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Unlimit Founder Backs Phase Blockchain With $45M

Phase's new blockchain network launches with $45 million in backing from Unlimit founder Kirill Eves to reward smartphone users.

Unlimit Founder Backs Phase Blockchain With $45M
Image: BullishMarketCap

Unlimit founder Kirill Eves is backing Phase, a newly launched blockchain network, with $45 million, according to Cointelegraph. The platform is designed to reward smartphone users for validating transactions and sharing their internet connections with artificial intelligence agents.

Network Launch and Funding

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The newly launched mainnet utilizes everyday mobile devices to support artificial intelligence services. By contributing processing power and connectivity, smartphone owners earn native tokens for their participation.

Key facts

  • Unlimit founder Kirill Eves provided $45 million in backing for Phase.
  • The blockchain mainnet has officially launched.
  • Users earn tokens by validating transactions and sharing internet connections with AI agents.
#Blockchain#AI#Funding

Source: cointelegraph.com

This article is for information only and is not investment advice. BullishMarketCap news is produced with AI assistance from public sources and reviewed by our editors; see our editorial policy. Spotted an error? Tell us.

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