Phantom, a non-custodial cryptocurrency wallet, has just released a statement denying rumors that there will be a token airdrop.
Last month, Phantom announced that it would make its wallet more social by allowing users to customize their profiles and search for and follow friends.
In a post on social media platform X, a popular wallet with around 7 million monthly active users. says The launch of the social search feature will not include a token airdrop and there are no plans to issue its own coin.
Phantom makes the statement amid rumors that users will receive tokens for following other accounts on the platform.
“Our goal is to dramatically improve how users discover new tokens and apps by simplifying how they discover and share with friends.
There has been speculation about airdrops related to this feature, so to be clear, there are no plans to release tokens. But we’re really excited about the social discovery of Phantom and are actively working on ways to make it something everyone loves.”
The wallet also recently announced that it will be integrating with: sui network The goal is to make the smart contract platform the 6th blockchain supported by Fantom, following Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Polygon (POL), and Base.
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