Phala Network is the Execution Layer for Web3 AI. By enabling AI to understand and interact with blockchains, it unlocks the barrier for the first billion users to join Web3.



<h2>Why Build AI Agents on Phala Network?</h2><p>As an AI execution layer, Phala Network has various advantages for those keen on building Web3 services with AI</p><ul><li>Create smart contract-centric AI Agents for popular web3 services and smart contracts.</li><li>Decentralized, fully transparent, and privacy-preserving.</li><li>Get funded and profit on Agent Wars with innovative ideas.</li><li>Code in fully customizable JavaScript &amp; WASM runtime.</li><li>Rich Integration in OpenAI, LangChain, io.net, etc.</li></ul><h3>Who Are the Founders of Phala Network?</h3><ul><li>Marvin Tong<strong>&nbsp;</strong>is the CEO, while&nbsp;<strong>Hang Yin is the&nbsp;</strong>CTO of HashForest Technologies.&nbsp;</li></ul><h3>PHALA is the AI Execution Layer</h3><p>With the advancements of autonomous AI Agents, a new paradigm had started to form, and thought leaders in Blockchain started to realize the potential synergies that AI x Blockchain can offer.&nbsp;</p><p>Phala's Blockchain-TEE hybrid system provides the following features for AI Agents:</p><ul><li>Hosted on the decentralized platform to ensure service availability.</li><li>Governed by smart contracts. This involves prompt management and access control.</li><li>Free to call each other to form complex applications, while the callers need to cover the cost during the callee's execution.</li><li>The secrecy of prompts are protected by TEE.</li><li>Highly user-interactive with low latency requirements and requires no gas fee.</li><li>All of these leads to a system that allows AI Agents to run in TEE workers, but are fully controlled by on-chain smart contracts. This is what Phala is good at.</li></ul><h3>Phala Network’s AI Ecosystem</h3><p>Phala Network is at the forefront of the Web3 and AI intersection, creating an ecosystem that leverages advanced AI and decentralized technology. Our comprehensive approach includes the AI Agent Contract, Agent Wars, and Redpill, each serving a distinct purpose within our network:</p><ul><li><strong>AI Agent Contract:</strong> This contract allows web3 developers to build decentralized AI applications. By providing a framework for creating autonomous AI agents, it empowers developers to innovate without centralized constraints.</li><li><strong>Agent Wars:</strong> This proof-of-concept game fosters a multi-agent ecosystem where users can create, interact with, and monetize their AI agents. Agent Wars demonstrates how social presence can be monetized in a fun and interactive way.</li><li><strong>Redpill:</strong> Redpill is an AI aggregator that optimizes the use of multiple AI models, including those from OpenAI and Claude. It utilizes Phala’s AI Agent Contract to ensure requests are autonomous and unstoppable. Redpill is designed to increase network usage and computation power, benefiting the Phala ecosystem significantly.</li></ul><h3>PHA is the Native Utility Token That is Used for:</h3><ul><li><strong>Trusted Computing Resources:</strong> Phala Networks empowers users with $PHA to access TEE computation resources. Seamlessly deploy Phat Contracts, supporting smart contracts as self-hosted oracles on various EVM blockchains.</li><li><strong>Security Guarantee:</strong> Gatekeepers must stake a certain amount of PHA tokens, which may be slashed for misbehavior.</li><li><strong>Governance:</strong> Stakeholders who own a certain amount of PHA are able to join the Phala DAO to participate in community governance.</li></ul><p><strong>Phala Products Include:</strong></p><ul><li>Phat Contract</li><li>SubBridge</li><li>inDEX</li><li>PhalaWorld</li></ul>

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