What is PHI? Phi is a Metaverse world created by the ENS domain name and on-chain activities such as buying – selling, trading, sending – receiving, borrowing – lending,… All of this PHI records to build the system. identity system for users.
What is interesting about this Phi project? Let’s find out through the article below!
What is Phi?
Phi is a metaverse world that turns your on-chain activities from dry numbers into cities, urban areas, etc., thereby stimulating user experience on the blockchain.
Phi has two main components: Phi Lands and Phi Objects.
- Africa Land: Is an empty piece of land that has not yet built anything that represents Phi Land which is the ENS domain name. Because ENS and Land both have the same characteristic, they are both a form of NFT.
- Phi Object: Of course for the buildings and infrastructure you build on Phi Land. These buildings and infrastructure are your interactions taking place on the blockchain.
Everyone can see on the photo. First, Vitalik bought a domain name vitalik.eth, but this guy hasn’t had any onchain action yet, so his land is still empty.
After that, this guy started buying, selling and trading on Uniswap. The first time he only received one horse, but the more times he swapped it, the bigger and bigger it grew. Trading on Uniswap is similar to upgrading a building in your city building game.
Of course, the more projects you interact with, the more buildings you have in your land.
Phi not only connects with on-chain projects, but Phi also aims to integrate and connect with off-chain projects, mainly social networks.
With Phi you don’t need to present how active you are in DeFi, just show your city and people can automatically understand about it.
Core Team
Phi was built by a relatively large team, but most of the development team is anonymous.
Project Information Channel
- Website: https://philand.xyz/
- Discord: https://discord.gg/phi
- Twitter: https://twitter.com/phi_xyz
Summary
Phi is a project that visualizes your onchain activities through a metaverse. Phi also makes user identification easy.
