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The Pharos Foundation has been officially established, marking an important milestone towards the TGE and Mainnet in early 2026.
ChainCatcher news, EVM Layer 1 Blockchain Pharos Network announced the official establishment of the Pharos Foundation, marking an important milestone for Pharos Network as it moves towards the TGE and mainnet launch in early 2026. This will establish a structured, transparent, and governance-oriented foundation model, laying the groundwork for the long-term development of the ecosystem. Around the time of TGE, the Pharos Foundation will also provide the framework, documentation, and transparent processes needed for sustainable Token governance and ecosystem development. The foundation will work around four core pillars: ecosystem support, technology development, governance and transparency, and education. After the establishment of the Pharos Foundation, Pharos will provide funding and projects for builders and developers to promote trustworthy collaboration with TradFi and institutional participants.

