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

1 reports1 sources10/29/2026 updated

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AI overview

Kirill Eves, founder of Unlimit, committed a $45 million investment to Phase blockchain as its mainnet launched. Eves' funding covers the project's first two years of development and provides an additional two years of runway. Phase announced its mainnet launch alongside Phase Proxy, a service routing AI agents' web requests through smartphone-shared internet connections. Phase has no outside investors, according to the company's statement to Cointelegraph.

Written with AI from the reporting · updated 10/29/2026

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  1. 1Unclassified fact stationOct 29, 00:00recorded Oct 29, 20:45single sourcerevised

    Unlimit founder backs Phase blockchain with $45M as mainnet

    Read original source ↗ CointelegraphReplay this moment in the explorer
    Evidence & revisions · 1 source records
    Subject:
    Phase
    Action:
    mainnet launch
    Object:
    blockchain network
    Occurred (fact side):
    Oct 29, 00:00
    Cointelegraph ↗Report pageRevision 2 · currently revised
    Published (valid side):
    Oct 29, 20:30
    First seen (known side):
    Oct 29, 20:45
    Fact stationSingle source · one-sided claimRevised

    Copy may have been revised later; time replay is bounded. Layer labels group reading only, not causation between layers.

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Oct 29
  1. CointelegraphRelated fact: single sourceSource report revised
    Phase blockchain launches mainnet with $45M backing from Unlimit founder Kirill Eves

    Report first recorded Oct 29, 20:45

    Phase, a blockchain enabling smartphone users to earn tokens by running AI services, launched its mainnet on Thursday. Founder Kirill Eves committed $45 million to cover two years of development. Users earn PHASE tokens by validating blocks and sharing internet connections via a proxy service that routes AI agents' web requests through shared smartphone connections.

    Read original source ↗

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