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@nebra
We are stoked to announce that we have closed pre-seed/seed funding rounds from Nascent and BanklessVC with participation from a16z crypto CSX, Daedalus Angels, Dialectic_Group, and Public Works, and many builders that we respect.
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@nebra
Since the founding of the NEBRA team, our goal is simple: to bring massive adoption of zero-knowledge proofs to blockchains, starting from Ethereum.
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@nebra
And the best way to achieve this is to scale zero-knowledge proof verification through recursive proofs, so that Ethereum's zero-knowledge proof verification capabilities can be scaled, much cheaper, and more composable.
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@nebra
You can try the testnet today at https://demo-app.nebra.one, without the need of understanding the "moon math".
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@nebra
Using our investor Ryan S Adams's words: this can make zkRollups verification cost 10x cheaper!
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@nebra
And there is more than that! We think NEBRA UPA is a **huge unlock** to their entire ZK space: - UPA can make privacy cheaper - UPA can composes proofs from zkCoprocessors and zkVMs - UPA can lower the user acquisition cost of zkDID
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