Phaleanopsis hybrid. Very ubiquitous now. But depending on where you got your plant, might be a big box store (that came from a larger wholesaler); you don't know how long the plant has been sitting in the media. Or how it was cared for after it left the main greenhouse or grower. The plant at the big box store, or retail nursery may have been overwatered or underwatered; or watered where water was left in the crown of the plant overnight leading to crown rot. The media may have gone bad. Soured or turned to mush.
Best thing to do once the plant has finished flowering is repot it in fresh media.
Some plant in bark. I plant phalaenopsis in long strand sphagnum moss, tightly packed and with styrofoam packing peanuts at the bottom of a well-draining plastic pot. Never overpot either (too large a pot). Water to keep moist. But never soaking wet. Never let it dry out completely (like bone dry).
And try to avoid getting water in the plant's crown of leaves. Grow the plant in a bright area; filtered sun. (Phalaenopsis can take moderate amounts of shade, however, they will flower better if given good light.)
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