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"0G Foundation Launches $88.8M Initiative to Accelerate Decentralized AI"

Coin WorldThursday, Feb 6, 2025 6:01 am ET
1min read

The 0G Foundation has unveiled a $88.88 million initiative to accelerate the development of decentralized AI applications. The 0G Ecosystem Fund, led by key partners such as Hack VC, Delphi Ventures, Bankless Ventures, and OKX Ventures, aims to support small and medium-sized teams and individual developers in creating AI applications and autonomous agents like DeFAI agents. These projects will contribute to the 0G network's mission of applying decentralized AI to various sectors, including healthcare, supply chain, privacy, and climate change.

The 0G Ecosystem Fund will provide a mix of grants, investments, and liquid strategies, focusing on projects that demonstrate scalable solutions and real-world benefits. The foundation will prioritize projects that leverage 0G's blockchain infrastructure for long-term compatibility and impact. It also encourages decentralized finance, AI-powered gaming, and AI-based governance protocols.

As part of this initiative, the 0G Foundation is launching the $8.88 million Guild on 0G. Through grants, prizes, and gas credits, it will support creative projects originating from the Guild. This move aims to inspire developers and foster a thriving community, positioning 0G as the primary Layer-1 platform for decentralized AI by bringing together the best from AI, web3, and traditional industries.

Following the successful sale of their $33 million AI Alignment Node Sale, the 0G Foundation has opened the door for the first-ever decentralized AI OS with a globally distributed network of over 92,000 alignment nodes. The global vision of 0G is to create an environment where AI can thrive and benefit public interest while ensuring sustainability and long-term adoption across the industry.

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