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

With the mainnet launch approaching, Unlimit's founder has provided $45 million in backing for the Phase blockchain.

This novel network architecture enables individuals who possess smartphones to gain tokens by participating in two primary activities: validating network transactions and providing internet connectivity to artificial intelligence agents.

The introduction of this system signifies a shift in how decentralized infrastructure services are monetized, allowing smartphone owners to participate directly in network operations and resource sharing.

This development reflects a broader trend within the decentralized ecosystem where novel mechanisms are being engineered to incentivize participation and utility across Layer 2 solutions and related protocols.