The captivating synergy between Artificial intelligence (AI) and blockchain technology
In this era of rapid AI growth and blockchain development, teams are in search of the next innovative solution to ensure successful project execution.
The Phoenix protocol, a collaborative endeavor by APEX Network and Red Pulse Phoenix, came to fruition in Q2 of 2020.
Through fusing these two entities and the strategic utilization of their standout features, they birthed a robust infrastructure tailored for enterprises and their data, now known as Phoenix Global:
Phoenix offers an array of resources for developers, providing the flexibility to optimize projects to meet specific requirements:
The Phoenix ecosystem is robust, enhancing its utility in several key ways:
Phoenix provides an array of opportunities for both users and development teams, spanning across various industries within web3. Could this be the blockchain's next groundbreaking project?
PHB serves as the native currency of this project, and its token supply experiences an annual increase of 10%. Currently, this is distributed to users in the form of staking rewards.
Once Phoenix Oracle is fully operational, new deflationary mechanisms will come into play, dividing the 10% inflation as follows:
This approach maintains price fairness while simultaneously reducing the overall circulating supply to ensure scarcity, all without impeding the project's progress.
Holders of this cryptocurrency can also enjoy the following advantages:
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