Pharos Launches AI Agent Carnival, Introducing a $150,000 $PROS Prize Pool to Incentivize Agent Transition Toward Production-Grade Applications

Pharos Network—a institutional-grade Layer 1 blockchain focused on Real-World Finance (RealFi) and AI—has launched a six-week global initiative to kick off the summer season for Alpha $PROS, marking the one-year anniversary of its public testnet launch. The “Create Like a PRO · Agent Carnival” begins today and runs through July 21, with Pharos allocating a total prize pool of up to 150,000 $PROS.

Over the past two years, AI Agents have crossed the chasm from concept to product in traditional domains—but their onchain presence remains largely confined to demonstrations. Most current Agents lack reusable skill assets and have yet to establish enduring social graphs or payment behaviors. Pharos believes the true value of AI Agents lies in their ability to operate as native onchain economic actors—holding assets autonomously, invoking tools, coordinating with peers, and participating in value flows on their own behalf. Realizing this vision requires both a Layer 1 purpose-built for high-frequency, low-cost, composable Agent behavior—and a seamless orchestration platform as an entry point. This Carnival represents Pharos’ first large-scale operational test of its AI Agent layer, aiming to move Agents beyond demos into sustained, production-grade economic activity—the critical leap from narrative to scalable validation.

Wish Wu, Co-Founder and CEO of Pharos, stated: “For the past two years, the discourse around AI Agents has far outpaced execution. With this Carnival, we’re rolling up our sleeves, putting real incentives on the table, and getting things done. It’s also the first time Pharos’ AI Agent layer is publicly opened for stress testing and developer scrutiny—shifting focus back squarely onto real-world implementation.”

Anvita Flow serves as the unified entry point for this Agent Carnival, stitching together previously fragmented Agent activities into a single observable, incentivizable onchain pathway—spanning Skill design, Agent creation, Agent socialization, Agent payments, and Agent co-creation. The Carnival unfolds in two tightly integrated phases. First is the “Developer Season,” structured as a dual-track hackathon—“Skills First, Agents Next”—designed to drive ecosystem accumulation from modular capabilities to fully-fledged intelligent agents over six weeks. An internal Pioneer Workshop launched on May 25. Today, the Anvita Flow Skill Summit Public Hackathon kicks off at scale, culminating in the Pharos Agent Arena on July 6. This hackathon is supported by industry sponsors including Alibaba Cloud, GoPlus, and CertiK. Its progressive design mandates that Agents invoke real Skills to complete complex tasks—pushing builders to shift from crafting one-off demos toward developing reusable tools and production-grade primitives, establishing an onchain value chain: “Skill Creator → Agent Developer → End User.” Following Developer Season, the “AI Carnival” runs from June 23 to July 21. Building upon developers’ assets, it emphasizes social connectivity via the “Gravity Launch” track and Agent-generated content through the “Resonance Creator” hub—leveraging multi-dimensional leaderboards to guide users toward cultivating Agent-mediated social interactions and payment habits.

To support this end-to-end ecosystem loop, Pharos has allocated a total activity prize pool of 150,000 PROS—rewarding assets that are genuinely used and retained long-term. On the developer and infrastructure side, 100,000 PROS will be distributed across the Skill Hackathon, Developer-Side Agent Invocation Competition, Steward Agent First-Deployment Incentive, and Invocation Competition. The remaining 50,000 PROS are dedicated to user participation—distributed across Social & Transfer Tracks, “Most Transfers” and “Most Friends” leaderboards, and the Anniversary Community Co-Creation Track.

By closing the value loop among Skill Creators, Agent Developers, and AI Users on a single chain, Pharos’ AI Agent layer is progressing from zero-to-one toward one-to-one-hundred in network effects. Outstanding developers and teams will be invited into Pharos’ incubator selection pool, gaining access to potential incubation opportunities.

About Pharos

Pharos is an EVM-compatible, institutional-grade Layer 1 blockchain purpose-built for real-world finance (RWF), regulated financial services, and global capital mobility.

To power authentic onchain financial activity, Pharos deeply integrates high-concurrency parallel execution, modular Special Processing Networks (SPNs), and protocol-level compliance infrastructure—including ZK-KYC/AML mechanisms, AsyncBFT consensus, and a dualVM architecture (supporting both EVM and WASM)—to deliver internet-scale throughput for RWAs, stablecoins, cross-border settlements, onchain yield markets, and programmable financial products.

Pharos has established partnerships with leading institutions across the global financial system—including Circle, Chainlink, Anchorage Digital, Morpho, and Centrifuge—to bridge regulated capital markets with onchain liquidity venues, enabling real-world assets to be deployed into strategies that generate genuine yield.

Pharos was founded by former core management and technical leaders from Ant Group, with backing from global financial institutions and infrastructure investors including Hack VC, Faction VC, Sumitomo Corporation, Flow Traders, and SNZ.