TechFlow News — NovaNet, a decentralized proof network, has announced the completion of a $3 million funding round led by Finality Capital, with participation from multiple institutions including Arrington Capital and the Avalanche Foundation, aiming to build the world's first incentive layer for zero-knowledge proofs applicable across diverse scenarios.
NovaNet provides native verifiable computing and privacy-preserving applications, supporting a wide range of use cases from AI and decentralized physical infrastructure networks (DePIN) to gaming. Its zkVM, based on the NIVC (Non-Uniform Incremental Verifiable Computation) paradigm, allows developers to select circuit sizes according to their needs, optimizing memory and performance, while users only pay for the resources they actually use.
