On April 6, Future3 Campus, jointly launched by Wanxiang Blockchain Lab and HashKey Group, officially launched the "Pharos Incubator" with Pharos Network. The incubator will focus on supporting high-quality projects within the Pharos Network ecosystem, and through a nine-month entrepreneurial incubation, it will help the rapid development of projects within the Pharos ecosystem. This incubator will screen no more than 15 high-potential projects, and the selected teams will have the opportunity to receive investment funding and resource support from the $20 million Pharos Ecosystem Fund. The recruitment channel is now open and registration ends on May 11.

Welcome to apply for the camp: https://tally.so/r/3XzqDj

The projects recruited by Pharos Incubator this time focus on the following tracks:

•RWA and payment tracks, such as institutional-level RWA platforms, RWA-collateralized lending platforms, asset tokenization tools, payment protocols, etc.;

•Decentralized financial track, such as DEX, Web3 wallet, lending protocol, etc.;

Today we conducted an exclusive interview with the core members of Pharos Network, hoping that those who are willing to join the incubation camp can have a more comprehensive and in-depth understanding of Pharos’ team background, competitive advantages and strategic layout.

Q: Can you briefly introduce Pharos Network?

A: Pharos Network is a revolutionary Layer 1 public chain founded by core members of the former Ant Group blockchain team, aiming to set new standards for blockchain technology. As the most powerful EVM-compatible public chain, Pharos will be able to achieve a processing capacity of 50,000 transactions per second (50K TPS), and is the world's first EVM-compatible Layer 1 to achieve 2 gGas/sec performance.

Q: What kind of public chain ecosystem does Pharos Network hope to create?

A: Pharos' core mission is to provide the best blockchain infrastructure for real-world assets (RWA) and enterprise-level DeFi applications. With our excellent technical architecture and strong scalability, Pharos builds an efficient and secure bridge between traditional financial assets and the decentralized financial world, allowing enterprises to easily put physical assets on the chain and participate in the decentralized financial ecosystem.

Q: What is the team background? What kind of resource support can Ant Group provide for ecological projects?

A: Pharos was founded in July 2024 by former core members of Ant Group's blockchain business. Its CEO is Alex Zhang, former CTO of Ant Chain. The core team of Pharos has experience in implementing tokenization projects such as GCL and Longxin RWA. Other members of the team also come from leading industry institutions such as Solana, Ripple and OKX. In the future, Pharos Network will work closely with Ant Group, relying on the resource advantages of Ant Group to integrate financial/physical asset issuance, risk control compliance, fund management and other resources to create an RWA ecosystem.

Q: From a technical perspective, what are the competitive advantages of Pharos Network?

A: Pharos Network has a breakthrough technical architecture that can support extremely high transaction processing speed and data throughput; Pharos Devnet has been measured to reach 20K TPS/1gGas per second, and will reach 50K TPS/2gGas per second in the future, all running on 16-core/32GB hardware. Other technical advantages include cutting-edge technologies such as dual VM, asynchronous pipeline and SPN, with performance far ahead of traditional EVM chains, covering 5 major regional node networks around the world, and supporting more than 1 billion accounts.

Q: What is the current financing situation? Which institutions have participated in the investment?

A: We have received seed round financing led by Lightspeed Faction and HackVC. Other top investors include Reforge, Dispersion Capital, Hash Global, Generative Ventures, Legend Star, Zion and Chorus One, with strong financial strength. Hack VC and other investment institutions have also expressed positive comments on Pharos Network in public channels many times. We will maintain a long-term strategic partnership.

Q: Devnet is now online. When will Testnet and Mainnet be launched? What kind of product links do you hope to open up in the RWA field after the launch of Mainnet?

A: Testnet and Mainnet are planned to be launched in the second and third quarters. After the launch of Mainnet, we hope to have a mature RWA asset issuance system to promote high-quality assets on the chain, so that funds can be deployed by stablecoin issuers, large payment companies and other institutions. On this basis, DeFi infrastructure can enrich lending and other gameplay to improve the secondary market liquidity of RWA assets. At present, in various links, we are finalizing cooperation plans with the industry's leading players, and we also hope that these excellent infrastructures can better empower the settled project parties, and then feed back to the ecology through incubating project parties, thereby forming a flywheel effect.

If you are interested in Pharos and RWA, you are welcome to apply for the camp: https://tally.so/r/3XzqDj