Brevis Network (Seed Token Round)
Funding Details
Awarder
Inbox
Date Award
June 1, 2024
Vertical
Blockchain Technology
Funding Amount
$7,500,000
Company Info
Traction
Brevis is currently in the beta mainnet stage with partners such as Kwenta, JoJo Exchange, and Trusta utilizing its technology. Other DeFi protocols are also building Brevis-powered products.
Organizations Involved
Kwenta, JoJo Exchange, Trusta, PancakeSwap, Frax, Gamma, Quickswap, Mask Network, 0G, Bedrock, Mellow Finance
Founders
Michael Dong
Market
Decentralized Finance (DeFi)
Location
Singapore
Coinvestors
Polychain Capital, Binance Labs, IOSG Ventures, Nomad Capital, Bankless Ventures, Hashkey
Company Description

Brevis Network is a ZK coprocessor designed to improve blockchain scalability using zero-knowledge proofs by enabling complex tasks to occur off-chain, thereby reducing the blockchain's workload, improving speed, and cutting costs.

Links