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bitcoin newsOct 29, 2026AI summary

Unlimit Founder Backs Phase With $45M as Mainnet Goes Live

Edited by Steinar Vigdel Kolnes, Editor, Oslo

Phase has launched its mainnet with $45 million in backing from Unlimit’s founder, offering token rewards for smartphone-based validation and connectivity.

Unlimit Founder Backs Phase With $45M as Mainnet Goes Live

Unlimit’s founder has backed blockchain project Phase with $45 million as its mainnet goes live, according to Cointelegraph.

The network allows smartphone owners to earn tokens by helping validate transactions, making mobile devices part of its blockchain infrastructure.

Users can also receive tokens for sharing their internet connections with AI agents, adding a connectivity role alongside transaction validation.

Source: Cointelegraph

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