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Solana’s Phantom Wallet: What’s the whole matter?<br />
Yesterday, Solana wallet announced their NFT drop featuring 7,000<br />
collectables. This drop was part of a collaboration with the Solana<br />
NFT marketplace, Magic Eden.<br />
Originally, the plan was to conduct an NFT Dutch auction starting<br />
at the price of 8 SOL, with a decrease of 0.25 SOL every 10 minutes<br />
until all NFTs sold out.<br />
Subsequently, users shared their frustration towards the whole<br />
scenario.<br />
Twitter user 0xMav wrote “web2: get paid to test apps web3: pay<br />
to test apps”. By the same token, other users addressed that the<br />
NFT release might go against Apple’s App store rule, which states<br />
beta products “cannot be distributed to testers in exchange for<br />
compensation of any kind, including as a reward for crowdsource<br />
funding.<br />
Phantom also mentioned it “never meant to alienate anyone and<br />
never intended on profiting from the auction in any way.”<br />
At last, Solana’s wallet Phantom decided to change its approach.<br />
Given that, Phantom distributed 1,000 free invites which ran out<br />
within minutes. However, the remaining invites will be sent out<br />
throughout this week. So keep an eye out!<br />
That’s not it; Phantom also pledged to donate $200,009 worth of<br />
SOL to a tech-focused non-profit, “Girls Who Code” Despite the<br />
backlash, Phantom has been performing well with over 1.8 million<br />
monthly active users. Solana will launch Phantom’s iOS app properly<br />
in early 2022.<br />
<strong>SHILL</strong> <strong>Issue</strong> #<strong>27</strong> 29
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