In a bid to end fragmentation in the crypto world, the open-source platform intends to support DApps from all blockchains - meaning that everyday users will no longer need to tie themselves to one community and instead access the "Best and highest-quality apps" from each network.
Over time, the platform envisages that there will be at least eight categories that DApps will fall into - including video games, gambling, communication, video, social platforms and eCommerce.
By sourcing the best DApps in each of these categories from leading blockchains, it is hoped that the blockchain-driven DApps within each of these specialties will offer benefits when compared to existing products in the marketplace today.
In a blog post, the team behind Phantasma wrote: "We will gradually increase the features and DApps on Phantasma Chain, which will be curated by the team and by the community. So if there is a high demand for a specific game orApp, we shall look into the possibilities of bringing it into our ecosystem."
As well as offering a marketplace for non-fungible tokens from different chains, Phantasma says that another main advantage of its app is automatic conversions between coins and tokens, delivering access to a plethora of services even if a user doesn't own the native currencies associated with each DApp.The platform's ecosystem uses the SOUL cryptocurrency for purchases - however, the startup has stressed that, thanks to these automatic conversions, customers who don't hold this coin will be able to pay using the likes of Ethereum or Bitcoin if they prefer.
Phantasma says a major problem facing the crypto industry right now is how users have to go through the process of heading to an exchange, fulfilling know your customer checks and converting their funds into a specific token before they can begin using a DApp.
It has already announced support for NEO and Ethereum, and the team says DApps running on EOS, TRON and other platforms will also be compatible within one single app: the Phantasma app.
Over the course of 2018, it unveiled its first dApp to developers and the public at large: PhantasmaMail, a piece of software that is designed to enable users to communicate to each other securely via its ecosystem.
Looking ahead, the first quarter of 2019 will see storage nodes rolled out to the public at large - enabling anyone with an interest in Phantasma to get involved.
A digital commerce app enabling anybody to launch their own decentralized e-shop is also tipped to launch in the second half of the new year, paving the way for a service where crypto enthusiasts have the chance to discover new DApps that may interest them.
Fewer Logins, Fewer Tokens, Less Stress: Ecosystem to Support DApps From All Blockchains
Published on Jan 3, 2019
by Cointele | Published on Coinage
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