Pharos Network Launches Over $10 Million RealFi Incubation Program with Hack VC and Others Participating

Odaily News Pharos Network has announced the launch of a builder incubation program named "Native to Pharos," with a funding pool exceeding $10 million. The program aims to accelerate innovation within its on-chain financial ecosystem, with a focus on the intersection of real-world assets (RWA), DeFi, and blockchain infrastructure.

The incubation program is supported by partners including Hack VC, Draper Dragon, Lightspeed Faction, and Centrifuge. Participating projects will receive technical guidance, strategic support for product launch and scaling, as well as access to a network of investors and ecosystem partners. Pharos Network is a RealFi Layer 1 blockchain developed by former Ant Group executives and engineers. The program is now open for applications, with its first recruitment event to be launched in Hong Kong.