3 min read · Jan 24, 2024
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In a groundbreaking move, Galxe has broadened its horizons by incorporating EVM (Ethereum Virtual Machine) support not only on the Solana blockchain but also on Polygon and Ethereum. This significant integration is now available for users of the phantom wallet, opening up a new era of cross-chain accessibility and functionality.
The partnership between Galxe and Phantom Wallet marks a pivotal moment in the world of decentralized finance. By bringing EVM support to the Phantom wallet on Solana, Polygon, and Ethereum, users gain unprecedented access to a diverse range of blockchain networks, unlocking a plethora of decentralized applications, tokens, and DeFi services.
The Phantom Wallet is a leading non-custodial cryptocurrency wallet designed specifically for users of the Solana blockchain. With a focus on user-friendly design and robust security, Phantom allows users to manage their Solana-based assets seamlessly. Its integration with Galxe signifies a strategic move to expand its utility beyond Solana, enabling users to explore the broader blockchain landscape.
- Ethereum (ETH): Ethereum is a pioneering blockchain known for its smart contract functionality. As one of the largest and most established blockchain networks, Ethereum has been at the forefront of decentralized application development and token creation.
- EVM (Ethereum Virtual Machine): EVM is a computational engine that enables the execution of smart contracts on the Ethereum blockchain. Its support in the Phantom wallet means users can now interact with Ethereum-compatible decentralized applications seamlessly.
- Polygon: Formerly known as Matic Network, Polygon is a layer 2 scaling solution for Ethereum, offering faster and more cost-effective transactions. It has gained popularity for its ability to provide a seamless bridge between different blockchain networks.
Phantom Wallet:
- Phantom is renowned for its user-friendly interface and secure storage capabilities.
- It is a non-custodial wallet, meaning users retain control of their private keys and assets.
- The wallet’s integration with multiple blockchains aligns with its commitment to providing users with a comprehensive and versatile crypto experience.
Galxe:
- Galxe is a leading platform for building Web3 communities, boasting over 14 million unique users.
- The platform has played a crucial role in the growth of various blockchain networks, collaborating with more than 4000 partners through reward-based loyalty programs.
- The incorporation of EVM support in partnership with Phantom further establishes Galxe as a hub for cross-chain interoperability.
The collaboration between Galxe and Phantom, now with extended EVM support, is a significant step towards achieving a seamless and interconnected blockchain ecosystem. Users can link their Phantom wallets to Galxe and participate in campaigns that transcends the boundaries of individual blockchains. This integration not only enhances accessibility but also signifies a collective effort towards shaping the future of decentralized finance. As the crypto space continues to evolve, partnerships like these pave the way for a more interconnected and user-centric decentralized future.
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