On the one-year anniversary of its public testnet launch, Pharos Network, an institutional-grade Layer 1 blockchain focused on RealFi and AI, announces a six-week global initiative to kick off the summer season for Alpha $PROS. The “Create Like a PRO · Agent Carnival” event, running from now until July 21, features a total prize pool of up to 150,000 $PROS.
Over the past two years, AI agents have crossed the gap from concept to product in traditional domains, but their on-chain presence remains largely at the demonstration stage. Most current agents lack reusable skill assets and have not established persistent social graphs or payment behaviors. Pharos believes the true value of AI agents lies in their ability to operate as native on-chain economic actors—autonomously holding assets, invoking tools, coordinating with peers, and representing themselves in value flows. This transformation requires a Layer 1 built for high-frequency, low-cost, composable agent behaviors, as well as a seamless orchestration platform. This carnival marks Pharos’ first large-scale operational test of AI agents, aiming to move agents from demonstrations to sustained, production-grade economic activity and achieve the critical leap from narrative to scalable validation.
Wish Wu, Co-founder and CEO of Pharos, said: "Over the past two years, there has been far more talk than action around AI agents. This carnival is different—we’re taking real steps, offering real incentives, and getting down to work. This marks the first public stress test and developer evaluation of Pharos’ AI Agent layer, refocusing attention on actual implementation."
Anvita Flow will serve as the unified entry point for this Agent Carnival, connecting fragmented Agent behaviors into a single, observable, and incentive-driven on-chain pathway that encompasses Skill design, Agent creation, Agent socialization, Agent payments, and Agent co-creation. The Carnival consists of two tightly connected phases. The first phase, the “Developer Season,” advances through a dual hackathon structure of “Skill First, Agent Follows,” achieving ecological consolidation within six weeks—from modular capabilities to fully functional agents. An internal pioneer workshop was launched on May 25; today, the Anvita Flow Skills Summit public hackathon officially begins at scale and will culminate on July 6 at the Pharos Agent Arena. This hackathon is supported by industry sponsors including Alibaba Cloud, Goplus, and Certik. This phased design requires Agents to invoke real Skills to accomplish complex tasks, encouraging builders to shift from one-off demos to reusable tools and production-grade primitives, thereby establishing an on-chain value chain of “Skill Creator → Agent Developer → User Invocation.” Following the Developer Season, the “AI Carnival” will run from June 23 to July 21. Building upon developer assets, it will focus on two tracks: the “Gravity Launch” track centered on social connections and the “Resonance Creator” hub dedicated to AI-generated content, using multi-dimensional leaderboards to guide users toward gradually adopting Agent-mediated social interactions and payment habits.
To support this end-to-end ecosystem loop, Pharos has allocated a total of 150,000 PROS as an incentive pool to reward assets that are actively used and retained over the long term. On the developer and infrastructure side, 100,000 PROS will be distributed to skill hackathons, developer Agent call competitions, Steward Agent first-deployment incentives, and call challenges. The remaining 50,000 PROS are dedicated to user participation, covering social and transfer tracks, leaderboards for most transfers and most friends, and the anniversary community co-creation track.
By closing the value loop between skill creators, agent developers, and AI users on the same chain, the network effects of the Pharos AI Agent layer are moving from zero to one, and now toward one to one hundred. Outstanding developers and teams will enter the Pharos incubator selection pool and have the opportunity to receive Pharos incubation support.
About Pharos
Pharos is an EVM-compatible Layer 1 blockchain focused on institutional assets, compliant finance, and global capital liquidity in real-world finance.
To enable seamless on-chain real-world financial activities, Pharos deeply integrates parallel execution, modular Special Processing Networks, and protocol-level compliance infrastructure, incorporating ZK-KYC/AML mechanisms, AsyncBFT consensus, and a dualVM (simultaneously compatible with EVM and WASM) to support RWA, stablecoins, cross-border settlements, on-chain yield markets, and programmable financial products at internet-scale throughput.
Pharos has established partnerships with leading institutions in the global financial system, including Circle, Chainlink, Anchorage Digital, Morpho, and Centrifuge, connecting regulated capital markets with on-chain liquidity venues to enable real-world assets to be effectively allocated into strategies that generate genuine returns.
Pharos was founded by former core management and technical teams from Ant Group, with investment from global financial institutions and infrastructure providers including Hack VC, Faction VC, Sumitomo Corporation, Flow Traders, and SNZ.