BREV goes live on Binance!! From valuation perspective, BREV: Is it expensive to benchmark against the ZK/Compute track? If we put BREV into the entire ZK/verifiable computing track, it is not actually the kind of project that "tells stories and values", but more like an infrastructure that has already started running data but has not yet been fully priced. First, let me introduce a background: At present, the most sought after projects by institutions in the ZK/Compute field are general-purpose zkVM projects, such as RISC Zero and Succinct (SP1). The consensus for such projects is simple - they are the underlying engine of "off chain computing+on chain verification", and in the future, DeFi, AI, and cross chain can all run upwards, so their valuations are naturally high. Like Succinct, the market's expectations have approached hundreds of millions of dollars in FDV. What is Brevis' position in this system? It is not a single point to do zkVM, but a complete set of zkVM+data ZK Coprocessor+decentralized proof market ProverNet. In other words, Brevis is more like the layer that truly commodifies ZK computing, rather than just selling technology. The difference in valuation logic lies here. Pure zkVM project, valuation mainly relies on "future imagination"; And Brevis already has real usage data, real partners, and real proof needs running. From the perspective of financing and chips, BREV's structure is considered very restrained among its peers. Private equity has only raised less than 8 million US dollars, and the VC has not received many tokens, and it has been locked for one year and linearly resolved for two years. Compared to many ZK projects that raise tens of millions of dollars from the beginning, this structure means that there are no high cost chips eager to cash out in the secondary market. If we insist on benchmarking the valuation range, the logic can be understood as follows: Top tier universal zkVM: leaning towards the "technical base", with a high valuation ceiling but a long redemption cycle Brevis: biased towards "computing networks that have already started making money and landing", valuation is more based on usage scale and proof of market activity This also means that the price of BREV will not rely on a single burst to prove itself, but on the volume of ProverNet, the depth of DeFi usage, and the gradual increase in demand to boost its valuation. Summary in one sentence: BREV is not the most expensive or storyteller in the ZK/Compute race, but it is one of the few projects that has turned "verifiable computing" into a real requirement. If this track is really going to produce long-term winners, Brevis is at least standing at the table. Binance: https://web3. (binance.com)/zh-CN/referral? ref=NNOZ648E