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Oct 29, 2026

Phase blockchain launches mainnet with $45 million commitment from Unlimit founder Kirill Eves

Phase, a new Layer 1 blockchain that enables smartphone users to earn tokens by validating transactions and supporting AI services, has launched its mainnet with a $45 million funding commitment from Unlimit founder Kirill Eves. The platform allows phone owners to share internet connections with AI agents and help run AI services in exchange for PHASE tokens.

Oct 29, 2026·2 sources
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Top claims

  • ▪Unlimit founder Kirill Eves provided a $45 million funding commitment to Phase on October 29, 2026, with Phase having no outside investors.
  • ▪Phase adjusts smartphone network participation according to the device's battery level and connectivity status.
  • ▪Phase plans to use a portion of service revenues to buy PHASE tokens on the open market to reward node operators.

Subtopics

AI agents1Compute & GPU (DePIN)1Cryptocurrencies1DePIN1Layer 1s1Proxy networks1Wireless & connectivity (DePIN)1

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