According to official news, the on-chain identity system @phi will issue tokens in September, with the token named PHI.
On November 5th last year, the on-chain identity system 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 is Phi's second round of financing following the $2 million seed round led by ChapterOne and Delphi Digital in 2022. The new funding will be used to build a decentralized authentication system specifically for on-chain identity.
Phi was founded in January 2022 and launched its first product, Phi Land, which is a social metaverse that visualizes on-chain activities on ENS, designed by pixel artist eBoy.
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