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Chain Gaming Project [Open Loot] (OL) Launches on Major Platform! Celebration Event Kicks Off, Hype …
Latest Updates on Open Loot Open Loot (OL) is now live on BN Alpha Beta. Eligible users with at least 233 BN Alpha points can claim an airdrop of 1,836 OL tokens starting from June 8, 2025, at 06:00 UTC on the Alpha event page. Note that claiming OL will deduct 15 BN Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the opportunity will be forfeited.Introduction to Open Loot Open Loot is an end-to-end solution for launching games with Web3 econom...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch…
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
a16z: A Comprehensive Guide to 7 Token Categories—How to Distinguish Network Tokens from Company-Bac…
As token-based network models become increasingly active and innovative, developers are contemplating how to differentiate between various types of tokens—and which token best suits their business. Meanwhile, consumers and policymakers are also trying to better understand the role and risks of blockchain tokens in applications. To help clarify token categories, this article provides definitions, examples, and a classification framework to understand the seven types of tokens that developers m...
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Chain Gaming Project [Open Loot] (OL) Launches on Major Platform! Celebration Event Kicks Off, Hype …
Latest Updates on Open Loot Open Loot (OL) is now live on BN Alpha Beta. Eligible users with at least 233 BN Alpha points can claim an airdrop of 1,836 OL tokens starting from June 8, 2025, at 06:00 UTC on the Alpha event page. Note that claiming OL will deduct 15 BN Alpha points. Users must confirm their claim on the Alpha event page within 24 hours; otherwise, the opportunity will be forfeited.Introduction to Open Loot Open Loot is an end-to-end solution for launching games with Web3 econom...
Token Trading Becomes OpenSea's New Growth Engine: Can It Successfully Transform Amidst Token Launch…
Business Transformation: OpenSea is shifting from a traditional NFT marketplace to a full-chain integrated trading platform, with token trading emerging as its new growth driver. On October 15, token trading volume hit a record high of $474 million. Change in Trading Structure: Token trading volume has surpassed NFT trading since mid-September. Over the past 30 days, token trading contributed 56.8% of OpenSea’s annual revenue, with the Base chain being the primary contributor. User Participat...
a16z: A Comprehensive Guide to 7 Token Categories—How to Distinguish Network Tokens from Company-Bac…
As token-based network models become increasingly active and innovative, developers are contemplating how to differentiate between various types of tokens—and which token best suits their business. Meanwhile, consumers and policymakers are also trying to better understand the role and risks of blockchain tokens in applications. To help clarify token categories, this article provides definitions, examples, and a classification framework to understand the seven types of tokens that developers m...
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Recent Nexus News On April 2nd, Nexus released an image with a clear implication that the TGE (Token Generation Event) is approaching! On March 28th, Daniel Marin, the founder and CEO of Nexus, stated in response to user inquiries about the roadmap that it would be released soon! In addition, interactions are still ongoing, with the process detailed at the end of the article.
Introduction to Nexus Zero-knowledge is generally divided into specialized ZK and general ZK, with the latter constructing an entirely new system, represented by projects such as RISC Zero, Succinct, and Nexus. Nexus Network is a massively parallelized proof network built on decades of research in zero-knowledge proofs. It is a blockchain-based general-purpose verifiable computing network that provides computational power and scalability support for blockchains, Rollups, and smart contracts. It allows anyone to connect their devices to the network, participating in computations and earning corresponding incentives.
Inspired by SETI developed at the University of California, Berkeley, and Folding at Stanford University, Nexus is a modular, scalable, open-source, highly parallelized, verification-optimized, contributor-friendly zkVM written in Rust, focusing on performance and security.
Evolution of Nexus Technology Nexus has several different versions. As a verifiable computing cloud network, here are the historical versions:
Nexus 0.0 was born in September 2023, a decentralized off-chain zero-knowledge prover network consisting of a zkVM, a permissionless prover network, and a decentralized doer network, with test data at 1Hz (1 CPU cycle per second).
Nexus 1.0 was launched in February 2024, operating at a speed of 100Hz and capable of replicating any proof system (e.g., ZK/optimistic), improving by about 100 times in 5 months compared to version 0.0.
Nexus 2.0 is the next iteration of zero-knowledge, with a leap over last month's 1.0 zkVM version, introducing the Jolt arithmetic system, HyperNova recursion, Nexus SDK framework, etc., and expanding ZK to the possibility of 1 trillion hertz computational power.
Nexus 3.0 was recently released, mainly upgraded and amplified after collaborating with IO NET Nexus zkVM 3.0, with a performance improvement of about 1000 times. Information on the Layer 1 architecture, roadmap, and technical elements will be announced soon!
Nexus Team The core team of Nexus is composed of talents deeply involved in the field of cryptography, led by academic experts in a "production, learning, and research" combination:
Daniel Marin: Founder and CEO of Nexus Labs, graduated from Stanford University with a major in computer science, former research director of DFINITY, and professor at University College London.
Alex Fowler: Chief Strategy Officer, graduated from Brown University, and indicated a key step in enhancing Nexus network capabilities in cooperation with IO.
Jens Groth: Chief Scientist, inventor of zkSNARK, former research director at DFINITY and cryptography professor at University College London.
Nexus Financing Web3 startup Nexus Labs has undergone two significant rounds of fundraising since its establishment:
In June 2024, it announced the completion of a $25 million Series A round led by Pantera and Lightspeed, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund!
In December 2024, it completed a $2.2 million seed round led by Dragonfly.
Future Summary of Nexus As Grass has accumulated a stable user base, Nexus is more focused on computational integration, compatible with AI computing and DeFi applications, forming a more comprehensive Web3 computing infrastructure. With Nexus's team being the only one capable of creating verifiable computing on an internet scale, and with the cooperation with IO, a more scalable and accessible proof solution will be created, benefiting developers and users by establishing a more connected, verifiable, and scalable Web3 ecosystem.
Recent Nexus News On April 2nd, Nexus released an image with a clear implication that the TGE (Token Generation Event) is approaching! On March 28th, Daniel Marin, the founder and CEO of Nexus, stated in response to user inquiries about the roadmap that it would be released soon! In addition, interactions are still ongoing, with the process detailed at the end of the article.
Introduction to Nexus Zero-knowledge is generally divided into specialized ZK and general ZK, with the latter constructing an entirely new system, represented by projects such as RISC Zero, Succinct, and Nexus. Nexus Network is a massively parallelized proof network built on decades of research in zero-knowledge proofs. It is a blockchain-based general-purpose verifiable computing network that provides computational power and scalability support for blockchains, Rollups, and smart contracts. It allows anyone to connect their devices to the network, participating in computations and earning corresponding incentives.
Inspired by SETI developed at the University of California, Berkeley, and Folding at Stanford University, Nexus is a modular, scalable, open-source, highly parallelized, verification-optimized, contributor-friendly zkVM written in Rust, focusing on performance and security.
Evolution of Nexus Technology Nexus has several different versions. As a verifiable computing cloud network, here are the historical versions:
Nexus 0.0 was born in September 2023, a decentralized off-chain zero-knowledge prover network consisting of a zkVM, a permissionless prover network, and a decentralized doer network, with test data at 1Hz (1 CPU cycle per second).
Nexus 1.0 was launched in February 2024, operating at a speed of 100Hz and capable of replicating any proof system (e.g., ZK/optimistic), improving by about 100 times in 5 months compared to version 0.0.
Nexus 2.0 is the next iteration of zero-knowledge, with a leap over last month's 1.0 zkVM version, introducing the Jolt arithmetic system, HyperNova recursion, Nexus SDK framework, etc., and expanding ZK to the possibility of 1 trillion hertz computational power.
Nexus 3.0 was recently released, mainly upgraded and amplified after collaborating with IO NET Nexus zkVM 3.0, with a performance improvement of about 1000 times. Information on the Layer 1 architecture, roadmap, and technical elements will be announced soon!
Nexus Team The core team of Nexus is composed of talents deeply involved in the field of cryptography, led by academic experts in a "production, learning, and research" combination:
Daniel Marin: Founder and CEO of Nexus Labs, graduated from Stanford University with a major in computer science, former research director of DFINITY, and professor at University College London.
Alex Fowler: Chief Strategy Officer, graduated from Brown University, and indicated a key step in enhancing Nexus network capabilities in cooperation with IO.
Jens Groth: Chief Scientist, inventor of zkSNARK, former research director at DFINITY and cryptography professor at University College London.
Nexus Financing Web3 startup Nexus Labs has undergone two significant rounds of fundraising since its establishment:
In June 2024, it announced the completion of a $25 million Series A round led by Pantera and Lightspeed, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund!
In December 2024, it completed a $2.2 million seed round led by Dragonfly.
Future Summary of Nexus As Grass has accumulated a stable user base, Nexus is more focused on computational integration, compatible with AI computing and DeFi applications, forming a more comprehensive Web3 computing infrastructure. With Nexus's team being the only one capable of creating verifiable computing on an internet scale, and with the cooperation with IO, a more scalable and accessible proof solution will be created, benefiting developers and users by establishing a more connected, verifiable, and scalable Web3 ecosystem.
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