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PHALA (PHA) is ranked #419 by market capitalisation, at $59.2M. Circulating supply: 848.89M PHA, out of a maximum supply of 1B. The price is 95.0% below its all-time high of $1.39, set on May 14, 2021. Categories: Artificial Intelligence (AI), Infrastructure, Smart Contract Platform, Oracle.
What Is Phala Network (PHA)? Phala Network (https://phala.network/) is the Execution Layer for Web3 AI, enabling AI to interact with blockchains and unlocking Web3 for the first billion users. Phala’s multi-proof system solves the AI execution problem, allowing you to build tamper-proof and unstoppable AI Agents that integrate with smart contracts through the AI-Agent Contract. 1.
Agentize Smart Contracts: Develop AI Agents for smart contracts using natural and programming languages. 2. Connect to Multi-Agents: Make your agents accessible to other cross-chain AI Agents. 3. Launch AI Agents and Earn: Own your agents and build a profitable token economy.
PHALA as the AI Execution Layer: Phala leverages AI Agents to interface with blockchain technology, ensuring behavior aligns with intentions and preventing fraud. Using Phala's Blockchain-TEE hybrid system, AI Agents can act like smart contracts with decentralized hosting, governance by smart contracts, protected prompts, and low latency with no gas fees.
Project description: CoinGecko (in English).