFT issuance. Utilizing smart contracts, Phantom allows individuals to build synthetic assets (pAssets) in a decentralized manner with mainstream cryptocurrencies or NFT as collateral. For its NFT part, Phantom enables users to trade fractional NFTs while also engaging in GameFi applications with platform issued NFT trading items and characters.
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