# Phase Launches Mainnet With $45 Million Commitment From Unlimit Founder

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/43636
Published: 2026-10-29T15:32:40.000Z
Updated: 2026-10-29T15:32:40.000Z
Section: Technology

> Kirill Eves’ commitment covers the project’s first two years of development, with funding support planned for two more years.

Phase launched its blockchain mainnet with a $45 million commitment from Kirill Eves, founder of payments company Unlimit, to fund development and support the project through its early years.

Phase said it has no outside investors. The commitment covers the project’s first two years of development, with funding support planned for the two years after that.