Introduction
As most of you probably know, relying on third party services for something as critical and personal as email is dangerous. Companies can be hacked, bankruptcies can happen and government entities can force access into emails. It has already happened and is not only hypothetical.
In addition, for those who create digital content such as videos, games, music and other monetized content, giving up a large percentage of their revenue can be very discouraging. Moreover, content creators are fully tied to the platform holders who often do drastic rule changes that lower their revenues.
Phantasma brings a decentralized content distribution system running on the blockchain, with strong emphasis on privacy and security, enabling censorshipless distribution of digital content.
There are a lot of things I could say about this project, but your attention is a scarce resource. Therefore I will summarize the main things you need to know in my opinion. After that you can dig further in the website, whitepaper, etc.
Comparison
Some people may argue Phantasma is only a new competitor in the scene, but it is a wrong assumption. In the table below you can find a comparison of different distributed ledger solutions which shows why Phantasma is different.
As we can see, Phantasma is a comprehensive solution that will most likely play a dominant position in the game.
More information can be found at Phantasma's website: https://phantasma.io/
Team
The all-star team is comprised of a couple developers from City of Zion initiative: Sérgio Flores and Bruno Freitas.
Sérgio Flores is one of the co-founders and has already developed several blockchain applications that are currently running, including a game that runs on top of NEO blockchain.
Demo
There is an available demo on GitHub: https://phantasma.io/#demo
An interesting thing is the fact that Phantasma participated in the prestigious dApp competition organized by City of Zion and was chosen as one of the top 10 winners (ranked 5th).
Next Steps
Fair enough! The product is valuable, possible and the team is surely able to deliver it. So what are the following steps after the token sale?
Disclaimer
Remember to do your own due diligence and invest carefully! This is not financial advice. Do not invest more than you can afford to lose.
Thanks for reading!