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Pharos Network, led by Hack VC and others, has recently launched its first public test network.
PANews March 24 news, L1 Blockchain developer Pharos Network announced on March 6 that its first public test network (Public Devnet) is officially online. This public test network aims to provide developers with a public development and testing environment for experimentation, deployment of smart contracts, performance benchmarking, and stress testing for the deployment of the mainnet. The Pharos team stated that the public test network is only for testing and development, the assets in the network have no actual value, and do not qualify for airdrop. Future plans include opening a Faucet system, improving development tools and resources, expanding service support, etc. According to previous news, L1 blockchain developer Pharos has completed an $8 million seed round of financing, led by Lightspeed Faction and Hack VC.