During the bull market from 2017 to 2021, domestic public chains sprang up like mushrooms after rain: NEO, Quantum Chain, Ontology, NEO, etc., each with grand narratives. But looking back now, almost all have been wiped out.
If there is still a project at this time that has the potential to uphold the banner of "domestic public chains," it must be @pharos_network.
Pharos Timeline:
September 2024: Completed $8 million in seed round financing, led by Lightspeed Faction and Hack VC.
May 2025: Pharos testnet officially launched.
Although the financing amount is only $8 million, the fact that Pharos can allocate $20 million for ecological incentives shows that this team is not short on funds, and it is highly likely that they will conduct other rounds of financing in the future. According to industry practices, major financing news may be announced around the mainnet launch, and then it will be time for the TGE.
Among the Pharos ecological projects, I am optimistic about @BitverseApp, as it is the leading perpetual contract platform on Pharos. Bitverse recently reached a formal cooperation with Pharos and received official endorsement.
Traditional US stock trading platforms vs Bitverse
Traditional Platforms:
Product Range: Limited to traditional financial products
Trading Hours: Restricted by market opening hours
Leverage: Strict regulatory limitations
Bitverse:
US Stock Perpetual Contracts: Zero Gas fees, zero slippage
Product Coverage: Full coverage of US stocks, cryptocurrencies, memes, RWA
24/7 Trading: Not restricted by traditional market hours
Blockchain-based: Real-time execution on an internet scale
The biggest difference is that Bitverse allows users to trade based on US stock price fluctuations without the time and geographical restrictions of traditional financial markets.
I tried Bitverse's US stock contracts, and the depth is good, with excellent slippage control. For users who want to trade US stocks 24/7, it is a great choice.
If you don't mind, you can register for Bitverse using my link: https://h5.bitverse.zone/app/register?inviteCode=GX7S3S
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