Brevis Announces $7.5M Seed Round to Shape the Future of Verifiable Computing

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Singapore, Singapore, November 11, 2024 – Brevis has announced the raise of $7.5 million in seed funding led by Polychain Capital and Binance Labs, and with participation from IOSG, Nomad Capital, Bankless Ventures, and Hashkey, as well as a number of amazing angel investors.

This ZK Proof can then be verified in on-chain smart contracts so that the applications are able to utilize the computation result with the same level of security as direct on-chain computation, all completely trust-free and at a fraction of the cost!

Brevis creates the opportunity for new use cases and features such as continuous protocol incentive distribution, user engagement and retention programs, decentralized blockspace marketplaces, user experience customization, autonomous DeFi parameter tuning, trust-free active liquidity management, automatic risk management in yield aggregators, intent automation and much more.

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Article Details

Author / Journalist: Keshav Aggarwal

Category: Crypto

Markets: IndiaSingapore

Topics: Brevis Crypto News Press Release

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 18:00:09 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 771 words

Reading Time: 5 minutes read

Sentences: 31 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 23524089

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