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

Crypto wallet Phantom is broadening its services to the Ethereum (ETH) and Polygon (MATIC) blockchains, bringing competitors to other popular non-custodial wallets like MetaMask.

Revealing through Twitter, Phantom states it was established with the intent of ultimately broadening into a multichain presence, beginning with the Ethereum network.

“Phantom was really established with the intent of going multichain towards Ethereum, and we have actually been hard at work for months establishing a wallet that makes web3 more cohesive for both users and designers.

And by partnering carefully with the Polygon group, we’re providing a superior wallet experience for the quickly growing variety of NFTs, video games, and apps powered by Polygon.”

Possibly referencing the collapse of FTX, Phantom states it’s clear that self-custodying crypto possessions is “more crucial than ever”, however that users doubt about handling numerous wallets on numerous chains.

“No requirement to toggle.

Phantom is your buddy for the Ethereum, Polygon and Solana environments in a single wallet.

In the exact same method individuals do not change web internet browsers to gain access to various sites, our company believe web3 requires one wallet to gain access to what you require effortlessly.”

Phantom likewise highlights that the wallet will be non-fungible token (NFT) friendly, with functions like spam burning, a listing supervisor, and the capability to see the NFTs within your web browser extension.

Sometimes of composing, Phantom has a waitlist for the brand-new wallet, which was formerly just readily available on the Solana (SOL) blockchain.

Included Image: Shutterstock/Bisams