On-chain Identity System Phi to Launch Token in September
BlockBeats News, August 8 — According to official sources, the on-chain identity system Phi will launch its token in September, with the ticker PHI.
On November 5 last year, Phi announced the completion of a new round of strategic financing, led by Neoclassic Capital, with participation from Decima Fund, Cyber, PAKA fund, and Incubate Fund.
This marks Phi’s second round of financing, following a $2 million seed round in 2022 led by ChapterOne and Delphi Digital. The new funds will be used to build a decentralized authentication system dedicated to on-chain identity.
Phi was founded in January 2022 and launched its first product, Phi Land, a social metaverse that visualizes on-chain activities on ENS, designed by pixel artist eBoy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
November was the second worst month for Bitcoin this year, with spot ETF recording a $3.48 billion outflow.
Trending news
MoreCrypto prices
More
