Protocol Village: Nexus Launches ‘World’s First Open Prover Network’ in Beta

Nexus, developer of a zero-knowledge virtual machine zkVM written in Rust, says it has launched the first beta release of the Nexus network, “the world’s first open prover network.” According to the team: “This is the first distributed zero knowledge VM-based prover network that is accessible to anyone. The network aggregates the collective power of any connected device, from massive GPU farms to your computer or phone. Our goal is to unite the world’s computers into a single supercomputer that will be able to prove all the Internet’s computations, unlocking the Verifiable Internet.”

Apex Fusion, a federated multi-chain layer-1 network that aims to provide a seamless experience for future blockchain builders and developers by combining the best of UTXO and EVM transaction execution methods into a single decentralized ecosystem, has completed its first private token sale. According to the team: “The startup raised $6 million for its token ecosystem with a fully diluted valuation of $180 million. The AF team said the funds are for marketing and further developing its network, comprised of Prime, Nexus and Vector chains. It provides native bridges, interoperability protocols, and developer tools.”

Livepeer, a decentralized video-streaming project, hosted an AI Demo Day, showcasing eight startups that participated in its AI Startup Program over the past three months. According to the team, “These groundbreaking startups are building the future of generative AI on decentralized infrastructure. They include: Flipguard, Katana Video, Newcoin, Operator, Origin Stories, Refraction, StreamEth and Supermodel. Applications are open for the Q4 cohort of the Livepeer AI Video Startup program, which includes $20K in grant funding. Applicants can apply here: https://livepeer.typeform.com/to/tMAF463P.”

Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.