In a bold move to energize the AI ecosystem, Pharos Network has unveiled a six-week initiative named the "Create Like a PRO · Agent Carnival," featuring a prize pool of 150,000 PROS. This event coincides with the first anniversary of its Testnet launch and aims to transition AI Agents from mere concepts to functional on-chain economic actors.
The AI Agent Carnival will run from today until July 21, providing developers and users a platform for both competition and collaboration. Pharos Network seeks to showcase the capabilities of its AI Agent Layer, which has largely remained underutilized in practical applications until now. "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."
Two Phases of Engagement
The Carnival will unfold in two distinct phases. The first phase, called the Builder Season, began on May 25 with the internal Pioneer Workshop and officially escalates today with the Anvita Skill Summit open hackathon. This phase will culminate in the Pharos Agent Arena event set for July 6. Supported by industry leaders such as Alibaba Cloud, Certik, and Goplus, the Builder Season encourages developers to create reusable tools and production-ready primitives instead of temporary projects.
Following the Builder Season, the second phase will focus on user engagement. Scheduled from June 23 to July 21, the AI Carnival will guide users toward forming lasting habits in social interaction and payment through agent-mediated experiences. This includes the Gravity Launch track for social connections and the Resonance Creators hub for agent-generated content, enhanced by multi-dimensional leaderboards.
Incentives Driving Participation
To encourage participation, Pharos has allocated 150,000 PROS strategically across various activities. Of this, 100,000 PROS will be distributed to developers through initiatives like the Skill Hackathon and various invocation races. The remaining 50,000 PROS will engage users through tracks designed to promote social interaction and community co-creation.
Pharos aims to close the value loop among Skill creators, Agent builders, and end users on a single blockchain, transitioning the network effect from zero-to-one into one-to-many. The Carnival emphasizes the significance of genuine on-chain usage over temporary attention-seeking strategies.
Infrastructure for the Future
Pharos Network is a RealFi-native, EVM-compatible Layer 1 blockchain designed to facilitate institutional-grade assets and compliant financial operations. Its architecture supports high-frequency, low-cost transactions essential for the operation of AI Agents. The platform integrates advanced mechanisms such as ZK-KYC / AML, AsyncBFT consensus, and dualVM compatibility, positioning itself as a foundational layer for the future of programmable finance.
Backed by former leadership from Ant Group and prominent global investors, Pharos is building a bridge between traditional finance and on-chain liquidity. With partners like Circle, Chainlink, and Anchorage Digital, the network is set to connect regulated capital markets with innovative financial products, paving the way for real-world asset deployment in yield-generating strategies.
The AI Agent Carnival marks a significant moment for Pharos Network, aiming not only to showcase technological capabilities but also to cultivate a vibrant ecosystem where AI Agents can thrive economically. As the event progresses, the industry will be closely watching to see if it can fulfill its promise of transforming AI Agents from concept to active participants in the blockchain economy.
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