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pharos_network

About pharos_network

Pharos is a full-stack parallel blockchain platform, pioneering hyper-parallelism to revolutionize the intersection of traditional and decentralized finance. The Layer 1 Testnet is currently live, allowing users to engage with the platform and participate in potential airdrops.

Business Information
Target Customers
developers fintech companies decentralized finance (DeFi) projects
Industry Categories
Blockchain/Web3 Cloud & Infrastructure DevOps, APIs, Developer Tools
Business Model
Revenue Model Token-based ecosystem
Sales Channels direct engagement through testnet activities, partnerships with blockchain developers
Funding Timeline
Round Date Amount Investors
Seed Jan 01, 2024 $8.0M Faction, hackvc, SNZ
Founders

No founder information available.

Investors
F
Faction

Venture Capital

S
SNZ

Venture Capital

h
hackvc

Venture Capital

Recent Mentions
cryptomad2025
Cryptomadness @cryptomad2025
May 06, 2025

🔥 @pharos_network Layer 1 Testnet is LIVE! ($8M raised in Seed round) Join early to secure your spot for potential airdrops! ✅ Connect wallet: https://t.co/g8wiphDGBv 👉 Do social tasks, check-in daily 💧 Claim faucet, swap, and add LP on the homepage! #Pharos #Testnet https://t.co/AFvxSOhdVS

keikozin_
Keiko @keikozin_
May 07, 2025

1/ Pharos (@pharos_network) itself raised $8M back in their Seed Round (2024) and backed by the best, such as Faction, HackVC, SNZ, and many other VCs. https://t.co/IzhQ4fIa9e

frankie_in_web3
Frankie in web3 @frankie_in_web3
May 07, 2025

1/ What is Pharos? Pharos is a new L1-Blockchain focused on bridging TradFi into the EVM world. They raised $8M from Hack VC, Faction, MH Ventures etc. This seed round is a great start for a major blockchain. Today they launched the Testnet Campaign. Rewards are confirmed. https://t.co/pR07nAWNHE

MarikFerii
Marik.eth @MarikFerii
May 08, 2025

Fundraising Nov 8, 2024 Pharos team raised $8 mln in a seed round. The investment will be used to build web3's payments infrastructure. https://t.co/Rs0aMNF2Wg