Phase launched its blockchain on Thursday alongside Phase Proxy, a service that routes AI agents’ web requests through internet connections shared by smartphones. Unlimit founder Kirill Eves committed $45 million, covering the first two years of development and providing two additional years of runway, while Phase has no outside investors. Users of the Phase app can earn PHASE tokens by validating blocks and sharing their internet connection. In November, Phase plans to launch an AI computing service that uses smartphones, along with a service routing requests across AI models, with part of the revenue funding PHASE purchases to reward node operators.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
