COINTELEGRAPH · 2026-10-29 12:30 UTC

Unlimit founder backs Phase blockchain with $45M as mainnet launches

Phase blockchain launched with $45M funding commitment from Unlimit founder Kirill Eves, covering four years of development. Phase Proxy routes AI agents' web requests through smartphone internet connections; smartphone users earn PHASE tokens by validating blocks and sharing connectivity. Phase plans to launch AI computing services in November, allowing smartphones to contribute processing power; revenue from services will fund PHASE token purchases to reward node operators.

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