Run by the community and powered by the Fantom network, Phantom is a web3 version of Y-Combinator. A portion of Phantom’s treasury is dedicated to an Accelerator program that accepts and backs up-and-coming DeFi, Metaverse, Gaming & Education startups.
BASICS
New PHM is minted through bonding temporarily as the protocol bootstrapsfunds for the treasury.
GOVERNANCE
Phantom uses Commonwealth.im toenable on-chain governance to ensureunadulterated community ownership
REWARDS
sPHM holders are rewarded with compounded returns, increasing their sPHM balance
Accelerator Verticals
Defi
Decentralized Finance (DeFi) uses blockchain and smart contracts instead of financial intermediaries to offer crypto instruments. DeFi is quickly gaining traction in the crypto world with protocols like SushiSwap, UniSwap and others being extremely popular.
Education, Learning & Communications
Accessible education is extremely important for the progression of our industry. High-quality offerings that allows users to learn at a self-directed pace are needed in web3. There is a supply shortage of experienced talent in the industry but no shortage of ideas that need executing.
Gaming
Gaming in crypto has significantly grown in popularity recently. Play to Earn (P2E) as a concept has taken the industry by storm, although the clear winners are yet to appear. The best projects will combine sustainable tokenomics with enjoyable and addictive gameplay.
Metaverse
The Metaverse is a shared virtual space where users can engage in social activities with one another. Metaverse projects are all the rage right now, even the traditional markets are optimistic about the possibilities this tech will create - we think they are endless, but there will only be a few big winners.
Chains (L1s, L2s, zKrollups)
New chains (or tangential solutions) are a dime a dozen. What separates blockchain success from failure is a clear utility and path to market. Without mass adoption, these chains will never succeed over the long-term. Mass adoption can bring its own problems (i.e. Ethereum’s need for v2), so the initial design must be secure and scalable.
