Onchain Chronicles

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Unlimit founder invests $45M in Phase blockchain as mainnet launches

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

CoinTelegraph

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.

Why it matters

This development signals growing institutional interest in decentralized infrastructure projects like Phase. The integration of AI agent interaction into a blockchain network presents new paradigms for decentralized resource utilization. Readers should watch how this model scales within the broader L2 and DeFi ecosystem.

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