55 million financing poured into Succinct, is the ZK track about to change?

When Paradigm leads, with participation from institutions like Robot Ventures and Bankless Ventures, a total of 55 million USD is invested, the entire Web3 is asking: What exactly is the magic of @Succinct ? The answer lies in its positioning—it's not about creating a ZK application, but rather about being the 'infrastructure' for all ZK applications.

@Succinct is like the 'electric company' of the ZK world; whether you are developing a privacy wallet or building a cross-chain bridge, you need the proof services it provides. Through a decentralized network, it lowers the cost of proof generation to the industry's lowest, even 30% cheaper than centralized solutions. This 'cost-effectiveness' has led giants like Polygon to collaborate.

$PROVE is the 'stock of the electric company'; the more prosperous the network, the greater the token demand. Currently, it supports 35 protocols, and as more projects come on board, the demand for staking and governance will drive up the token's value. More importantly, its smart contracts adopt multi-signature management for the staking pool, and the cross-chain compatibility design addresses the communication challenges of heterogeneous chains, showcasing technical strength far superior to its peers.

From market performance, $PROVE has gained strength immediately after its launch, with a market capitalization of 300 million being just the starting point. #Succinct is accelerating the spread of ZK technology with the power of capital. The 5.5 million financing for #Succinct is not an endpoint but rather the starting point for ecological expansion. The bet by the giant #Succinct proves it has positioned itself at the forefront of the ZK track. Missing out on #Succinct could mean missing the biggest dividends of the ZK era.