$PHOB shapes the circle. The circle shapes the truth.
Phoebe is the sole issuer of $PHOB. Users spend it to follow other forecasters and unlock their feed — and that single primitive is how we engineer blind, semi-blind, and open deliberation conditions. No public price. No herding. No financial stake.
Follow with tokens. Build your circle.
The mechanic is deliberately small — but it is the entire reason Phoebe's signal stays clean.
Pay $PHOB to follow
Users spend $PHOB to follow other forecasters. Following grants access to their predictions, arguments, analyses, and activity feed. Following is the only way a forecaster's signal enters your circle.
Earn $PHOB through engagement
Phoebe is the sole distributor of $PHOB. Tokens are awarded freely based on forecasting accuracy, calibration, deliberation quality, and activity. There is no buy-in — users never trade money for tokens.
Your circle, your feed
You see only the activity of people in your circle. There is no aggregated public price to anchor on, no leaderboard to chase. The bandwagon effect is removed by construction, not by policy.
Engine-controlled supply
Because Phoebe alone issues $PHOB, the protocol shapes which forecasters can be followed and at what cost — and that lever is how we maintain blind, semi-blind, and open deliberation conditions.
Deliberation conditions, engineered by access.
Three circle types emerge from following relationships. Phoebe gates each via $PHOB cost and visibility rules — the topology Bahrami's neuroscience demands.
Open Circle
Members see each other's predictions, arguments, and reactions in real time. High discoverability for newcomers, broad consensus signal — but lower deliberation isolation.
Semi-Blind Circle
Members commit predictions privately, then Phoebe releases them in synchronized reveal windows. Peer signal arrives at the reveal phase — bandwagon-resistant by design.
Blind Circle
Members never see each other's predictions until the question resolves. Pure independent signal, aggregated by merit. Reserved for the highest-stakes enterprise pilots.
Free distribution. Zero financial stake.
Every prediction market we know of asks users to bet their own money. Phoebe doesn't — and the legal, behavioural, and methodological implications run deep.
No buy-in
Users never trade their own money for $PHOB. The token is distributed exclusively by Phoebe based on engagement and performance — there is no exchange listing where outsiders can buy in.
No contingent payouts
Outcomes do not transfer money between counterparties. Phoebe has no order book, no settlement layer, and no win/lose mechanic priced in fiat or crypto.
No public price
There is no aggregated public probability to chase. Each user sees only their circle's signal — herding has no surface to attach to.
No financial sacrifice
The behavioural cleanliness of Phoebe's signal depends on users not having skin in the game. Their incentive is reputation and access, not return.
A protocol, not a casino.
Not a prediction market
Phoebe does not match counterparties on contingent payouts. There is no order book and no settlement layer. We are a forecasting protocol, not a derivatives venue.
Utility-first token design
$PHOB is structured for access, governance, and engagement rewards — calibrated under MiCA-aligned utility-token guidance with EU counsel.
KYC where required
Studio tier and high-stakes blind circles enforce KYC. Open and Semi-Blind circles remain open-access for research participation under standard onboarding.
Data sovereignty by default
Enterprise customer data is processed inside EU GDPR-compliant infrastructure with regional residency options.