Pharos is a modular Layer-1 blockchain built via ZK and Cosmos SDK components and optimized for DAO infrastructure. The project is now running a public testnet and actively rewarding users for participation through quests and on-chain activity.
In November 2024, Pharos Network raised $53M via ICO on Sonar and multiple funding rounds with participation of Hack VC, Faction and some other investors. A confirmed airdrop campaign is live, and early testers have the chance to earn rewards by completing actions in the testnet and engaging with the ecosystem.
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Pharos Network is a high-performance, EVM-compatible Layer 1 designed to solve scalability challenges faced by decentralized applications. While the EVM standard dominates Web3, most EVM-based blockchains struggle with low throughput. Pharos addresses this through a full-stack parallel blockchain architecture that delivers exceptional speed, stability, and interoperability.
At the core is Pharos VM (Dora), a next-gen virtual machine optimized from the database layer to the consensus layer. It supports parallel execution, superscalar pipelining, and a unified Intermediate Representation (IR) that harmonizes EVM and WebAssembly (WASM), enabling developers to build dApps without performance trade-offs.
Core Architecture / Features
Pharos crypto integrates advanced architecture for multiple high-demand use cases:
The network leverages geographical decentralization and supports heterogeneous hardware and software configurations, fostering a robust and diverse validator ecosystem. By combining technical optimizations with developer-focused tooling, Pharos aims to become a foundation for mass on-chain adoption.
Full documentation: Pharos Docs.
Token & Airdrop
The native $PROS token serves as the core utility asset for gas fees on the network, validator staking for security, governance participation, and access to on-chain RealFi products including RWA vaults and structured yield. Tokenomics are now public with a 1B total supply; the token launched on Mainnet May 1, 2026. Testnet participants and sale buyers qualify for the ongoing $PROS airdrop claim window (open until October 25, 2026).
The public testnet and growing community involvement suggest that now is a strong opportunity to secure early engagement rewards. Here’s a quick look at what stands out about the Pharos Network, and what’s still missing:
✅ Pharos Pros:
❌ Pharos Cons:
Pharos is a modular Layer 1 blockchain designed for performance, scalability, and developer-friendly infrastructure. It supports a multi-VM architecture and focuses on enabling seamless app deployment across ecosystems. The project raised $8M in a seed round backed by Hack VC, Faction, Chorus One, and others.
The team launched an incentivized testnet on May 7, 2025. Users can earn rewards by completing daily check-ins, doing swaps, adding liquidity, inviting friends, and linking social accounts.
<a href="https://coinlaunch.space/projects/pharos/" title="Pharos (PROS)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/pharos.png" width="224" alt="Pharos (PROS)"></a>