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Orochi Network is an innovative verifiable data infrastructure
**Technical advantages**: Core members come from top public chain development teams such as Ethereum and Polkadot. Using advanced encryption technologies such as zero-knowledge proof (ZKP) and multi-party computing (MPC), ZKP technology is used to achieve on-chain verification of off-chain computing, which not only protects data privacy but also avoids waste of computing power, and the performance is improved by more than 50% compared with traditional solutions; MPC and ECVRF are used to build a distributed source of trustless randomness for Web3 applications, providing verifiable randomness for smart contracts on EVM and FVM. **Financing status**: In February 2025, it completed a financing of US$12 million, with participation from Presto Labs, Smape Capital, etc., and also received funding from the Ethereum Foundation, Mina Protocol, etc.
Solix Launches Web Mining with $29.5 Million Funding
Solix is a decentralized physical infrastructure network (DePIN) project that supports users in sharing excess bandwidth and monetizing it. Here is more information about it: -**Funding Situation**: According to Jinse Finance, Solix DePIN has announced the completion of a $29.5 million funding round, with participation from the Eclip Foundation. The new funds will be used to support the development of the Model Context Protocol, while integrating artificial intelligence models into its internet bandwidth resource sharing economy. **Project Positioning**: Solix aims to establish a user-centered digital resource sharing economy, allowing users to share and monetize their excess bandwidth through a decentralized approach, changing the traditional bandwidth resource utilization model.