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Alana Levin
@alanadlevin
Excited to announce that Variant has led a seed round for Gevulot, a new decentralized marketplace for zero knowledge proofs https://variant.fund/articles/investing-gevulot-seed-performant-market-zero-knowledge-proofs/
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Alana Levin
@alanadlevin
Gevulot’s marketplace is complementary to every existing stack. Built as a L1, its open supply side incentivizes provers of all types to participate in the network. This is net better for both supply and demand
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Alana Levin
@alanadlevin
For demand: the decentralized market acts as a superset of a centralized one, while also offering options like having multiple provers perform work for redundancy. The presence of many provers creates healthy competition for best execution and best pricing
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Alana Levin
@alanadlevin
For supply: a logical point for demand aggregation reduces coordination and tx costs. Provers can focus on what they do best – generating proofs – without the community management or BD overhead. Gevulot network incentives also provide an important mechanism to ensure uptime
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Alana Levin
@alanadlevin
Modular, monolithic, integrated, aggregated… Gevulot is universal
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Alana Levin
@alanadlevin
.@teemu, Tuomas, and the rest of the team felt like the clear team to back They spun Gevulot out of Equilibrium (a well-respected dev shop) after having worked with many of the leading infra projects and seeing first-hand this missing piece of the stack
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Alana Levin
@alanadlevin
This hands-on expertise, coupled with well-earned respect and longstanding relationships with industry projects, positions Gevulot as the right team to build such an important, credibly neutral piece of infrastructure
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