Dear Souldiers,
First of all we would like to thank you for your patience. The Phantasma blockchain itself is ready for launch, it has been for a while now. In this final official update before we launch the main net, we wish to communicate that we have been working to improve and test the tokenswap within Phantasma app for the past week. We can confirm that we have successfully managed to consistently perform the tokenswap and stake SOUL. Our partners at MyCryptoSpirit.com have released a demo (click here!) as a proof of concept to showcase how to successfully set-up a wallet, how the tokenswap is performed and how to stake within the Phantasma app. The tokenswap is fully automated.
Since the tokenswap is an interaction between two different blockchains, it requires two separate confirmations from the user for both sides after the NEO wallet has been linked with their Phantasma wallet. One confirmation to make the NEP5 SOUL transaction and one confirmation to receive the native SOUL coins on the Phantasma wallet. In the ideal situation we would have launched the blockchain already, but there is a slight issue here what might confuse users if the app gets shut down before the final confirmation (at own hands or technical difficulties of the phone). If the app shuts down, and only if it shuts down, before the final confirmation, the remainder of the tokenswap process (last confirmation) — at current state — will not be performed automatically anymore. Instead, it will be a manual process where the users needs to enter the script hash to release the tokens to their Phantasma Wallet, this is a one-minute process. Note that this issue only occurs if the Phantasma app was shut down, otherwise the tokenswap would work accordingly and automatically. However, this is not the ideal situation, as hardware failures are relatively common. It is important to understand that the tokens can only be sent to your own Phantasma wallet, as you have linked your NEO wallet to the Phantasma wallet. A fix shall be implemented in the next version of the Phantasma app, in which the final confirmation still pops up even after the final confirmation was interrupted and the Phantasma app rebooted.
As we all know, the majority of the Souldiers simply want to stake SOUL and claim that SOUL Master status. In order for all Souldiers to be able to perform the tokenswap and stake, without having to wait for the new app version, we have found an alternative to satisfy our loyal community. To protect our users from the misunderstanding, prevent causing unnecessary chaos and to not discriminate Apple users from Android users, we have decided to let our users perform the initial tokenswap exclusively in a desktop wallet called Phantom Wallet, which is available upon main net launch. The Phantom Wallet, designed by Merl & Vincent, is the first place winner of Phantasma’s dApp competition and fully curated by the Phantasma team, their developers are well known contributors to NEO and Phantasma. The tokenswap in Phantom Wallet is manual and therefore not prone to confuse the users during hardware failures. The Phantom Wallet already supports the tokenswaps, however we have started spending our resources to support the developers of the Phantom Wallet to improve the tokenswap experience. Warning: do not send SOUL directly from exchanges to perform the token swap.
Rest assured that our whole team is contributing all of our time exclusively to support the developers of the Phantom Wallet. Last but not least: some of the Phantasma team members are traveling, on October 1st, to attend the Delta Summit in Malta as visitors, so we want and will do our best to deliver: Main net launch is imminent. We are nearing the finish line.
Thank you,
Team Phantasma
More info about Phantasma
Telegram Announement Channel: https://t.me/phantasma_announcements
Medium: https://medium.com/phantasticphantasma
Twitter: @phantasmachain
Reddit: https://www.reddit.com/r/phantasma
Discord: https://discord.gg/rYfajr
Instagram: https://www.instagram.com/phantasmachain/
Youtube: https://www.youtube.com/phantasmachain
— — — — — — — — — — — — — — — — — — — — — — — — — —
More info about My Crypto Spirit
Website: https://MyCryptoSpirit.com
Twitter: @MyCryptoSpirit
Youtube: https://www.youtube.com/channel/UCTGxhIBKTi5aiQUYC7cF2Hw
