Phoenix (PHB)
Blockchain Infrastructure Empowering Intelligent Web3 Applications.- Phoenix is a full blockchain infrastructure platform for intelligent Web3 applications
- Phoenix provides a blockchain-native solution for scaling data-intensive applications and enables advanced analytics, MPC (multi-party computation), and AI capabilities for Web3 applications and dApps.
- PHB is the native token for the network. Current PHB use cases include:
- Unit of value: Serves as unit of value for all Mainnet transactions
- Layer 2 credits: Convertable to Layer 2 Data Credits for use on Computational Layer 2
- Data usage credits: Use as data usage credits for Phoenix Oracle
- Staking: Can be stakedvia Phoenix Staker
- The project consists of the following major components working in conjunction:
- Layer 1: A robust enterprise-grade EVM compatible blockchain
- Layer 2: Computational layer for scaling data, privacy and AI applications, usable with mainstream deep learning AI frameworks such as TensorFlow
- Phoenix Oracle: Integrated oracle serving as middleware for connecting real-world data
- As of November 28, 2022, the maximum token supply of PHB is 41,026,970, and the circulating supply is 37,136,774.79 (~90.50% of maximum supply).