Phi is a web3 onchain identity platform that announced it is winding down after four years, with its services scheduled to go offline in May 2026. Phi's Twitter Score is 97 out of 1000 (a Good rating) as of August 2026, ranking #7,509 (top 5%) among 482,999 tracked accounts.
Phi was co-founded by Shugo Tsuji, Consome, Zak, and Takuya Umeki to let users visualize, collect, shape, and tokenize their onchain identity drawn from wallet and ENS activity. The first version, Philand, launched on Polygon mainnet in December 2022 with Phi Quest and Phi Land products. A second version, Phi V2, launched on Base via phi.box in October 2024, introducing Cred creation, curation, and minting. A native token, $PHI, was announced to launch on Base through AerodromeFi in October 2025 as the ecosystem token, though the platform ultimately announced its wind-down on May 4, 2026.
Phi raised a total of $4M across two funding rounds, per co-founder Shugo Tsuji. A $2M seed round closed in February 2023, led by Chapter One and Delphi Digital, with Polygon Ventures participating. A subsequent strategic seed round announced in November 2024 was led by Neoclassic Capital, with Decima Fund, Cyber, PAKA fund, and Incubate Fund also taking part. Phi has 55,666 followers as of August 2026 and has published 3,260 posts. Phi has been mentioned by 150 accounts a total of 315 times.
Who follows Phi on X?
The accounts that follow Phi include 391 founders, 119 angel investors, 205 influencers and 10 VCs, among them Chris Dixon, CL, David Hoffman, Base, Loomdart and Santiago R Santos.