
Focusing on real-world finance RealFi and AI, the institutional Layer 1 blockchain Pharos Network announced the launch of a six-week global program to kick off the summer of Alpha $PROS, coinciding with the first anniversary of its public testnet release. Among these, the "Create Like a PRO · Agent Carnival" event will run from today until July 21, with a total prize pool of up to 150,000 $PROS established by Pharos.
In the past two years, AI Agents have crossed the chasm from concept to product in traditional fields, but their existence on-chain still largely remains in the demo stage. Currently, most Agents neither possess reusable skill assets nor have established lasting social graphs and payment behaviors. Pharos believes that the true value of AI Agents lies in their ability to function as native economic entities on-chain, including holding assets, invoking tools, coordinating with peers, and participating in value flow on their own behalf. This transformation requires a Layer 1 built for high-frequency, low-cost, composable Agent behaviors, as well as a seamlessly orchestrated entry platform. This carnival is Pharos’s first large-scale operational test on the AI Agent front, aimed at transitioning Agents from demonstrations to sustained, production-level economic activities, completing the critical leap from narrative to scalable validation.
Wish Wu, co-founder and CEO of Pharos, stated: "In the past two years, there has been much more talk than action around AI Agents. This carnival is where we truly get down to business, offering incentives and getting things done. This is also the first public pressure test and developer review for the Pharos AI Agent layer, shifting the focus back to the implementation itself."
Anvita Flow will act as the unified entry point for this Agent carnival, connecting the originally fragmented Agent behaviors into an observable and incentivized on-chain path, covering Skill design, Agent creation, Agent socializing, Agent payments, and Agent co-creation.
The carnival is divided into two closely connected phases. The first phase, the "Developer Season," promotes the dual hackathon structure of "Skill First, Agent Relay," completing ecological sedimentation from capability modules to complete agents within six weeks. On May 25, the internal pioneer workshop was launched first, and today, with the public hackathon of the Anvita Flow Skills Summit formally kicking off on a large scale, it will reach a climax at the Pharos Agent Arena on July 6.
This hackathon has received support from industry sponsors such as Alibaba Cloud, Goplus, and Certik. This gradually advancing design requires Agents to invoke real Skills to complete complex tasks, encouraging builders to shift from creating one-time demonstrations to building reusable tools and production-grade primitives, establishing a value chain on-chain of "Skill Creators → Agent Developers → User Invocation."
Following the Developer Season, the "AI Carnival" will take place from June 23 to July 21. Based on inheriting developer assets, it will focus on social connections with the "Gravity Journey" track and on Agent-generated content with the "Resonance Creators" center, guiding users to gradually develop social interactions and payment habits mediated by Agents through a multi-dimensional leaderboard.
To support this end-to-end ecological closed loop, Pharos has configured an activity prize pool of 150,000 PROS, incentivizing assets that are genuinely used and retained over the long term. On the developer and infrastructure side, 100,000 PROS will be allocated to skill hackathons, developer-side Agent invocation competitions, Steward Agent deployment incentives, and invocation competitions. The remaining 50,000 PROS are designated for user participation, covering social and transfer track competitions, the most transfers, and the most friends leaderboard, as well as the anniversary community co-creation track.
By closing the value cycle among skill creators, Agent developers, and AI users on the same chain, the network effect of the Pharos AI Agent layer is progressing from zero to one towards reaching one to one hundred. Outstanding developers and teams will enter the Pharos incubator selection pool with the opportunity to gain incubation chances from Pharos.
About Pharos
Pharos is an EVM-compatible Layer 1 public chain focused on real-world finance targeting institutional assets, compliant finance, and global capital liquidity.
To synergize real financial activities on-chain, Pharos deeply integrates parallel execution, modular Special Processing Networks, and protocol-level compliance infrastructure, combining ZK-KYC / AML mechanisms, AsyncBFT consensus, and dualVM (EVM + WASM compatibility), supporting RWA, stablecoins, cross-border settlements, on-chain yield markets, and programmable financial products at internet-scale volume.
Pharos has established partnerships with several leading institutions in the global financial system, including Circle, Chainlink, Anchorage Digital, Morpho, and Centrifuge, connecting regulated capital markets with on-chain liquidity venues, enabling real-world assets to be truly allocated into strategies that generate real yields.
Pharos was founded by former core management and technical teams from Ant Group, with investors including Hack VC, Faction VC, Sumitomo Corporation, Flow Traders, SNZ, and other global financial institutions and infrastructure.
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