0G Foundation raises $30 million with the sale of AI nodes
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The 0G Foundation has raised over 30 million dollars by selling artificial intelligence (AI) nodes for its decentralized platform. This milestone marks a turning point in the integration between blockchain technology and artificial intelligence. Let’s see all the details in this article. AI news: node operators will earn up to 15% of the 0G token supply The intertwining of blockchain and artificial intelligence is transforming the global technological landscape, and the 0G Foundation positions itself at the center of this revolution. On January 9, 2025, the foundation announced that it had raised over 30 million dollars thanks to the sale of nodes for its decentralized artificial intelligence platform. This initiative represents not only an important economic milestone, but also a demonstration of the growing interest in the convergence between Web3 and artificial intelligence. The sale involved about 8,500 operators who purchased nearly 85,000 nodes at an average cost of 360 dollars each. The purchased nodes are represented by non-fungible tokens (NFT), which grant specific credits to the buyers. According to 0G, node operators will be entitled to receive up to 15% of the total emissions of the 0G token over the next three years, provided they contribute to the maintenance of the platform’s operating system. These nodes are not simple technical components, but essential tools to ensure the security, ethical alignment, and resilience to censorship of the network. The foundation in a statement explained the following: “They monitor the behavior of AI to detect deviations from the expected protocols, helping to prevent systems from acting harmfully.” A record success The fundraising of 30 million dollars marks the second largest node sale in the history of Web3 and the third largest fundraising for decentralized artificial intelligence projects. With a total of about 400 million dollars raised through various funding rounds, the…
Filed under: News - @ January 10, 2025 1:28 pm