The Nervos network provides a blockchain platform and a set of protocols and integrated solutions for building universal applications by eliminating the issue of interoperability. Decentralized and sustainable, the Nervos network intends to make blockchain applications universal. Nervos is backed by $28M from China Merchant Bank, Polychain Capital, Sequoia China and more. Their partners/investors include big names like Blockchain Capital, Huobi, Multicoin Capital, Cumberland to name a few.
The Nervos CKB (Common Knowledge Base) is the layer 1, Proof-of-Work (PoW) public blockchain protocol of the Nervos Network. It allows any crypto-asset to be stored with the security, immutability and permissionless nature of Bitcoin while enabling smart contracts, layer 2 scaling and captures total network value through its crypto-economic design and native token, the CKbyte.
The CKB Token ($CKB) is a minable, proof-of-work token which has the characteristics of Bitcoin when it comes to store of value functions i.e. storing assets and also has features of Ether while implementing smart contracts.