Nexus Launches Beta of the World's First Open Prover Network

Nexus, a developer focusing on zero-knowledge virtual machines (zkVM) written in Rust, has announced the beta release of its network, claiming it to be the first of its kind. The team stated:

"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 capable of proving all the Internet’s computations, unlocking the Verifiable Internet."

Illustration of the Nexus zkVM execution sequence, from the project’s white paper (Marin et al)

Fundraising and Developments

Apex Fusion, a federated multi-chain network, successfully raised $6 million in a private token sale aimed at enhancing their platform. Initial funding will support marketing and the development of their ecosystem comprising various chains.

Additionally, Aethir is launching a new social media and AI business line powered by their aggregated GPU infrastructure, encouraging users to earn tokens through participation.

Lastly, Livepeer has hosted an AI Demo Day for eight innovative projects in its startup program, which are actively developing generative AI solutions on decentralized platforms.