Pharos Network Launches Builder Base Camp in Partnership with Hackquest

Mar 10, 2025

 

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We're thrilled to announce the launch of Pharos Builder Base Camp, a global initiative in partnership with Hackquest, designed to empower developers, startups, and institutions to build the next generation of Real-World Asset (RWA) applications, decentralized payments, and financial innovations on Pharos Network.

What is Pharos Builder Base Camp?

Pharos Builder Base Camp, powered by the expertise of Hackquest, is a comprehensive program that bridges the gap between TradFi and DeFi unlocking new opportunities for financial inclusion, scalability, and market expansion. By leveraging Pharos' high-performance blockchain architecture, advanced modular stack, and cross-chain interoperability, participants will gain hands-on experience, expert mentorship, and access to Pharos' ecosystem of Special Processing Networks (SPNs), native restaking, and high-speed parallel execution frameworks.

Key Dates:

  • Registration Start: March 10, 2025
  • Submission Deadline: April 30, 2025 (extendable to May 3, 2025)
  • Demo Day: May 15, 2025

Program Structure:

The Builder Base Camp Program aims to provide technical knowledge, mentorship and support to build and ship projects on Pharos. The program is divided into key phases, starting from onboarding and technical deep dives and going all the way to the pitching projects on the Demo Day. Each phase is designed to ensure that participants not only build but also deploy and scale their innovations on Pharos Network.

Phase 1: Onboarding and Kick-Off

  • The registration process for the Pharos Builder Base Camp will begin from 10th March 2025.
  • Once the registration is complete, there will be a team formation and onboarding call.
  • Following the onboarding and team formation, there will be an idea brainstorming session with all the teams participating.
  • The Builder Base Camp will also have weekly Office-Hours for mentoring and advice.

Phase 2: Lecture Series & Hand-On Workshop

  • There will be a Deep Dive session on the Pharos Network to explore the technical architecture and its core technologies.
  • Following the Deep Dive series, developers will also get to know “How to Build Projects on Pharos” during various workshops.

Phase 3: Building & Testing

  • There will be an extensive session on exploring various contract standards for RWA, TradFi and DeFi to ease the development process.
  • There will be extensive support for builders through offline Base Camps in India, China and Vietnam.
  • The builders will be mentored to build market ready projects.
  • There will be sessions on business model, institutional adoption, and ecosystem scaling to prepare the teams for project submission and Demo Day.

Phase 4: Project Submission & Demo Day Pitches

  • The final stage of the Builder Base Camp will be project submission by all the teams.
  • Following the project submission, the teams will be shortlisted to present their Project Pitch during the Demo Day.
     
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Prize Tracks:

Details of the prize tracks for the Pharos Builder Base Camp:

TrackPrize PoolWinners
RWA & Payments                  
 
$125,000
 
5
 
DeFi
 
$100,000
 
5
 
Open Innovation
 
$50,000
 
3
 
Tooling & Infra
 
$25,000
 
5
 
Total$300,00018

 

 

 


 

Why Join Pharos Builder Base Camp?

  • Global Reach: Participate from anywhere in the world, fostering diverse perspectives and innovative solutions.
  • High-Performance Infrastructure: Leverage Pharos' parallel execution and specialized processing networks for scalable, efficient applications.
  • Break Boundaries: Explore the integration of TradFi and DeFi within Pharos' modular and composable ecosystem.
  • Startup & Entrepreneurial Spirit: Showcase ideas, build prototypes, and gain market traction through grants, incubation, and strategic partnerships.

How Pharos Empowers Builders:

Pharos offers unique features to support complex financial applications and real-world assets:

i) Modular & Scalable Infrastructure:

  • L1-Base: High-performance data availability with hardware acceleration.
  • L1-Core: A decentralized, high-throughput blockchain with subsecond finality for real-time transactions.
  • L1-Extension: Enables Special Processing Networks (SPNs), cross-SPN interoperability, and native restaking to expand financial applications seamlessly.

ii) High-Speed Parallel Execution & Data Processing:

  • Pharos Virtual Machine (PVM): Optimized for parallel transaction execution, reducing congestion and latency.
  • Parallel Merklization & Indexing: Enables high-speed asset transactions, real-time verification, and seamless integration with external TradFi systems.
  • Full Life Cycle Asynchronous Pipelining: Enhances efficiency by processing transactions independently, ensuring uninterrupted performance.

iii) Cross-Chain Interoperability & Financial Ecosystem Integration:

  • Decentralized Data Exchange Protocol: Synchronizes external financial data sources with Pharos applications to enable real-world financial integrations.
  • Adaptive Restaking Interaction Protocol: Facilitates shared security and liquidity circulation, allowing seamless DeFi & TradFi asset movements (e.g., stBTC, stETH, tokenized securities).
  • SPN-Native Restaking: Allows developers to create customized financial services leveraging the computing power of Pharos validators.

These cutting-edge capabilities ensure that builders on Pharos can create scalable, regulatory-compliant, and high-performance financial applications for global adoption.

Join the Pharos Builder Base Camp and be part of the revolution in bridging TradFi with DeFi. Whether you're working on tokenized assets, decentralized payment rails, or cross-chain financial infrastructures, this is your opportunity to turn ideas into reality on a cutting-edge blockchain platform.

Ready to dive in?

Register for Pharos Builder Base Camp starting March 10, 2025, and let's build the next generation of financial applications together!

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