0G Foundation Raises $30.6M in Record-Breaking Decentralized AI Node Sale
The post 0G Foundation Raises $30.6M in Record-Breaking Decentralized AI Node Sale appeared on BitcoinEthereumNews.com.
A total of around 8,500 people contributed to the purchase of almost 85,000 nodes, bringing the total amount raised to $30.6 million. Following the conclusion of the 0G AI Alignment Node Sale, the attention has shifted to develop a new NFT standard for artificial intelligence agents. With the end of its record-breaking node sale, the 0G Foundation, which is the largest decentralized artificial intelligence ecosystem and the organization that is in charge of the first decentralized artificial intelligence operating system for onchain applications, has made the announcement. Following its conclusion on December 31, the 0G AI Alignment Node Sale achieved a total of more than $30 million, making it the third biggest decentralized AI fundraising in the history of the industry. A total of around 8,500 people contributed to the purchase of almost 85,000 nodes, bringing the total amount raised to $30.6 million. Over the course of the process, it established a new record for the second highest number of distinct purchasers to take part in a node sale. With the completion of the fundraising effort, which was accomplished via a mix of public and private funding, it is guaranteed that 0G will start with a diversified and internationally spread network of node operators being in place. CoinList, SwissBorg, and Second Lane were among the twenty major launchpads that provided assistance throughout the public phase of the 0G AI Alignment Node Sale, which ran for a total of six weeks and was made possible with their assistance. The event’s exposure was increased as a result of this, which maximized participation. The 0G Foundation has obtained a total of $400 million in financing, which includes the $30.6 million that was generated via the node auction. This comes after the pre-seed and seed fundraisers that occured previously. The foundation’s objective is to develop…
Filed under: News - @ January 12, 2025 12:24 am