Phase, a new blockchain that lets smartphone users earn tokens by helping run AI services, has received a $45 million funding commitment from Unlimit founder Kirill Eves.
Phase announced the launch of its blockchain on Thursday alongside Phase Proxy, a service that routes AI agents’ web requests through internet connections shared via smartphones.
Phase has no outside investors, the company told Cointelegraph. Eves’ $45 million commitment covers its first two years of development and provides another two years of runway.
“Websites routinely block or rate-limit automated traffic originating from data centers, even when an agent is acting on a legitimate user request,” Eves told Cointelegraph. “As agents take on more tasks across multiple websites, these restrictions are becoming a significant barrier to their adoption.”
Internet infrastructure provider Cloudflare allows website owners to manage AI traffic. For new domains,…
