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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 Jun 29, 2025 $4.5M Dao5, KR1, Hashkey Capital +1 more
Seed May 06, 2025 $8.0M Dao5, Lyrik Ventures, Tane Labs +20 more
Founders
Investors
C
Canonical Crypto

Venture Capital

C
Chorus One

Venture Capital

D
Dao5

Venture Capital

D
DispersionVC

Venture Capital

F
Faction

Venture Capital

F
FactionVC

Venture Capital

F
Fraction VC

Venture Capital

G
Gate Labs

Investor

H
Hack VC

Venture Capital

H
Hash Global

Venture Capital

H
HashGlobal

Venture Capital

H
Hashkey Capital

Venture Capital

K
KR1

Venture Capital

L
LegendStar

Venture Capital

L
Lightspeed Faction

Venture Capital

L
Lyrik Ventures

Venture Capital

M
MH Ventures

Venture Capital

S
SNZ

Venture Capital

S
SNZ Holding

Venture Capital

T
Tane Labs

Venture Capital

Z
Zion

Venture Capital

c
chorus_ventures

Venture Capital

g
genventurecap

Venture Capital

h
hackvc

Venture Capital

r
reforge_vc

Venture Capital

s
snzholding

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

mynatix
Mynatix @mynatix
May 13, 2025

@pharos_network 9/ Team & Funding: Founded by former blockchain leaders at AntChain and Alibaba, the Pharos team brings deep enterprise experience. In November 2024, Pharos raised $8M in a seed round led by Faction and Hack VC.

0xOzorafd
Ozora✨ @0xOzorafd
May 15, 2025

Who’s backing this thing? Pharos just raised an $8M seed round led by dao5, with support from some big names: Lyrik Ventures Tane Labs Canonical Crypto And a bunch of angel investors who probably tweet in lowercase and farm airdrops.

0xFreebiestech
Freebiestech @0xFreebiestech
May 16, 2025

🔊 Pharos Testnet ■ Reward Earn Points = Token ■ Raised $8M ​​Pharos, a deep-parallel Layer 1 network, has raised $8 million in a Seed round led by @hack_vc and @FactionVC with participation from other notable VCs. 📍Scroll down and Join Testnet https://t.co/xSRpSxIBif

EligibleDAO
Eligible DAO @EligibleDAO
May 16, 2025

Pharos testnet @Pharos_network is an ultra-fast, EVM-compatible blockchain platform, designed to revolutionize finance by seamlessly connecting traditional and decentralized systems ✅ Raised $8 million in the seed round ✅ Zero-costs testnet ✅ OG role can still be earned How

gemparser
gemparser @gemparser
May 16, 2025

@pharos_network ✦ 𝗜𝗡𝗩𝗘𝗦𝗧𝗠𝗘𝗡𝗧𝗦: Pharos raised $8M in a seed round led by @hack_vc and @FactionVC, with support from @snzholding, @reforge_vc, @DispersionVC, @HashGlobal, @genventurecap, @MH_Ventures, @chorus_ventures, LegendStar, and Zion. https://t.co/8IdXNyLiuH

Andriy_shkinder
Andrii🍊,💊 @Andriy_shkinder
May 16, 2025

🔵Pharos is an EVM-compatible L1 blockchain aiming to upgrade payment solutions and accelerate innovation in DeFi, RWA, DePIN, and cross-chain interoperability. 💰 Raised $8M in a seed round backed by Hack VC, Faction, MH Ventures & more. They were on pause for maintenance, but https://t.co/xRiUpilBKu

0xQuonlix
Quonlix @0xQuonlix
May 18, 2025

2/ Backers Pharos raised $8M in a seed round led by Hack VC and Faction, with participation from SNZ Holding, MH Ventures, and others to accelerate RWA adoption Lead by HackVC it's a good sign) https://t.co/Ydf7pJfnO7

JsRain_channel
Js Rain @JsRain_channel
May 19, 2025

🔥🔥 Auto Làm Airdrop Dự Án Pharos (L1) 🛒 GPM Store: Auto Pharos Testnet Full Chức Năng https://t.co/urBwxQPC8j Raised: 8M$ trong vòng Seed Round, được đầu tư bởi HackVC, Faction, SNZ, Reforge, Hashglobal, và các quỹ đầu tư khác. Airdrop: Đã xác nhận có chương trình https://t.co/0Kks6UQPVf

JsRain_channel
Js Rain @JsRain_channel
May 19, 2025

🔥🔥 Auto Làm Airdrop Dự Án Pharos (L1) 🛒 GPM Store: Auto Pharos Testnet Full Chức Năng https://t.co/urBwxQPC8j Raised: 8M$ trong vòng Seed Round, được đầu tư bởi HackVC, Faction, SNZ, Reforge, Hashglobal, và các quỹ đầu tư khác. Airdrop: Đã xác nhận có chương trình https://t.co/msQeaJu9V6

JsRain_channel
Js Rain @JsRain_channel
May 19, 2025

🔥🔥 Auto Làm Airdrop Dự Án Pharos (L1) 🛒 GPM Store: Auto Pharos Testnet Full Chức Năng https://t.co/urBwxQPC8j Raised: 8M$ trong vòng Seed Round, được đầu tư bởi HackVC, Faction, SNZ, Reforge, Hashglobal, và các quỹ đầu tư khác. Airdrop: Đã xác nhận có chương trình https://t.co/lyZ4QglpBk

NawatStreat
NawatStreat @NawatStreat
May 19, 2025

@pharos_network Funding and Team 💨Funding: Pharos raised $8 million in a seed round led by Lightspeed Faction and HackVC, demonstrating investor confidence in the project. 💨Team: Founded by former blockchain leaders from Ant Group and Alibaba, bringing deep experience in financial technology https://t.co/qXdsupd0ue

JsRain_channel
Js Rain @JsRain_channel
May 19, 2025

🔥🔥 Auto Làm Airdrop Dự Án Pharos (L1) 🛒 GPM Store: Auto Pharos Testnet Full Chức Năng https://t.co/urBwxQPC8j Raised: 8M$ trong vòng Seed Round, được đầu tư bởi HackVC, Faction, SNZ, Reforge, Hashglobal, và các quỹ đầu tư khác. Airdrop: Đã xác nhận có chương trình https://t.co/iFuv3oO3iy

0xKangLiu
Liu Kang @0xKangLiu
May 19, 2025

Pharos @pharos_network - Testnet 💲 Free to participate 💰 Raised $8M in seed round led by Lightspeed Faction and Hack VC, with SNZ Capital and others. 📚 What is Pharos? Pharos is a Layer 1 blockchain platform bridging TradFi and DeFi, offering fast, scalable, secure https://t.co/KxMbKXcCKT

followin_io
Followin @followin_io
May 21, 2025

2️⃣ Backed by Top VCs Pharos raised $8M seed round on Nov 8, 2024. Led by: 🔹 Faction 🔹 Hack VC With participation from: SNZ, Hash Global, MH Ventures, Chorus One, etc.

cloudtechvn
☁ C L O U D TECH @cloudtechvn
May 21, 2025

4⃣ Strong Funding & Backing 💰 Pharos raised $8M in a seed round led by Hack VC, with support from top-tier investors. This financial stability ensures long-term growth and resources for developers. 📈

airdroppedlink
Airdropped.link 🪂 @airdroppedlink
May 22, 2025

Airdrop series 28: @pharos_network - Modular & Full-stack Parallel L1 Blockchain Network Pharos has launched its testnet with a confirmed airdrop! You can swap, add liquidity, invite friends, and complete social tasks. Raised $8M in seed round lead by @hack_vc and @FactionVC https://t.co/khoaFwOl28

cilinbby
Callmecilin @cilinbby
May 29, 2025

Pharos has raised $8 million in a Seed round led by Hack VC and Faction VC, supported by MH Ventures, SNZ Holding, Hash Global, Chorus One, and Dispersion VC. Hack VC: A deeply technical Web3 investor helping Pharos build a high-performance blockchain for real-world assets and https://t.co/6YneqBffhG

IamSannwalaw
Doge Lawyer @IamSannwalaw
Jun 03, 2025

A WELL DIGESTED DETAILED Guide for @pharos_network Cost : 0$ Tools : Mobile or PC ( I'm using My mobile tho) Pharos Testnet raised $8M in a Seed round fundraising. Backed By Hack VC and Fraction VC. Pharos Is one of the Fastest EVM Layer 1 Unleashing TradFi In Web,designed to https://t.co/UkBMhYgNQy

xsh9933
xsh9933 @xsh9933
Jun 11, 2025

Today I officially joined @pharos_network test net experience program. @pharos_network is a High-performance EVM Layer 1 for RWA. Scalable, modular & institutional-grade Blockchain with 30K TPS/s finality. They raised 8M in seed round, more fundraising may occur in the https://t.co/u6jyMdDDZl

Abramov_crypt0
Artem 🧪 Airdrops & Testnets @Abramov_crypt0
Jun 29, 2025

1. What is Pharos? It’s a privacy-preserving oracle network powered by ZK proofs. 🔸 Focus: On-chain data feeds with privacy 🔸 Tech: Cosmos-based, EigenLayer AVS 🔸 Backers: dao5, KR1, HashKey, Gate Labs 🔸 $4.5M raised in seed round https://t.co/8u9im6muN8

Gosshunter_eth
Gossip hunter.eth @Gosshunter_eth
Jun 30, 2025

@pharos_network project raised $8 million in seed round on November 9, 2024. To better understand how Pharos works, think of it as a “speedboat” in the blockchain world: Residential Asset Tokenization (RWA): Suppose you own a house in Vietnam. Pharos allows you to turn the https://t.co/a7OmPLrN1U https://t.co/UdpsJGmw65

bySytam
Vlad Sytam @bySytam
Aug 17, 2025

What is Pharos? 🔹 New Layer 1 blockchain 🔹 $8M raised in seed round 🔹 Confirmed token + airdrop 🔹 Full DeFi stack: own chain, ZenithSwap DEX, XP + levels Levels = bigger airdrop