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hoenix is a complete blockchain infrastructure platform for smart Web3 applications. Phoenix provides blockchain-native solutions for scaling data-intensive applications, and enables advanced analytics, MPC (multi-party computation) and AI capabilities for Web3 applications and dApps. PHB is the native token of the network. The project consists of the following major components working together: Layer 1 network: a powerful enterprise-grade EVM compatible blockchain; Layer 2 network: a computing layer for scaling data, privacy, and AI applications that can use mainstream deep learning AI Frameworks such as TensorFlow. Phoenix Oracle: A synthetic oracle that acts as middleware to connect to real-world data. As of November 28, 2022, the maximum supply of PHB is 41,026,970, and the circulating supply is 37,136,774.79 (about 90.50% of the maximum supply).

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