Project Overview: Pharos Network - High-Performance L1 Blockchain
Pharos Network is a high-performance, EVM-compatible Layer-1 blockchain designed to bridge Web2 and Web3 at internet scale. The project focuses on DeFi, Real-World Assets (RWA), and scalable DePIN (Decentralized Physical Infrastructure Networks) with deep-parallel architecture and 1-second finality capabilities.
Seed Funding & Strategic Positioning
Funding Details:
- • $8M Seed Round: November 2024
- • Co-Led by: Lightspeed Faction & Hack VC
- • Strategic Anchor: SNZ Capital
- • Key Investors: Reforge, Dispersion Capital, Hash Global
Market Positioning:
- • Target: Enterprise-grade DeFi solutions
- • Focus Areas: RWA tokenization, real-time payments
- • Competitive Edge: Web2-equivalent UX at scale
- • Developer Friendly: Ethereum compatibility
The project emphasizes compatibility for Ethereum developers through a dual VM model (EVM + WASM) that provides flexibility and performance optimization. This strategic approach positions Pharos as "the fastest EVM-compatible L1" targeting institutional adoption and mainstream Web3 integration.
Technical Infrastructure: Dual VM Architecture & Performance
Pharos Network's technical architecture represents a significant advancement in blockchain performance, featuring a dual-VM execution environment that combines EVM compatibility with WASM efficiency. The platform achieves remarkable performance through speculative/parallel execution and pipelined processing capabilities.
Pharos Network Technical Performance Metrics
Core Technical Features
Performance Capabilities:
- • 30,000 TPS: Target transaction throughput
- • 1-Second Finality: Ultra-fast confirmation times
- • Parallel Execution: Speculative transaction processing
- • SALI-Based Grouping: Reduced conflict optimization
Architecture Benefits:
- • Dual VM Support: EVM + WASM compatibility
- • Pipelined Processing: Enhanced throughput efficiency
- • Developer Friendly: Ethereum tooling compatibility
- • Scalable DePIN: Infrastructure network support
The platform's SALI-based transaction grouping mechanism significantly reduces conflicts and improves both throughput and latency. This technical innovation enables Pharos to deliver enterprise-grade performance while maintaining full EVM compatibility for seamless developer migration from Ethereum.
"Pharos Network's dual-VM architecture represents a paradigm shift in blockchain design, combining the familiarity of EVM with the performance benefits of WASM to create a truly scalable Layer-1 solution for enterprise adoption."
Korean Market Analysis: Strategic Opportunity Assessment
Korea remains one of the world's most active cryptocurrency markets, with KRW trading consistently ranking near the top of global volume. The market demonstrates strong retail participation and sophisticated user engagement, making it an ideal target for high-performance blockchain solutions like Pharos Network.
Korean Cryptocurrency Market Landscape
Market Opportunity Indicators
Market Scale:
- • 9.7M Verified Users: ~20% of population engaged
- • Upbit Dominance: 69% market share (Feb 2025)
- • High Liquidity: Concentrated but deep pools
- • Retail Focus: Strong individual participation
Strategic Advantages:
- • Early Adopters: Sophisticated crypto community
- • DeFi Interest: Growing institutional liquidity
- • Regulatory Clarity: Established framework
- • Tech Savvy: High blockchain literacy rates
For a high-performance L1 targeting DeFi/RWA applications and exchange-like user experience, Korea represents a fertile community base for both early adopters and institutionalizing liquidity over time. The market's concentration provides focused engagement opportunities while maintaining significant depth for meaningful adoption.
Campaign Strategy: Multi-Platform Community Launch
The Pharos Network Korea community launch campaign was designed as a comprehensive initiative to establish official Korean community channels, drive awareness of the project's seed funding and L1 positioning, and create a low-friction onramp for Korean users to join and engage with the ecosystem.
Campaign Objectives & Structure
Primary Objectives:
- • Community Establishment: Official Korean channels
- • Brand Awareness: Seed funding visibility
- • User Onboarding: Low-friction entry process
- • Engagement Building: Active participation incentives
Target Audience:
- • DeFi Enthusiasts: Advanced protocol users
- • L1 Investors: Infrastructure-focused community
- • Korean Crypto Users: Local market participants
- • Early Adopters: Technology-forward individuals
Telegram Channel Architecture
The campaign centered around establishing two complementary Telegram channels to serve different community needs: an announcement channel for official updates and a community chat for active engagement and discussion.
Announcement Channel
Official updates & news
578 subscribers (Day 2)Community Chat
Active discussions & engagement
573 members, 158 onlineEntry Event & Incentive Structure
The launch celebration featured a culturally relevant reward system designed to maximize participation within the Korean crypto community, utilizing popular local gift options to ensure broad appeal and engagement.
Prize Distribution
Starbucks coffee gifticons (100 winners) + Chicken gifticons (30 winners)
Campaign Execution: Implementation & Mechanics
The campaign execution followed a structured approach with clear participation requirements and verification steps. The four-day campaign window (September 17-20, 2025) was designed to create urgency while allowing sufficient time for organic community growth and engagement.
Participation Requirements
Step-by-Step Process:
- • Step 1: Join announcement channel
- • Step 2: Join community chat
- • Step 3: Post greeting (e.g., "gPharos")
- • Step 4: Submit Google Form
Campaign Timeline:
- • Start Date: September 17, 2025
- • End Date: September 20, 2025
- • Duration: 4 days total
- • Status: Day 2 of 4 (in progress)
The campaign leveraged Google Forms for data collection, ensuring compliance with Korean privacy regulations while maintaining user-friendly participation. The greeting requirement ("gPharos") created immediate community engagement and helped establish the project's brand presence within the Korean crypto ecosystem.
Campaign Participation Funnel
"The campaign's multi-step verification process effectively balances accessibility with quality control, ensuring genuine community engagement while preventing automated participation that could dilute the community's value."
Initial Results: Day 2 Performance Assessment
As of September 18, 2025 (Day 2 of the 4-day campaign), the initiative demonstrates strong initial traction with healthy growth across both Telegram channels. The engagement velocity indicates successful resonance with the Korean crypto community and effective campaign messaging.
Real-Time Campaign Metrics
Day 2 Performance Snapshot
Channel Growth:
- • Announcement Channel: 578 subscribers
- • Community Chat: 573 members
- • Active Users: 158 concurrent online
- • Engagement Rate: 27.6% active participation
Campaign Momentum:
- • Form Submissions: Active and accessible
- • Community Activity: Greeting posts visible
- • Growth Trajectory: Steady daily increases
- • Quality Metrics: High engagement ratio
Performance Interpretation
The engagement velocity on Day 1-2 indicates strong initial traction for an L1 blockchain entering the Korean market. The clear narratives around DeFi/RWA/parallel EVM capabilities, combined with credible seed backers like Lightspeed Faction and Hack VC, have resonated well with local power users who recognize these as familiar and reputable names in the ecosystem.
Growth Velocity
Strong Day 1-2 momentum
Above expectationsCommunity Quality
High engagement ratios
Quality over quantityFuture Outlook
Continued momentum expected
Through prize windowStrategic Impact and Future Implications
The Pharos Network Korea community launch represents more than a tactical marketing initiative—it demonstrates a strategic commitment to Asian market expansion with Korea serving as a gateway market. The campaign's early success validates the project's positioning and approach to international community building.
Long-Term Strategic Positioning
Market Entry Strategy:
- • Gateway Market: Korea as Asian expansion hub
- • Community First: Organic growth foundation
- • Quality Focus: Engaged users over volume
- • Cultural Relevance: Localized engagement approach
Competitive Advantages:
- • Technical Superiority: 30,000 TPS capability
- • Funding Credibility: Tier-1 VC backing
- • Developer Friendly: EVM compatibility
- • Market Timing: Korean DeFi adoption curve
The campaign's emphasis on technical capabilities (parallel EVM, 1-second finality) combined with practical applications (DeFi, RWA, DePIN) aligns well with Korean investors' preference for projects with tangible utility and performance metrics. This positioning creates a strong foundation for sustained community growth and ecosystem development.
"Pharos Network's Korean market entry strategy demonstrates sophisticated understanding of local community dynamics, combining technical excellence with culturally relevant engagement to build meaningful, long-term relationships within the Korean blockchain ecosystem."
Campaign Summary & Classification
Campaign Metrics:
- • Type: Community Building & Launch
- • Duration: 4 days (Sep 17-20, 2025)
- • Channels: Telegram (Announcement + Chat)
- • Incentives: Korean cultural preferences
Key Results (Day 2):
- • Announcement: 578 subscribers
- • Community: 573 members (158 active)
- • Engagement: 27.6% active participation
- • Trajectory: Exceeding expectations