The decentralized proof network NovaNet has completed a $3 million financing round, led by Finality Capital.

ChainCatcher news, the decentralized proof network NovaNet announced the completion of a $3 million financing round, led by Finality Capital, with participation from several institutions including Arrington Capital and the Avalanche Foundation, dedicated to building the world's first zero-knowledge proof incentive layer suitable for various scenarios.

NovaNet offers locally verifiable computing and privacy-preserving applications, supporting a wide range of applications from AI, decentralized IoT (DePIN) to gaming.