Phase Mainnet Launches, Unlimit Founder Commits $45 Million

The blockchain project Phase has announced the launch of its mainnet and secured a commitment of $45 million from Kirill Eves, the founder of payment company Unlimit. Phase stated that there are currently no external investors, and this funding will cover its development costs for the first two years and support operations for the next two years. Phase also launched the Phase Proxy service, which routes AI Agent network requests through internet connections shared by smartphone users. Users can participate in block validation and share network connections through the Phase app to earn PHASE token rewards. The project plans to launch AI computing power services and cross-model request routing services in November, and a portion of the service revenue will be used to purchase PHASE on the open market to reward node operators.

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