[Opacity Network, A Zero-knowledge Proof Data Verification Platform, Completes $12 Million Seed Round, Led By Archetype And Others] According To The Block, Opacity Labs, The Developer Of Opacity Network, A Data Verification Platform Using Zero-knowledge Proof, Has Raised $12 Million In A Seed Round. Archetype And Breyer Capital Co-led The Investment, With Participation From A16z Crypto Startup Accelerator (CSX), Finality Capital Partners, Bodhi Ventures And Escape Velocity (EV3). The Company Began Fundraising In July And Completed The Financing Last Month. The Structure Of This Round Of Financing Is A Simple Agreement For Future Equity (SAFE) With A Valuation Cap And Token Warrants, And The Specific Valuation Has Not Been Disclosed. This Seed Round Of Financing Brings Opacity's Total Financing To $13.4 Million, After The Company's Pre-Seed Round Of Financing Amounted To $1.4 Million. According To Reports, Opacity Is A Data Verification Network That Uses Zero-knowledge Proofs, Allowing Users To Verify Information Without Revealing The Underlying Details. For Example, An Individual Can Verify The Income Of A Mortgage Application Without Revealing The Actual Amount. Opacity Uses ZkTLS (zero-knowledge Transport Layer Security), An Extension Of The Standard TLS Protocol That Combines Zero-knowledge Proofs To Enhance Privacy And Security During Data Transmission. In Addition, It Also Uses A Multi-party Computation (MPC) Architecture And EigenLayer's Active Verification Service (AVS) To Act As A Verifier For User Data