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| Phala Network 
| #PHA
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| PHA Price: | $0.11 | | Volume: | $8.5 M | | All Time High: | $1.41 | | Market Cap: | $0.1 B |
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| Circulating Supply: | 1,000,000,000 |
| Exchanges: | 13
| | Total Supply: | 1,000,000,000 |
| Markets: | 19
| | Max Supply: | — |
| Pairs: | 34
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The price of #PHA today is $0.11 USD.
The lowest PHA price for this period was $0, the highest was $0.111, and the current live price for one PHA coin is $0.11141.
The all-time high PHA coin price was $1.41.
Use our custom price calculator to see the hypothetical price of PHA with market cap of ETH or other crypto coins. |
The code for Phala Network is #PHA.
Phala Network is 3.2 years old. |
The current market capitalization for Phala Network is $111,407,870.
Phala Network is ranking upwards to #221 out of all coins, by market cap (and other factors). |
There is a big daily trading volume on #PHA.
Today's 24-hour trading volume across all exchanges for Phala Network is $8,541,312. |
| The circulating supply of PHA is 1,000,000,000 coins, which is 100% of the total coin supply. |
Phala Monthly Newsletter: March 2023
GM Phamily! March was a busy but fulfilling month: Phala Network went to ETHDenver, released our 2023 roadmap, and won the 74th slot in the Kusama Network parachain auction! Let’s dive in. — Phat Contract closed beta will end soon! - If you are still in the development phase, remember to get those implementations submitted this week! Details — 🎙️Top News - Phala has released 2023 roadmap, with the goal of changing trustless computation. Take a look back at what the team has done in 2022 and also learn about the many new features and improvements the team is working on in 2023., Khala has won the 74th slot in the Kusama Parachain auction.1,643 $KSM were locked and Khala has renewed its slot, for the second time, and will keep its original parachain ID 2004., The team attended ETHDenver 2023 for the first time. We formed partnerships, spoke at the conference, and most importantly — promoted the upcoming launch of Phat Contract 1.0. We’ve also hosted a Twitter space along with 7 other projects to discuss their learnings and insights from the conference., Phala has joined the ink!ubator Bounty with Astar Network, Parity, 727 Ventures and others to help bootstrap the development of dApps, tools, & Smart Contract templates for the Polkadot-native Wasm environment, — 💻Product and Technical Updates - This month has been an interesting one for our product and technical teams. Following t... 
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Pick Up the Pace, Testers! Phat Contract’s Closed Beta is Ending Soon!
It has been four months since Phat Contract launched its closed beta, and the innovation shown by all testers during this time has been an inspiration for the Phat Contract team. Now, the beta is coming to a close. The Phat team will stop accepting implementation applications on March 31st, while use cases submissions will be open until April 21st. As promised by the Phat team, participants will receive a POAP NFT signifying their contribution to Phat Contract testing. The most productive developers will also win prizes in $PHA. (The detailed prize pool is listed below.) If you are still in the development phase, get those implementation submissions in this week! Showing your innovation and applied ideas to the Phat team and other testers is worth the effort. This is also a great opportunity to connect with like-minded Phat Contract developers!Submit your use case: github.com Additionally, the Phat team encourages developers to remain in the Phat Contract ecosystems, as there will be more opportunities to get rewarded for your contributions. If you have an application-ready implementation for Phat Contract, we encourage you to apply to the Phala Builders Program. This program provides funding, technical guidance, and marketing support to innovative projects built with Phat Contract. If you are interested in this program, please visit here for more details. — About Phala. — Phala Network is a decentralized cloud ...
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Phala Network 2023 Roadmap
TLDR - In 2022, Phala Network took major strides in 4 key areas, decentralization, innovation, utility, and community: 18k+ servers, providing 142k+ vCPUs, running in over 50 cities;, 1,434 commits and 408 PR’s across all our repos;, Phat Contract, our flagship revolutionary product, is feature complete and in closed beta;, 141 events held in 14 countries and 18 cities worldwide, reaching over 230,000 people., In 2023, Phala is going to build on all of this, and begin to change trustless computation. — 🧩 Phat Contract - Taking computation off-chain, a serverless SDK you can write almost anything with. — 1. Establish Phat Contract as a core part of the Web 3 builders stack. — Phat Contract 1.0 on the mainnet Expected Q1, Revolutionary “Stake to Compute” model, say goodbye to gas fees. “Phat Bricks” Expected Q1, A no-code experience to configure reusable Phat Contract for specific use cases like Oracles. Even more “Phat Bricks” Expected Q2, Ever wider multi-chain and use case support. Phat Contract 2.0 Expected Q3/Q4, Asynchronous Phat Bricks. Opening up a whole new world of possibilities. — 2. Build the best developer experience in Web3. — One-click Phat Contract development environment Expected Q2, Phala Builders Program “Free Staking” Expected Q2, Free compute for every new user. Phat Contract Academy Expected Q3, — 3. Take our place as indus...
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2nd Compute Reward Transaction Will Happen Around 2:00 A.M. UTC on Feb 21st
Gemini was launched 8/4/2022. Since then, Phala’s team have moved a year’s worth of rewards from the locked mining subsidy reservation on Ethereum to the Khala subsidy pool. Nearly a year has passed, and the balance in the Khala subsidy pool is now almost exhausted. Motion #175 proposes that another year’s worth of rewards (150M PHA) are moved to the Khala subsidy pool again. This is scheduled to occur at approximately 2:00 a.m. UTC on Feb 21st. There are about 110 days remaining in this halving period. So this 1-year reward is calculated as follows: 720,0000.75110 + 720,0000.750.75180 + 720,0000.750.750.7575 = 155,081,250 PHA — Detailed Background - You can find both the Ethereum mining subsidy account and the Khala subsidy pool accounts here: Ethereum (the biggest token holder on Etherscan) -0x4731bc41b3cca4c2883b8ebb68cb546d5b3b4dd6, Khala — modlphala/pp., Since the genesis launch of Khala, 1% of the total PHA supply was moved from the Ethereum mining subsidy reservation to the Khala subsidy pool, according to Phala tokenomic. As 70% token is reserved for mining, 69% was left in the Ethereum subsidy reservation. After the Gemini Update, Khala and Phala will share the same compute reward schedule and subsidy pool. Therefore Phala team must move more funds to the Khala subsidy pool. The first move after the Gemini Update happened on April 8th, 2022. The transaction amount is 226,800,000 PHA. — Abou...
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Phala Will Be Attending ETHDenver, Phala Partners With Moonbeam|Phala Weekly Vol. 121
Phala Will Be Attending ETHDenver, PHA Farm Is Live on Moonbeam|Phala Weekly Vol. 121 - — 👷 Khala/Phala Secure Worker Mining. — Phala StakePool V2 & Vault on-chain upgrade has been enabled, all related functions related to mining are restricted so we won’t be able to provide statistics this week. — 🙋 Khala Democracy Governance. — Khala treasury accumulated 38.71MPHA. Democracy Referedum #80: This motion will trigger the v1208 runtime upgrade for bug fixes, — Dev Updates. — — 💯Completed. — 1.Phat Contract Integrate ink! 4.0 in the latest nightly build, 2. Phala Compute Daily rewards indicator on App, On-chain performance update: reduce block size by 75%, 3. SubBridge Sygma test on Rococo started, 4. Community Contribution Devphase Swanky integration, — 💻Work in progress. — 1. APP SGX DCAP productionalize, 2. Computing Power Supply PRuntime fast sync merged; waiting for Solo & PRB integration, Ledger Hardware Wallet submitted to app store for review, 3. Phat Contract Swanky Phat Contract integration, Phala js-sdk refactor, — Community & Ecosystem. — — PhalaWorld. — Product Progress a.) Continue the development of custom NFT b.) Marketplace v1.0 is under development. The part that requires chain modification will be launched together with the polkadot-v0.9.37 version c.) Organize interface API to su...
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Phala Is Coming To EthDenver! Explore The Future of Trustless Backend With The Phala Team
EthDenver is the largest and longest running Ethereum ecosystem event in the world. Each year, it attracts tens of thousands of Web3 aficionados to participate in the official conference as well as hundreds of side-events. The Phala team will be participating in both the BUIDL Week and core events, as well as a slew of other activities! We hope to see you there! — Phala at EthDenver — Denver, Colorado - 📅The Phala team will be at EthDenver from February 27th to March 5th Keep an eye out for our attending Phala team members! Hang Yin — Co-Founder and Chief Technical Officer, Zhe Wang — Chief Operating Officer, Zoé Meckbach — VP of Growth, Joshua Waller — Developer Advocate, Jojo Zhou — Global Marketing Manager, Stuart Brown — Global Growth Manager, — Events - Wednesday, February 28th | 2:50 PM to 3:30 PMPhala Chief Technology Officer Hang Yin will join a panel discussion titled “Building an Interoperable Web3 with Privacy, Cloud Computation, and Decentralized Storage” at the BUIDLing the Multichain event hosted by Parity. Thursday, March 2nd | 9 AM to 5 PMThe Phala team will be at Booth H at the Polkadot Pavilion for the main conference. Come by and say hello! The team will be handing out some fresh Phala merch and discussing the upcoming release of Phat Contract! Friday, March 3rd | 4:25 PM to 4:35 PMPhala’s Developer Advocate Joshua Waller will be deli...
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Phala Builders Program Accepting Applications Now
Phala Builders Program Is Accepting Applications Now - Providing funding and support for projects building with Phat Contract! Phala Network’s mission is to build a compute solution that combines the trustless and decentralized aspects of on-chain computation with the efficiency and power of off-chain clouds. After years of development, this dream has come to life in the form of Phat Contract, Phala’s Rust based SDK that allows Web3 builders to utilize our distributed compute cloud. Now, Phala is ready to take the next step in expanding our ecosystem by supporting developers who seek to break free from the constraints of on-chain compute while staying true to the blockchain ethos of building on trustless, decentralized systems. To that end, we are announcing the immediate launch of the Phala Builders Program! The Phala Builders Program will fund and support teams building innovative projects that deploy on Phat Contract’s compute service. Given Phat Contract’s extreme customizability and cross-chain compatibility, we encourage projects from any ecosystem to apply. Your project will be a good fit for the Builders Program if: You demonstrate a solid understanding of Phat Contract and can describe in detail how it will be incorporated into your project, Grant funds will be used to achieve defined development milestones en route to the launch of a finished product, In the course of your work with the Builders Program...
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Phala Builders Program Launched! PW Sent Out Survey For Community|Phala Weekly Vol. 120
👷 Khala/Phala Secure Worker Mining. — Phala StakePool V2 & Vault on-chain upgrade has been enabled, all related functions related to mining are restricted so we won’t be able to provide statistics this week. — 🙋 Khala Democracy Governance. — Khala treasury accumulated 37.94 MPHA. There is no new referendum this week. Treasury Proposal #57: devPHAse development tool Part 2- Finalization, improvements, and maintenance of product (reflecting changes in stack), — Dev Updates. — — 💯Completed. — 1.Phat Contract Phat UI contract staking, Phat UI WASM bytecode validator, 2. Phala Compute Pruntime v0 final version merged, Pruntime safe mode, Key handover for pruntime v2, Confidence Level 2 rule loosen following Intel’s suggestion, 3. SubBridge Launch EQ, EQD, HDX on the app, Sygma integrated on Thala (Phala test runtime), 4. Community Contribution Devphase v0.1.7 release (@100k), — 💻Work in progress. — 1. APP SGX DCAP productionalize, 2. Computing Power Supply PRuntime fast sync merged; waiting for Solo & PRB integration, Ledger Hardware Wallet submitted to app store for review, 3. Phat Contract Swanky Phat Contract integration, — Community & Ecosystem. — — PhalaWorld. — Product Progress a.) Continue the development of custom NFT b.) Marketplace v1.0 is under development c.) New features released for PhalaW...
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Phala Shared 2023 Roadmap On Community Call, PW Marketplace Under Development|Phala Weekly Vol. 119
👷 Khala/Phala Secure Worker Mining. — Phala StakePool V2 & Vault on-chain upgrade has been enabled, all related functions related to mining are restricted so we won’t be able to provide statistics this week. — 🙋 Khala Democracy Governance. — Khala treasury accumulated 37.33 MPHA. There is no new referendum or proposal this week. — Dev Updates. — — 💯Completed. — 1.Phat Contract 2023 OKRs and internal roadmap, Published EVM off-chain rollup 2.0, 2. Phala Compute Pruntime 2.0 launch plan, SubSquid update (for reward stats), wPHA on Subscan, 3. SubBridge Phala to HydraDX, Equilibrium HRMP one-way opened, — 💻Work in progress. — 1. APP SGX DCAP productionalize, 2. Computing Power Supply PRuntime fast sync merged; waiting for Solo & PRB integration, Ledger Hardware Wallet submitted to app store for review, Pruntime v0 last update for relay chain, 3. Phat Contract Swanky Phat Contract integration, — Community & Ecosystem. — — PhalaWorld. — Product Progress a.) Continue the development of custom NFT b.) Marketplace v1.0 is under development Operation & Marketing a.) Participate in the “Show Your Shell Around Your City” activity! You can snap a photo of your super high-definition Shell in your city and tag the city location b.) Ambassador ChrisBck published an article on how to increase your intelligence...
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Show Your PW Shell Around! PrivaDEX Enters Open Beta|Phala Weekly Vol. 118
👷 Khala/Phala Secure Worker Mining. — Phala StakePool V2 & Vault on-chain upgrade has been enabled, all related functions related to mining are restricted so we won’t be able to provide statistics this week. — 🙋 Khala Democracy Governance. — Khala treasury accumulated 36.31 MPHA. There is no new referendum or proposal this week. — Dev Updates. — — 💯Completed. — No update this week due to the Chinese New Year holiday — 💻Work in progress. — 1. APP SGX DCAP productionalize, 2. Computing Power Supply PRuntime fast sync merged; waiting for Solo & PRB integration, Ledger Hardware Wallet submitted to app store for review, — Community & Ecosystem. — — PhalaWorld - Product Progress a.) Continue the development of custom NFT b.) Marketplace v1.0 is under development Operation & Marketing a.) Participate in the “Show Your Shell Around Your City” activity! You can snap a photo of your super high-definition Shell in your city and tag the city location — Activities & News. — On January 20th, Phala’s Dev Advocate Josh participated in the Swank Panel to discuss the future prospects of WASM smart contracts on Polkadot, On January 25th, Phala Network held Web3 Cloud Transformation — DCloud Round table by Phala Network on the Crowdcast jointly with Protocol Labs and Bundlr. Watch reply, On January 23rd,...
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 | Phala Network Releases First Soulbound Token Use Case With PhalaWorld
[PRESS RELEASE - Singapore, Singapore, 21st June 2022]
Phala Network today announced its official release of the first Soulbound token use case for PhalaWorld, a metaverse gamification extension based on the Phala Network blockchain. The new ‘Play to Build’ concept combines user behavior, characters, communities, and sci-fi stories on the Phala blockchain, integrating strategy, development, MMORPG, and other game types.
Inside PhalaWorld, game character entities called Spirit NFTs use Fat Contracts to tie in-game and off-chain identities to external social media platforms and services such as Twitter, TikTok, or Instagram. Spirit NFTs attributes are “soulbound” similar to World of Warcraft but with the added capabilities that let users utilize decentralized Web3 services.
The platform divides characters in the game into four species and five careers according to the character’s contribution to Phala community, and combines the soulbond mode to split the tradable Shell NFT and Spirit NFT, through the introduction of the game modes such as strategy and RPG enriches the participation mode and entertainment of the community.
When a user successfully mints a Shell NFT, no matter which rarity, they cannot immediately see the final appearance of the Shell, but instead obtains an initial creature which is called Origin Shell. Each species has different styles of Origin Shell. Spirit NFTs can be acquired for free, but the level depends on the player's act...
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