Cysic logo

Cysic (CYS)

Website
TwitterDiscordMore socials

Cysic is a ZK-hardware acceleration project focused on developing advanced ASIC chips to expedite the generation of ZK proofs for zk-based systems. Leveraging its expertise in ASIC design and GPU engineering, Cysic aims to address this hurdle by offering enterprise-grade ZK compute-as-a-service to an array of ZK projects.

Seed Round: $6M

Pre-Series A Round: $12M

Cysic White Paper WhitepaperCysic Onepager Onepager

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl
Medium
Learn more about our rating
User Rating
Medium
3/5 1 votes
Claim your project
Ticker
CYS
Type
Utility-token
FoundedUnited States
Registration year2024
Ecosystems

What is Cysic

Cysic Network is a ZK proof layer that powers the entire ZK ecosystem. It is built on the Cosmos SDK and is EVM-compatible. The network allows participants to use their hardware—both powerful and less powerful—to contribute to the protocol and, in return, earn rewards from various ZK projects.

The consensus mechanism of the Cysic Network is based on the CometBFT algorithm. CometBFT follows the Byzantine Fault Tolerance (BFT) consensus model, meaning it is designed to handle situations where some nodes in the network behave maliciously or fail to follow the protocol correctly. It tolerates up to one-third of the nodes failing or behaving maliciously without compromising the system’s integrity.

The goal of the Cysic Network is to establish a decentralized and reliable proving and verification service that fosters community growth and self-sustainability. The token will be used to incentivize provers, verifiers, and validators within the protocol, establishing an effective governance and reward distribution mechanism.

Funding Details

Funds Raised (as of now) 18,000,000 USD

Token distribution


10% - Community allocation
33% - Investor and core team
30% - Treasury reserve
27% - Foundation

Project team

Xiong (Leo) Fan
Xiong (Leo) Fan
Co-Founder
Xiong (Leo) Fan linkedin-team
Annie X.
Annie X.
Chief Meme Officer
Annie X. linkedin-team
Yuanchun (Michael) Liu
Yuanchun (Michael) Liu
Data Analytics
Yuanchun (Michael) Liu linkedin-team
Yuange Li
Yuange Li
Research Engineer
Yuange Li linkedin-team
Boyang Han
Boyang Han
SoC & Platform Lead Architect
Boyang Han linkedin-team
siyi qiao
siyi qiao
RTL Design Engineer
siyi qiao linkedin-team
JiaNan (Canaan) C.
JiaNan (Canaan) C.
RTL Design Lead
JiaNan (Canaan) C. linkedin-team
Rae(Ruihan) Wang
Rae(Ruihan) Wang
Head of Operations
Rae(Ruihan) Wang linkedin-team

Social media

MVP

Industries

Leave a Reply

Your email address will not be published. Required fields are marked *

listing on exchanges

Leave a Reply

Your email address will not be published. Required fields are marked *

Sponsored Crypto Projects

KYMAi (KYMAI) logo
KYMAi (KYMAI) Sponsored
KYMAi (KYMAI)
Low
ICO
NOCtura (NOC) logo
NOCtura (NOC) Sponsored
NOCtura (NOC)
Low
ICO
Zama (ZAMA) logo
Zama (ZAMA)
High
ICO
IEO

Newly Published