Thread by @zeroproofs

Did you know this about $SOUL ?

So Phantasma is a layer 1 blockchain built from scratch which started in 2018. There is no code base fork, no copy/paste, etc.

Natively built
Phantasma has a bunch of things native to the chain, meaning it’s built into the core protocol instead..

of on top of it. For instance we have native smart contracts in which any dev can call. An example could be royalties for an NFT marketplace, sale contract, swap contract, and the list goes on. This means less work and less contracts needed to deploy on chain. Of course, we have

TOMB, which is a custom smart contract compiler in which anyone can deploy a custom smart contract as well, but no need to reinvent the wheel if we already have a native contract ready.

We have native decentralized storage on chain which users can get allocated by staking soul..

on the network. The more soul you stake, the more storage you get allocated.

Native oracle services as well, built into the chain level.

Smart NFT (article here: phantasma.io/nft/)

Smart NFT’s are also natively built into..

the chain. At a chain level, a single transaction can handle up to 20,000 NFT’s, and all nfts can be minted on demand at a very low cost.

Smart NFT’s give the ability to nest an infinite amount of fungible or non fungible tokens inside of the asset. For example, someone created

a table top role playing legacy card game called blood rune. Their sale were NFTs, but as a pack. Inside the “rare founder” is a pack that has 27 NFT characters inside of it with different stats. If I want to access the characters inside, I would burn the founder pack..

to open them and then use the cards in game. This is made possible because of nesting.

Another example is 22 Racing Series which is a high end 'Real-Time Strategy Racing' (RTS-Racing) game created by a game studio called GOATi entertainment. They also created a game hub called..

Pavillion Hub (app.pavillionhub.com/#/). With this game, you can build a hyper car made up of ~25 NFT car parts that can be built or deconstructed in game. You can then play that vehicle in game or sell for parts or as a whole car on Ghost Market, our cross chain NFT marketplace.

(ghostmarket.io). This game is currently in beta but can be played via pavillion hub as long as you own the game license NFT which you can buy on Pavillion.

Timed NFTs — you’re able to for example set an expiration on a pass for a game, preview for a movie or music..

album, etc. once the time runs out, the NFT is destroyed and you no longer have access to the product the NFT was accessing.

Metadata is stored entirely on chain: This is important because although IPFS is great, it isn’t fool proof. If for whatever reason someone fails to pay..

node hosting their metadata, the metadata essentially becomes offline and a user won’t be able to access or view their NFT until it’s paid and can pin the metadata back to the node. Being on chain, this is essentially impossible as the data is stored entirely on chain in a..

decentralized fashion. Here’s an article breaking this concept down further (medium.com/phantasticphan…).

NFT Upgradability -
ROM/RAM - Phantasma NFT information is stored on the blockchain in the form of ROM and RAM, where the ROM contains immutable core characteristics that are..

unchangeable by the NFT owner, whereas the RAM contains information that can be changed by the owner of the token (such as the name of a character in a game, or upgrading an item/character).

Metaverse (phantasma.io/the-phantasmaf…)

Interoperability:
Phantasma atm is interoperable..

between 4 external chains. Right now you can bridge bidirectional between Phantasma, Neo, Ethereum, and BSC, with more coming. Soon you’ll be able to bridge NFTs between chains. The downside to this is that any NFT bridged from Phantasma will have most of its features nerfed..

since those other chains just don’t have the capability needed to support our NFTs .

Scalability:

Phantasma has the ability to scale infinitely with a tps of 5k per side chain / parachain. All block producers rotate on a scheduled basis and would verify all txs from all side..

chains. An EVM compatible side chain is also very possible. Block time is 2 seconds, with finality.

Ghost Market:
This is our cross chain NFT marketplace that you can check out here. $GM also has some very robust features ( ghostmarket.io)

App* called Pavillion Hub (not game)