Phil
Phil is an ERC-20 memecoin on the Ethereum blockchain, launched on August 28, 2024. Featuring a distinctive green dinosaur character, Phil aims to restore trust in the memecoin space by uniting top projects under a banner of integrity. It’s currently available on multiple CEX and DEX.[1]
Shortly after it launched, Phil captured the attention of meme enthusiasts, quickly gaining traction on Uniswap V2 and reaching a market capitalization of over $125 million within hours. Blockchain data from DEX Screener and Etherscan reveals that the wallet behind PHIL is connected to an entity labeled 'Genesis,' which initially funded the wallet with 2,000 ETH on July 30, 2015 the day Ethereum launched.[2][3]
Storyline
Phil resides in Meme City, a lively and unpredictable metropolis where all memecoins come to life. The city is a microcosm of the broader crypto universe teeming with potential yet full of risks and challenges. As Phil ventures through this dynamic landscape, he meets fellow memecoins, offering his help and seeking ways to bring about real, positive change. His journey is not just a metaphor for his mission but a thrilling adventure, as he works to unite the memecoins and drive meaningful impact in the world of crypto.[4]
Origins
Phil was launched in August 2024, by the pseudonymous developer ZZ-410, an OG Ethereum developer who partook in the Ethereum ICO. ZZ-410's Genesis wallet traces back to the original 2,000 ETH from Ethereum's launch in July 2015. Coined from the term 'PHILanthropy,' Phil embodies a mission beyond the typical meme coin, aiming to harness the power of decentralized communities to drive meaningful change. ZZ-410, a veteran in the crypto space, saw an opportunity to transform the meme coin landscape by uniting it with a philanthropic purpose.[5]
"The power of decentralized communities to create real change has been overlooked for too long,' ZZ-410 explains. 'Phil exists to prove that meme coins can be more than speculation—they can inspire and drive genuine social good."
Set in the fictional 'Meme City,' Phil’s storyline champions collaboration over chaos, with each partnership launching a charitable event to emphasize its real-world impact.
"We wanted to show that meme coins can bring more than just financial gains,' ZZ-410 says. 'They can rally people together for a common cause."[5]
Phil entered the memecoin space amidst a surge of interest led by giants like Dogecoin and Shiba Inu, yet it seeks to stand apart by embodying trust, honesty, and collaboration. The project's tagline, 'A Meme with Meaning,' has begun to resonate with investors and enthusiasts looking for something beyond profits.[6]
Overview
Phil is a community-driven memecoin built on the Ethereum blockchain, designed to bring integrity, transparency, and collaboration to the often volatile and speculative memecoin space. Unlike many memecoins that focus solely on hype and speculation, Phil seeks to set a new standard by proving that success in crypto can be built on trust and meaningful partnerships. It aims to unite the top 50 meme coins under one banner, creating a more secure, interconnected, and trustworthy ecosystem.[1]
At the heart of Phil’s mission is PHILanthropy, a commitment to using its platform for positive real-world impact. Every partnership Phil forms sparks a charitable event, reinforcing its ethos of giving back. Its strategic collaborations offer numerous benefits for its partners, including community airdrops, cross-promotion within the Meme City narrative, and unique storytelling opportunities through Phil’s comic series on Blocktoons. These initiatives provide exposure to a wider audience, expanding Phil’s reach while engaging with the broader Web3 and meme communities. Partners also contribute to Phil's ongoing mission of positive change, ensuring that every new collaboration amplifies its impact.[7][8]
Grounded in blockchain history, Phil’s initial liquidity pool was funded by the Ethereum Genesis block wallet, symbolizing its roots in Ethereum’s origins.[9]
A core driver of Phil's success is its vibrant and supportive community. The project fosters engagement through interactive initiatives such as riddles, contests, and giveaways. These activities not only strengthen the sense of belonging among community members but also create a rewarding cycle of participation, where members feel valued and motivated to contribute. [1][4]
Phil rapidly gained recognition from traders and enthusiasts, with trading volumes soaring by 86,000% on launch day, propelling the token to the top of Uniswap V2’s charts and achieving a market cap of over $125 million. The project has since reached key milestones, securing listings on major exchanges such as KuCoin, Gate.io, Bitmart, MEXC, and AscendEX. These listings have significantly boosted the token's accessibility and liquidity, marking a critical moment in its growth.[10][11]
Tokenomics
$PHIL has a total supply of 1 billion tokens, encompassing both its initial and circulating supply, and follows the ERC-20 token standard. The project launched with a 100% fair launch model, ensuring equitable distribution within its community.[12][1]
In support of decentralization, the contract ownership has been renounced, and the initial liquidity of 36 ETH, valued at around $100,000 at launch was permanently burned. This approach adds a layer of security and enhances the token’s long-term value.
Additionally, $PHIL operates with zero buy/sell tax, making it an attractive option for traders seeking cost-effective transactions. Its deflationary tokenomics further appeal to holders by supporting sustainable value growth.[13]
$PHIL is listed on over 10 exchanges, including prominent platforms like KuCoin, Biconomy, Superex, Gate.io, MEXC Global, BitMart, KCEX, BigONE, Uniswap V2 and more.[14][17][18][19]
Phil's Charity
Since it launched, $PHIL is deeply committed to philanthropy and driving real-world change. Through the $PHILanthropy Initiative, $PHIL is partnering with the Anak Kita Foundation to support an educational initiative in Bali. This collaboration aims to provide underserved students with essential technology skills, preparing them for success in the modern world.
$PHIL will fund a technology literacy program that equips students in Bali with the tools and skills needed for future employment opportunities in tech. This initiative reflects the personal values of $PHIL’s founder, who is dedicated to using technology to create opportunities for those in need.[15]
Key Objectives:
- IT Classroom Setup: Establish a fully-equipped tech classroom with computers and reliable internet access.
- Teacher Recruitment: Hire and train a local teacher to lead the program and inspire students.
- Long-Term Impact: Empower students with skills for future careers in technology.
- Sustainability: The initiative will serve as a model for future expansion into a permanent school.
Led by Maria Konovalenkova, a respected leader in Bali’s charity sector, this partnership reflects $PHIL’s mission to bridge meme culture with impactful philanthropy, making a lasting difference in the lives of young learners.[16]
Partnerships
PHIL x Shiba Inu
Phil partnered with the Shiba Inu (SHIB) community to launch a major airdropped campaign, celebrating the collaboration with the distribution of 10,000,000 $PHIL tokens. Shiba Inu holders were able to claim up to 500,000 $PHIL tokens, with the added opportunity to win up to an additional 250,000 $PHIL tokens through a lucky draw.[20]
Eligibility was based on users holding SHIB in non-custodial Ethereum wallets at block 20627000 on 28 August 2024. This initiative was a key milestone in Phil's mission to reward the Shiba Inu community and expand its ecosystem, reinforcing the collaboration's positive impact on the crypto space.[21][22]
PHIL x Memes Lab
$PHIL has announced a strategic partnership with Memes Lab, a leading meme infrastructure platform with over 11 million app users, 6 million community members, and 3 million connected wallets. This collaboration is set to introduce $PHIL to a wider audience of meme enthusiasts. By joining forces, $PHIL and Memes Lab are expanding their reach and influence within the meme space, combining PHIL’s mission with Memes Lab’s powerful ecosystem to create lasting impact.[23]
PHIL x Rec Time Official
Rec Time Official announced $PHIL as a premium sponsor for the #Web3Congress in Barcelona, which holds on November 17 at Llotja de Mar. The $PHIL team was excited to collaborate with the event, contributing to the vision of a decentralized future full of opportunities. Together, they fostered innovation in the Web3 space, empowering participants to create, communicate, and connect without limits.[24]
PHIL x Alphakek.AI
Phil has announced a partnership with Alphakek.AI to launch Phil AI, a custom meme generator currently in beta for its community. Alphakek.AI, an AI lab known for its cutting-edge, uncensored AI models and infrastructure, specializes in fine-tuning on crypto data. This collaboration aims to enhance Phil's ecosystem by leveraging Alphakek.AI's innovative technology to create new opportunities for meme generation and community engagement.[25]
Technology
$PHIL is built on the Ethereum blockchain, which operates on a secure and environmentally friendly proof-of-stake (PoS) consensus mechanism. Created by Ethereum's founder, Vitalik Buterin, this technology ensures Ethereum’s renowned scalability, energy efficiency, and the ability to handle high transaction volume, making it the perfect platform for $PHIL’s long-term growth.
By leveraging Ethereum’s robust infrastructure, $PHIL benefits from a network capable of supporting extensive transaction flow without compromising on security or speed. $PHIL also utilizes Ethereum’s powerful smart contract capabilities, enabling self-executing agreements directly on-chain to automate key processes, minimize human error, and enhance ecosystem efficiency. Furthermore, $PHIL strengthens community trust and security with contract renouncement and liquidity burn mechanisms, granting the community full control and promoting a transparent, decentralized environment.
How to Buy $Phil
- Acquire ETH: Users should acquire ETH from a crypto exchange such as OKX, Binance, ByBit, or KuCoin.
- Download a Wallet: Next, users need to download a compatible wallet, such as MetaMask or Trust Wallet, and transfer the acquired ETH to their wallet’s Ethereum address.
- Connect to a DEX: Users should then connect their wallet to a decentralized exchange (DEX) like Uniswap or Sushiswap to begin the process.
- Swap ETH for $PHIL: On the DEX, users can swap their ETH for $PHIL, ensuring they leave enough ETH to cover transaction fees and account for slippage (typically 5-10%) to increase the chances of a successful transaction.
To purchase $PHIL from centralized exchanges:
- Create an Account: If an account hasn’t been created yet, users should sign up on their preferred exchange platform (MEXC, Gate.io, Bitmart, or KuCoin).
- Deposit Funds: Once the account is set up, users will need to deposit USDT (Tether) into their exchange account, as all of these platforms support USDT deposits.
- Access Spot Trading: After successfully depositing funds, users should navigate to the Spot trading section on their chosen exchange.
- Select the Trading Pair: Users should search for $PHIL in the available trading pairs list and select the USDT/$PHIL pair to trade USDT for $PHIL.
- Execute the Trade: Finally, users can specify the amount of $PHIL they wish to purchase, confirm the trade, and complete the transaction to acquire $PHIL tokens.
This process is consistent across KuCoin, MEXC, Bitmart, Gate.io, and other centralized exchanges (CEX), making it easy for users to purchase $PHIL on any of these platforms.[14][12]