Review on Phantasma by Gabriel Medina
Platform that solves decentralized content problems
This platform comes to be defined as a storage space or protocol for sending messages from one source to another through smart contracts. In addition, we will be able to implement chat, oracles, emails, file transfer and other message-based systems in what would be a blockchain.
Phantasma (SOUL) is a protocol that seeks to solve content distribution problems that works in a decentralized way. Therefore, it will not depend on centralized storage media. Since if we create content protected by copyright, we will not be able to obtain the due income in a centralized platform and this would even be blocked. That is why this new decentralized solution based on Blockchain appears. The SOUL cryptocurrency used by this platform is based on NEO in order to protect the privacy and security of all users who use the platform with the aforementioned content system. It also has a KCAL energy token that allows interoperability with other blockchains, making it a double token system.
In short, we have to know that this protocol uses the NEO blockchain and the cryptocurrency wallet address, in order for it to work. Basically, it will allow us to store our content in our wallet. In addition, the content will be completely encrypted, so that no one, not even the people who work on this platform, will be able to access it without permission, as a security measure for all users.
Pros
- Cryptocurrency and protocol based on the NEO blockchain as a solution for the distribution of decentralized content.
- Attractive roadmap with long-term goals and also has a professional team with a large number of experts.
- It is not subject to any central authority. It will serve for the acquisition of goods and services. Multiple associations.
Cons
- The team has apparently been absent so far and the main token is not very valuable.
