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Phantasma is a decentralized and completely interoperable blockchain.With its unique staking mechanism, dual token system, long-term tokenomics concept, and advanced environmentally friendly smartNFTs,the blockchain is intended for use in communications, entertainment, marketplaces, and on-chain storage solutions for dApp creators and enterprise clients. SOUL is the Phantasma blockchain's governance token, and SOUL holders are responsible for Phantasma's evolution. The square root of the quantity of SOUL the token holders stake, as well as the length of time they stake, increases their voting power, democratizing Phantasma and reducing the impact of large token holders while giving long-term supporters more weight. SOUL allows token holders to keep their tokens encrypted.