Unlimit founder backs Phase blockchain with $45M at mainnet launch
In short
Phase has launched its main network and got $45 million of backing from the founder of Unlimit. The network lets smartphone users earn tokens by helping validate transactions and sharing internet connections with AI agents.
This matters because the project is now live and has funding behind it. The report does not say how many users there are or what the tokens are worth.
What the reporting says
Phase launched its mainnet and received $45 million of backing from Unlimit’s founder, according to the reporting. The new network lets smartphone owners earn tokens for validating transactions and sharing internet connections with AI agents. The immediate significance is fresh funding and a live network launch, but the reporting does not say how the tokens are valued or how widely the system is being used.
Why it matters
Phase launched its mainnet with $45 million in backing from Unlimit’s founder. The reporting says the network rewards smartphone owners with tokens for validating transactions and sharing internet connections with AI agents. The immediate implication is that the project has moved from launch plans to a live network with funding support, though user scale, token economics and adoption are not stated.