Phase, a new blockchain focused on “smartphone-native” AI infrastructure, has secured a $45 million funding commitment from Kirill Eves, founder of Unlimit. The project says the money is earm
Summary
- The project says the money is earmarked for its first two years of development and would extend the company’s runway by another two years.
- Phase launched its blockchain on Thursday together with Phase Proxy, a routing service designed to help AI agents access websites through internet connections shared via smartphones.
- The company argues that this approach addresses a growing bottleneck in agentic AI: sites increasingly block or rate-limit automated traffic—especially when requests appear to originate from data centers.
- Key takeaways Phase says its $45 million commitment from Kirill Eves will fund four years of development, with the first two years covered directly by the commitment.
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