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Unlimit founder backs Phase blockchain with $45M as mainnet launches

Phase, a new blockchain, lets smartphone users earn PHASE tokens by validating transactions and sharing internet connections with AI agents through its Phase Proxy service, which launched alongside the chain. Unlimit founder Kirill Eves has committed $45 million, covering the first two years of development with another two years of runway, and the company says it has no outside investors. Eves argues that websites often block automated traffic from data centers, so agents need connections from consumer devices, and current flagship smartphones can deliver approximately 35–45 TOPS of AI processing. Phase plans AI computing and multi-model routing services in November, and part of their revenue will buy PHASE on the open market to reward node operators.

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