Phala Network

Phala Network acts as the Execution Layer for Web3 AI. By allowing AI to comprehend and interact with blockchain technology, it removes hurdles for the first billion users to enter the Web3 space.

Phala Network's multi-proof framework offers a solution to the AI execution challenge. You can easily develop tamper-resistant and unstoppable AI Agents that are seamlessly connected with on-chain smart contracts through the AI-Agent Contract on the Phala Network.

1. Transform smart contracts into agents: Use natural and programming languages to create AI Agents for smart contracts.
2. Link to a network of multi-agents: Provide access for your agents to other cross-chain AI Agents.
3. Deploy AI Agents and earn incentives: Take ownership of your agents and establish a profitable token economy.

It is powered by the largest TEE network, ensuring full transparency while safeguarding privacy.

As an execution layer for AI, Phala Network offers numerous benefits for those interested in creating Web3 services using AI:

- Transform Smart Contracts into Agents: Design AI Agents centered around smart contracts for popular Web3 services and contracts.
- Decentralized and Inherently Private: Supported by the largest TEE network, fully transparent and privacy-focused.
- Incentivization: Receive funding and profits through Agent Wars with innovative ideas.
- Highly Capable: Code with fully customizable Javascript and WASM runtime.
- Extensive Integration: Includes OpenAI, LangChain, io.net, and more.

The total supply is capped at 1 billion PHA. As of May 29th, 2024, there are 724,199,827 PHA tokens in circulation. Keep in mind that the circulating supply is subject to change. For the latest figures, please visit the API here.

- Marvin Tong: CEO of HashForest Technologies, previously a Senior Product Manager at Tencent and Didi. 【X】【LinkedIn】
- Hang Yin: CTO of HashForest Technologies, founder and lead developer of Bitcoin Gold, with a background as a Senior Developer at Google and over 10 years of coding experience. 【X】【LinkedIn】【Github】

PHA, being a highly promising project within the Polkadot and EVM ecosystems, is listed on several leading exchanges, including:

- Binance
- Kraken
- OKX
- Kucoin
- Uniswap
- 1inch
- HydraDX Omnipool

For a complete list, visit here.