Phase Launches AI-Agent Blockchain Mainnet With $45 Million Founder Backing
Key Takeaways
- •Phase has activated the mainnet of its Layer 1 blockchain, supported by $45 million in backing from founder Kirill Eves, who also founded the payments firm Unlimit.
- •The network is built to serve AI agents with connectivity, model access, computing and payments, allowing agents to settle services on-chain using stablecoins or the PHASE token under the x402 payment standard.
- •Participants can join using smartphones via app-store applications instead of specialized hardware or upfront token commitments, placing Phase in the decentralized physical infrastructure (DePIN) category.
- •Phase launched its Proxy service to broaden the websites AI agents can reach by routing traffic through mobile and residential connections, with pricing starting at 0.5 USDT per 1,000 requests plus 1 GB of traffic.
- •Phase Router and Phase Compute are planned for release in November 2026, while the company's proprietary core AI model has no announced launch date.

Phase has switched on the mainnet of its Layer 1 blockchain with $45 million in backing from founder Kirill Eves. The company says the network will provide infrastructure for AI agents, including connectivity, model access, computing and payments. The mainnet went live as of the October 29 announcement.
The launch pairs a smartphone-based participation model with a suite of agent-facing services spanning web access, model routing and decentralized computing. Eves is also the founder of Unlimit, a financial infrastructure business active in more than 180 countries that handles upward of $40 billion in payments each year, according to FinTech Global. That payments background sits close to Phase's own territory: a network in which agents pay for services on-chain. Phase says its network enlists ordinary consumer devices to help secure the blockchain while supplying bandwidth and processing capacity for its AI services.
Consumer Devices Instead of Specialized Hardware
Unlike networks that depend on specialized servers and staked tokens, Phase says participants can contribute using devices they already own, without purchasing extra equipment or committing funds upfront. Smartphones are the first supported devices, and users can join by installing the Phase app from the Apple App Store or Google Play. The consumer-device approach places Phase in the decentralized physical infrastructure, or DePIN, category, where everyday hardware stands in for dedicated data-center capacity.
Phase describes its consensus model as reputation-based. The company says the model rewards dependable contributors and selects validators at random, while the network also verifies that devices and node software are genuine, a measure Phase says is intended to prevent a small group of large operators from dominating participation.
Phase Proxy Extends Agents' Web Access
Alongside the mainnet, Phase has released Phase Proxy, a service designed to widen the range of websites that AI agents can reach. It routes agent traffic through mobile and residential connections on the network, which Phase says can help agents access sites that might otherwise refuse or limit them.
Pricing starts at 0.5 USDT for 1,000 requests plus 1 GB of traffic. Phase cited Proxyway's 2026 industry research, saying mobile proxy providers typically charge more than $5 per GB at the entry level. Those figures represent the company's comparison and describe the service's stated starting price.
Phase says two additional products are due in November 2026. Phase Router is planned as a single gateway to leading AI models, directing requests according to quality, speed and cost. Phase Compute is intended to use processing capacity from devices across the network to run open-weight models, whose trained parameters are publicly available to download and run, and provide decentralized AI inference.
The company also aims to release a proprietary AI model to serve as the platform's core intelligence. Phase says the model is designed to support sophisticated reasoning, complete complex tasks independently and manage other models. No launch date for that model has been announced.
Payments and Rewards Tied to Usage
AI agents operating on Phase can make on-chain payments using stablecoins or PHASE, the network's token. Services are billed on a pay-as-you-go basis and support the x402 payment standard, which lets payments travel with ordinary web requests, and EVM-compatible smart contracts. For autonomous software with no bank account or card of its own, that settlement layer is what allows an agent to pay for the services it consumes.
Device owners are set to receive PHASE for validating blocks, and Phase says they may earn more by supplying connectivity, inference and computing, with rewards tied to uptime, participation levels and customer demand. The company also plans to use part of its service revenue to buy PHASE on the open market and distribute those tokens to node operators according to their contributions.
That design links operator rewards to network activity and service demand, with the mainnet already running. Eves said the infrastructure behind AI agents should not belong to one company. The next stated product milestone is the planned November 2026 release of Phase Router and Phase Compute; the proprietary core model, by contrast, still has no announced launch date, making November the roadmap's nearest checkpoint.