Gevulot Sets Firestarter Mainnet Launch on July 15, Explains ZK Endgame Approach

Press Release • May 22, 2024

Gevulot, a purpose-built L1, is launching the first shared prover layer optimized exclusively for zero-knowledge (ZK) proof generation and verification, starting with its mainnet prover network, Firestarter, going live on July 15. Whitelisted projects will receive public good access to the mainnet. Gevulot also provides an in-depth explanation of ZK Endgame and its approach to ZK, to ultimately bring the compute and cost overhead of verifiability to near zero.



The Gevulot Devnet is currently a free public good testnet for registered users and Galxe community participation is encouraged. Interested developers can start offloading provable compute or start benchmarking proof systems to enjoy production-ready proof generation to offset their existing overhead costs. As Gevulot scales, organizations interested in running prover nodes can apply here for the ZkCloud compute network, which currently has a pipeline of over 10,000 CPUs and GPUs which meet institutional requirements. 


Gevulot’s Approach to ZK Endgame


The Gevulot team believes zero-knowledge proving will characterize distributed systems in the near future. Zero-knowledge proofs enhance a blockchain network’s scalability, compatibility with other networks and applications, and privacy. Their purpose is validating computations and improving transaction integrity without revealing additional information.


A growing niche in the industry, including Gevulot, believes today’s infrastructure is not ready to embrace ZK proving yet. On the contrary, most applications rely on permissioned proving from a single prover, drifting away from the fundamental definition of a decentralized ecosystem, which should embody credible neutrality and censorship resistance.


Gevulot aims to solve the issues of present-day proving infrastructures and accelerate zero-knowledge proving adoption by building the ZkCloud, a decentralized compute network optimized for offloading arbitrary provable compute. This solution is slated to help unlock the near limitless compute capacity on blockchains via decentralized zero-knowledge proofs, which would represent the apex of distributed systems evolution. In other words, it would be the zero-knowledge endgame and, as the team puts it on their blog, “nothing short of all the world's compute being verifiable or as close to that as is allowed by physics.”


Zero-knowledge proving is rapidly evolving, drastically reducing the cost of verifying the accuracy of a third party’s computation. This solves the “cost of verifiability” dilemma, which has bothered industry experts since the dawn of distributed systems technology. It also means we can rely on the performance and redundancy characteristics of trusted computation without requiring trust.


The ZK Endgame aims for the compute and cost overhead of verifiability to approach zero. In other words, to reach its goal, zero-knowledge proving must also bring the required compute time to zero, and not only its financial costs.


Reaching absolute zero costs of verifiability is most likely unachievable. However, getting as close as possible to zero for verifiability and compute time may be possible by getting ZK proving on a trend line that involves several new breakthroughs in cryptography, hardware, and other essential metrics, such as bandwidth and/or electricity costs.


Gevulot is building ZkCloud to take zero-knowledge, proving on a trend line to the ZK Endgame while pushing technological frontiers. The project considers itself a contributor to reaching the pinnacle of zero-knowledge proving in distributed systems. As Teemu Päivinen, CEO and Co-founder of Gevulot, describes it:

“In our vision, we are the compute portion of this future cloud and world computer. We believe other teams will provide the data storage and other aspects of this cloud. I don't think it's going to be a single monolithic service. The only realistic chance of getting there is to utilize zero-knowledge proofs. Our short-term goal, which we're very much executing on currently and very excited about, is just lowering the cost considerably and then letting the cryptographers work their magic to make things faster."


ZkCloud is redefining cloud infrastructure with a product that is decentralized, censorship-resistant, and permissionless while providing universal access for proving.


About Gevulot


Gevulot offers the first shared prover layer for the modular stack, with internet-scale ZkCloud compute optimized for zero-knowledge proofs. It is designed to aggregate proving workloads from across the blockchain industry, improving economics for all participants and unlocking unprecedented use cases. Behind Gevulot is a veteran team of builders led by the founder of Equilibrium Labs, a group renowned for their protocol level R&D on projects such as Starknet, Solana, Aleo, Avail, and other significant industry projects.


Gevulot's mainnet prover network, Firestarter, will launch as a public good on July 15. The project has a growing list of prestigious partners, including Espresso, Gelato, Radius, Hylé, 0G labs, AltLayer, ZKM, Snapchain, Horizen Labs, Karnot, Airchains, Zeeve, and over 50 more to be announced. Their mission is to contribute to the ZK Endgame. Interested teams can contact Gevulot now for a potential grant.


Moreover, Gevulot enjoys the support of recognized VC backers with the project raising $6 million in a seed round in mid 2023. They include lead investor Variant and other industry-leading brands, such as Supranational, P2P.org, Staking Facilities, RockawayX Infrastructure, Marc Boiron (Polygon Labs), Shumo Chu (founder of Manta Network & NEBRA), Calvin Liu (CSO of Eigenlayer), George Lamberth (EIR dao5), and Mo Dong (founder of Celer & Brevis Network). Additional funding is still to be announced.

Other important milestones in Gevulot's roadmap include the release of an incentivized compute network in Q3 of 2024 and the ZkCloud mainnet launch, which should occur by 2025's first financial quarter.


You can follow the project’s development and stay up to date at these links: Website | X (Twitter) | Telegram | GitHub | LinkedIn | Docs | Galxe Campaign | Discord

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. None of the content on Crypto Folds is investment advice nor is it a replacement for advice from a certified financial planner. Please do your own research before purchasing or investing into any cryptocurrency.  

Helvetic Broker Launches on App Store and Play Store to Make Crypto Management Safe and Simple

By Press Release • October 14, 2025
Helvetic Broker , an AI-powered self-custody crypto application, has become available on the App Store and Play Store. A team of Swiss engineers has been building the app since 2023 to democratize crypto and make blockchain technology safer and more accessible. Apple and Android users can now install the app on their devices and manage their digital wallets and tokens in real-time and effortlessly. Helvetic Broker was born from the increasing demand for seamless and secure transfers across blockchains. Major industry debacles, such as the 2022 FTX collapse, have also fueled the need for a safe, effective, and user-friendly solution that allows users to retain ownership of their private keys. Helvetic Broker incorporates these benefits, enabling users to track their wallets, transfers, and addresses from a single dashboard, securely and conveniently. Security is one of Helvetic Broker’s standout features. The app maintains private keys encrypted on the user’s phone. It also requires biometric authentication for each transaction.Helvetic Broker’s servers have read-only access to public keys when displaying balances. This approach aligns with the team’s vision of making crypto management as natural and intuitive as e-banking, without straying from the true purpose of decentralization. Helvetic Broker is continuously expanding its catalogue. To this day, it supports wallets like Ledger, MetaMask, and Trust Wallet, as well as CEXs such as Coinbase, Kraken, and Binance, and DEX like Uniswap. The team plans to further grow the list of integrations to bridge people and cryptocurrency with simple and secure crypto management solutions. In its mission to return financial autonomy to people, Helvetic Broker created a highly intuitive user interface. The app’s dashboard provides an instant, customizable overview of all the user’s wallets, sorted by wallet, by token, or aggregated in a currency of choice. This simplicity appeals to both first-time crypto users and experienced traders. Helvetic Broker also simplified transfers between wallets and exchanges by completing transactions automatically and effortlessly. The app's self-custody features enable users to manage their assets as they see fit and diversify their portfolios with ease. More importantly, as they have complete control over their private keys, users don't risk losing access to their digital assets if crypto exchanges collapse overnight due to hacker attacks or government restrictions. Helvetic Broker continues to innovate and simplify crypto management. For example, its AI-powered crypto assistant helps users understand their portfolios, create accounts across platforms, place orders, and automate transactions. All these actions are available to the user on one intuitive interface. About Helvetic Broker Helvetic Broker was founded in Switzerland by an experienced team of passionate engineers. Their goal is to utilize their crypto expertise to make the cryptocurrency space more accessible and easier to navigate. Its self-custody, AI-powered application helps users understand and optimize trades, cut fees, and make smarter investments. Helvetic Broker is now available on the App Store and the Play Store. Discover how you can access the overview of your wallets in one click and in a way that fits your needs. Learn more about Helvetic Broker on its official website and its social media channels, including X , Telegram , Discord , LinkedIn , Instagram , and YouTube . CEO Guillaume Grandjean, is available for interviews and will be happy to answer any further questions from the media. 

ANOME Completes BNB Chain Integration, Ready to Activate “Meme Realms”

By Press Release • October 10, 2025
Web3 entertainment protocol ANOME has completed technical adaptation for BNB Chain and passed its first integration test, paving the way for ‘Meme Realms’ — a new feature that lets any BNB ecosystem meme coin launch its own stand-alone gaming universe in just one day. The milestone confirms full readiness for activation and marks a new phase in ANOME’s expansion and positions ANOME to expand into the BNB Chain GameFi and NFTFi ecosystem. Meme Realms Ready for Launch Meme Realms will be a modular system letting any BNB-ecosystem meme coin become its own on-chain game world within one day. Each Realm functions as an independent economy, where players mint, trade, and battle using that realm’s meme coin. Realms include NFT card assets, leaderboards, seasonal quests, and liquidity pools, all native to BNB Chain. “We’ve completed technical adaptation to the BNB Chain,” said an ANOME Product Lead. “Integrating a meme takes just one day — ready to activate anytime for rapid expansion.” Turning Meme Culture Into On-Chain Impact Every action inside a Realm (minting, selling, battling, and claiming rewards) occurs directly on the BNB Chain. Each meme coin Realm adds measurable transactions, liquidity, and user activity to the network. The design ensures economic isolation between Realms while maintaining full on-chain transparency. “Meme is culture,” an ANOME spokesperson said. “We convert that cultural energy into verifiable BNB Chain momentum - more users, more TVL, more real data.” The project’s key highlights include the following points: One-Day Onboarding : Any BNB meme coin can become an active Realm within 24 hours. Native Settlement : Players mint and trade directly in the meme coin of that Realm. BNB Impact Reports : ANOME will regularly publish metrics (every 30, 60, and 90 days) on its community. The reports will include active wallets, liquidity, and interactions, all on-chain. 3×3 PvP Battles : The project will let players compete using five NFT cards per match. The main thing to know here is that any defeated cards will be burned to sustain all the reward pools. Loss-Mining Rewards : Losing is not a “real loss” in this ecosystem. In fact, players will still earn time-released compensation tokens. ANOME’s integration expands the entertainment layer of BNB Chain. Each Realm generates verifiable usage, isolated liquidity, and transparent capital flows. The system channels meme-driven attention into measurable blockchain activity and strengthens BNB Chain’s GameFi and NFTFi sectors. About ANOME ANOME is a Web3 entertainment protocol bridging gaming, culture, and decentralized finance. Its core module combines NFT minting, 3×3 PvP card battles, and the Loss-Mining reward system. With full BNB Chain readiness, ANOME introduces Meme Realms. The initiative represents a fast, modular framework where meme communities evolve into complete, on-chain universes. Anyone curious to learn more about ANOME and its next advancement plans can refer to the project’s website . Also, the social media below are the best way to keep in touch with this team. X (Twitter) | Telegram | LinkedIn | Discord | Instagram | YouTube | Medium | TikTok 

New Era for Prediction Markets: SX Bet Launches First-Ever P2P Parlays and $50K Tournament

By Press Release • October 10, 2025
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Permute Surpasses $1M in Transaction Volume in One Month Since Launch

By Press Release • October 2, 2025
Permute , an accessible Bitcoin bridge platform, announced that it has surpassed $1 million in transaction volume since its launch on August 26, 2025. This milestone was achieved through more than 1,000 transactions, averaging $1,100 each, and nearly $25,000 in daily volume. The strong early adoption reflects growing trust in Permute’s platform and its mission to unlock Bitcoin liquidity across blockchains. Formerly known as BitcoinBridge, Permute provides a secure and cost-efficient way to transfer native Bitcoin across leading blockchain networks. With transaction fees as low as 0.1%, Permute is up to 10× more economical than competing bridges. Built to scale, Permute’s architecture is designed to support transaction volumes of up to $1.5 billion per month. Its dynamic liquidity routing system minimizes idle funds and cuts costs by ~90%, enabling a sustainable low-fee model. The platform can also be deployed to new chains within days, rapidly expanding reach for users. ​​Permute enables Bitcoin holders to move value across leading blockchains at scale whether millions or even hundreds of millions without relying on per-chain smart contracts or fragmented liquidity pools. Its architecture is anchored in Trusted Execution Environments (TEEs), which perform in-enclave verification and eliminate the need for custodial wrappers or intermediaries. This design makes it possible to settle transactions in actual Bitcoin while keeping fees as low as 0.1%—nearly 10× cheaper than traditional bridges. Security is another aspect that differentiates Permute from its competitors. Permute uses Trusted Execution Environments (TEEs) and threshold cryptography to secure keys and signing. These features are similar to the security techniques used by top exchanges and institutions in the broader crypto industry. Permute currently supports major networks and assets including Ethereum, Avalanche, Arbitrum, Berachain, BNB Chain, wBTC, USDT, USDC, and DAI, with additional integrations already in development. Now live on mainnet, Permute is open to all users. To showcase its cost advantage, the platform offers a savings calculator that lets users instantly see how much they stand to save on fees when moving Bitcoin across chains with Permute. About Permute Permute is a native Bitcoin bridge, enabling secure, low-cost swaps of BTC into leading blockchains and assets like ETH, AVAX, BNB, ARB, and more. Built for both retail and institutions. Permute combines deep liquidity, ultra-low fees (0.1%), and non-custodial security to deliver the most reliable bridge for unlocking Bitcoin in DeFi. Learn more about Permute on its official website and its social media channels, including X and Telegram . 
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