Pharos Network, a financial Layer 1 blockchain designed for RealFi, has announced a six-week global initiative called the “Create Like a PRO · Agent Carnival” to mark the first anniversary of its Testnet launch. The event, running from today through July 21, features a total prize pool of 150,000 PROS tokens aimed at fostering the development and adoption of AI agents on-chain.
From Concept to Production: The AI Agent Evolution
Over the past two years, AI agents have transitioned from theoretical concepts to functional products within Web2, but their on-chain presence has remained largely demonstrative. Most current agents lack reusable skill assets, durable social graphs, and integrated payment behaviors. Pharos believes the true value of an AI agent lies in its ability to operate as a native on-chain economic actor—holding assets, invoking tools, coordinating with peers, and participating in value flows autonomously.
This shift requires a Layer 1 blockchain purpose-built for high-frequency, low-cost, composable agent behavior, along with an entry-point platform for seamless orchestration. The Agent Carnival serves as the first large-scale operational test of the Pharos AI Agent Layer, moving agents beyond demos into sustained, production-scale economic activity.
Two-Phase Campaign Structure
The campaign unfolds across two interlocking phases designed to systematically build the ecosystem. The first phase, Builder Season, began with an internal Pioneer Workshop on May 25 and officially scales up with the Anvita Skill Summit open hackathon, culminating in the Pharos Agent Arena by July 6. This hackathon is supported by industry sponsors including Alibaba Cloud, Certik, and Goplus. The progressive design forces builders to construct reusable tools and production-grade primitives rather than one-off demonstrations.
The second phase, the AI Carnival running from June 23 to July 21, inherits these developer assets and shifts focus to end-user acquisition. Through the Gravity Launch track for social connections and the Resonance Creators hub for agent-generated content, users are guided by multi-dimensional leaderboards into forming durable habits of social interaction and payment mediated by agents.
Prize Pool Allocation and Incentives
To underwrite this end-to-end ecosystem loop, Pharos has allocated a total campaign pool of 150,000 PROS, strategically weighted toward genuine usage and long-term asset retention rather than temporary acquisition. On the developer and infrastructure side, 100,000 PROS is distributed across the Skill Hackathon, the Developer-side Agent Invocation Race, the Steward Agent First-Deployment Incentive, and the Caller Invocation Race. The remaining 50,000 PROS is dedicated to user engagement, allocated across the Social and Transfer Track, the Top Transfer and Top Connector leaderboards, and the Anniversary Community Co-Creation Track.
By closing the value loop among skill creators, agent builders, and end users on the same chain, the network effect of the Pharos AI Agent Layer transitions from zero-to-one into one-to-many, proving that while subsidizing attention is a temporary means, accruing real on-chain usage is the ultimate end.
Strategic Context and Industry Implications
“AI Agents have generated more narrative than substance over the past two years,” said Wish Wu, Co-founder & CEO of Pharos. “This Carnival is where we put the thesis into production. It is the first time the Pharos AI Agent Layer is being measured publicly, under load, against the outcomes that actually matter.”
With Anvita Flow positioned as the unified gateway, the campaign threads previously fragmented agent behaviors into a single, observable, and incentivizable on-chain pathway encompassing skill design, agent creation, agent social, agent payment, and agent co-creation.
Pharos Network is a RealFi-native, EVM-compatible Layer 1 built for institutional-grade assets, compliant finance, and internet-scale capital markets. The network is supported by strategic partners including Circle, Chainlink, Anchorage Digital, Morpho, and Centrifuge, and is backed by investors such as Sumitomo Corporation, Flow Traders, SNZ, Hack VC, and Faction VC. For more on related developments, see Bitrue's launch of an explainable AI trading tool and AlphaX's global zero-fee trading initiative.
This article is for informational purposes only and does not constitute financial advice.
