Chinese people start L1, will it be different this time?

I saw a tweet from Bo that he joined @pharos_network, so I did some research. It is a 100% Chinese project, but it is a traditional financial team of Ant Financial (Alipay). The risk is that people from traditional finance may be obsessed with technology and do not understand the web3 community and special economic models.

The $8 million raised by the L1 public chain should be burned quickly, and the next round of financing is needed as soon as possible. The advantages are: the narrative is big enough, the team is carefully selected, and the product can generate positive cash flow.

But you still have to do some airdrops to protect yourself, maybe? Who knows what will happen in a year?

🛠 Tutorial starts (5 minutes to get started)

✅ Step 1: Open the official website and connect to your wallet

🔗 Link (including invitation code): 👉https://t.co/HfQpWLPmLP

After entering the page, click Connect Wallet in the upper right corner

Select your favorite wallet (ok wallet is recommended)

✅ Step 2: Add network + receive test coins

The page will prompt you to add "Pharos test network", click to confirm (wallet will pop up)

After adding, click the CLAIM NOW button to receive the test coins (about 1-2 seconds to arrive)