According to BlockBeats, ZK proof incentive network NovaNet announced on June 25 that it has successfully raised $3 million in funding. The funding round was led by Finality Capital, with participation from several institutions including Arrington Capital and the Avalanche Foundation.
NovaNet is dedicated to building the world's first ZK proof incentive layer applicable to various scenarios. It provides locally verifiable computing and privacy protection applications, supporting a wide range of applications from AI, decentralized Internet of Things (DePIN) to gaming. The funding will likely be used to further develop and expand these services.