Phoenix Global focuses on blockchain support for the real economy. The platform aims to leverage blockchain technology to unlock the value of real-world assets such as data, alternative assets and other intangible asset classes.
The PHB token is the platform's BEP-2 native utility token and is used to pay for all services in the Phoenix Global ecosystem. PHX is the NEP-5 native utility token on the NEO blockchain.
PHB and PHX can be exchanged 1:1. Unlocking 1PHX tokens requires locking 1PHB tokens, and vice versa.
Phoenix Global is the result of the November 2020 merger between Red Pulse and APEX Network.