Upon the discovery of the ChatGPT technology, various AI projects have garnered significant attention from investors. Among the pioneer projects implementing AI and Blockchain, Phoenix Global has also showcased notable advancements. For further understanding of the Phoenix Global project, please peruse the following article presented by 247BTC.
What is Phoenix Global (PHB coin) ?
The Phoenix Global project is a blockchain initiative aimed at constructing a robust infrastructure to expand the applications of blockchain technology. Its objective is to guide users and enterprises towards non-centralized applications to enhance customer experience, as the blockchain is a rapidly developing technology.
Moreover, the project has introduced the Phoenix Oracle, which is a data processing tool capable of enhancing the inherent integrative connectivity of the applications with the real world. Essentially, this product is an intermediate software that supports users in accessing Dapps to expand their external data sources and facilitate the smooth operation of the system.
The primary features of the Phoenix Global Project
- Blockchain technology and artificial intelligence (AI): PHB has integrated blockchain technology and artificial intelligence to deliver advanced products and services, encompassing payment products, digital asset management and AI applications.
- Phoenix Chain: Phoenix has developed a public blockchain platform with the aim of creating a secure, transparent, and equitable business environment for the community.
- Phoenix Wallet: A versatile wallet enables users to store and manage various types of cryptocurrencies, including PHB tokens and other token currencies.
- Phoenix Oracle: An artificial intelligence-based solution enables developers to access and utilize data from various sources in order to build new applications or services.
- Phoenix Swap: The Phoenix Chain platform facilitates the exchange of various token currencies through a decentralized exchange (DEX), allowing users to seamlessly trade between them.
- Phoenix DeFi: A decentralized financial ecosystem built on the Phoenix Chain platform has been established, offering trading, lending, and interest-earning features.
- Phoenix Shield: A security solution has been devised to enable users to safeguard their assets and data on the Phoenix Chain platform.
The advantages inherent to the Phoenix Global project
- Integrated artificial intelligence (AI): Phoenix Global leverages artificial intelligence technology to deliver intelligent financial solutions to its users.
- Convenience: The financial technology firm, Phoenix Global, offers a sophisticated and user-friendly financial platform to its clients. This platform enables quick and hassle-free financial transactions for its users.
- Enhanced security: Phoenix Global utilizes advanced security technologies to ensure the safety and security of transactions conducted on its platform.
- Low cost: Phoenix Global offers low-cost financial solutions to its users, resulting in cost savings during platform usage. Users can benefit from the cost-effective approach provided by this project’s platform.
- Diverse ecosystem: In addition to their focus on blockchain platform development, Phoenix Global is also constructing a diverse ecosystem encompassing a multitude of products and services, ranging from user-centric applications to business solutions.
- Massive community: Phoenix Global boasts a vibrant community consisting of over 70,000 Telegram members and over 20,000 Twitter subscribers who receive regular updates on the progress of the project and opportunities to participate in Phoenix Global events.
- Clear development strategy: Phoenix Global has a specific development strategy that aids the project in achieving sustainable and effective growth. The project focuses on expanding its ecosystem, enhancing the platform’s security and reliability, and strengthening its partnerships and collaborations with investors and other stakeholders.
- Development on Binance Smart Chain platform: Phoenix Global has been developed on the Binance Smart Chain, which is a fast and efficient blockchain platform. This feature empowers Phoenix Global to process numerous transactions quickly and enables users to reduce transaction costs effectively.
The practical application of Phoenix Global’s technology
Phoenix Global could be applied in the retail industry through the creation of efficient CRM models and customer interaction based on Web 3 technology, such as:
- Financial services: Strengthening customer scoring models with AI without compromising privacy rights is a crucial imperative.
- IoT in Consumer: To enhance the differentiation and interconnectivity of existing consumer IoT applications.
- Supply chain: The enhancement of resource analysis and on-chain data processing capabilities for existing blockchain applications has been achieved.
- Healthtech: The management of personal health through smart applications utilizing analytical functions and personalized data is a significant aspect in contemporary healthcare.
- Web3 Gaming: Enhancing AI’s applicability involves utilizing reinforcement learning models for rapid response.
The fundamental details surrounding the PHB token
What is PHB Token?
PHB is a token issued by Phoenix Global to facilitate transactions on the project’s platform. Holding PHB enables users to make payments for Phoenix Global’s services or utilize it as an investment tool for the project.
Moreover, PHB usage for transaction fees on the Phoenix platform will entitle users to discounts, which will facilitate cost savings during their utilization of this project’s platform.
Phoenix Global also provides a Staking platform that enables users to Staking PHB coins and receive rewards in the form of PHB.
PHB Token Metric
- Token Name: Phoenix Global
- Token: PHB
- Blockchain: BNB Chain
- Contract: 0x0409633a72d846fc5bbe2f98d88564d35987904d
- Market Cap: $49,654,349
- Circulating Supply: 39,385,771
- Tổng cung: 39,385,771
In the future, the plan is to introduce multiple inflation reduction mechanisms to stabilize the supply of PHB. The operational idea is that once the PHB integration process with Phoenix Oracle is complete, Phoenix Staker will operate offline. Then, a redistribution of 10% inflation will occur, with 5% being redirected to support Phoenix Global users through node operation or staking, and the remaining 5% being burned.
Project team, investors & partners
The development team at Phoenix Global comprises experts from diverse fields such as blockchain, artificial intelligence, business, and marketing. Each member of the team possesses significant experience and talent in their respective domains, which enables the project to advance and expand swiftly and efficiently.
However, specific information about them has yet to be announced.
Investors and partners
Phoenix project investors and partners include: Binance, Hashed, 1kx, Kenetic, GBIC, Connect Capital, Genesis, Tencent Cloud, etc.
Recently, tokens related to the field of AI have been attracting a significant amount of investment from various investors. Phoenix Global is also one of the notable projects and has shown an impressive price surge of over 200% since the beginning of 2023. Hence, investing in this project at the current time requires considerable caution.
By reading this article, you may have gained some basic information about the project to make an informed decision on whether to invest or not. Please note that 247BTC is not accountable for any investment decisions made by you. We wish you success in profiting from this promising market.
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