Pharos Network, a Layer 1 blockchain designed to host billions of dollars in real-world assets, has announced the launch of Native to Pharos, a builder incubator program backed by more than $10 million. The initiative aims to accelerate innovation across the Pharos onchain financial ecosystem.

According to a media statement, the incubator is designed to support early-stage teams developing decentralized financial applications and infrastructure on the Pharos blockchain. With funding and backing from partners including Hack VC, Draper Dragon, Lightspeed Faction and Centrifuge, the program focuses on projects operating at the intersection of real-world assets ( RWA), decentralized finance and blockchain infrastructure.

Participants accepted into the program will receive hands-on technical mentorship, strategic guidance for product launches and scaling, and access to a network of investors and ecosystem partners. Builders will also benefit from AI-driven resources that optimize efficiency, along with developer-friendly tools that simplify integration. The program is structured to provide long-term support, enabling teams to build sustainable businesses while contributing to the growth of the Pharos “RealFi” ecosystem.

“Pharos is committed to building a thriving RealFi ecosystem and empowering builders who share our vision,” said Wish Wu, co-founder and CEO of Pharos. “The Pharos Incubator is designed as a full-spectrum partnership, offering mentorship, technical resources, go-to-market support, fundraising guidance, and access to financial and legal expertise. Our goal is to help teams succeed while fostering collaboration across the broader Pharos community.”

The first recruitment drive will begin in Hong Kong, where Pharos will host its inaugural cohort launch activities. In partnership with Web3labs and Consensus, Pharos will also participate in GWDC, Hong Kong’s first large-scale Web3 hackathon, as part of its builder outreach and ecosystem expansion efforts.

For its initial cohort, Pharos is prioritizing projects that can uniquely benefit from its core architecture, which includes native deep parallel execution and a modular, compliance-aware design optimized for real-world assets. The program is actively seeking teams building decentralized perpetual and spot exchanges, yield and vault infrastructure integrating tokenized RWAs, and prediction markets focused on real-world outcomes.

Through the incubator, Pharos aims to attract builders developing high-performance financial applications that require low latency, composability, and scalable on-chain execution. By aligning technical support, capital, and ecosystem access, the program is intended to accelerate the deployment of production-ready financial protocols on Pharos.

• What is Native to Pharos? It’s a $10+ million incubator program launched by Pharos Network to accelerate innovation in decentralized finance and real-world asset applications.
• Who can apply? Early-stage teams building DeFi protocols, RWA integrations, and blockchain infrastructure on the Pharos blockchain are eligible.
• What support is offered? Participants receive technical mentorship, AI-driven developer tools, strategic guidance, and access to investors and ecosystem partners.
• Where does it start? The first cohort will launch in Hong Kong, alongside GWDC, the city’s first large-scale Web3 hackathon.

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