• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

0G's $88.88M Fund to Aid in Decentralized AI Development

user avatar

by Giorgi Kostiuk

10 months ago


The 0G Foundation is allocating $88.88M to support the creation of autonomous AIs within its decentralized platform, aiming to leverage technology for the benefit of humanity.

Fund Goals and Support

The 0G Fund targets small and medium-sized developer teams. The fund structure involves a mix of grants, investments, and liquid strategies. Key supporters include the 0G Foundation's treasury commitments, AI Alignment node owners, and strategic investors such as Hack VC, Delphi Ventures, Bankless Ventures, and OKX Ventures.

Focus Areas and Priorities

Projects should address pressing issues like supply chains, privacy, government efficiency, labor automation, healthcare, education, and climate change. Focus is on technical feasibility and real benefits for the 0G ecosystem. Initiatives utilizing 0G's infrastructure are prioritized.

Launch of the Guild on 0G and its Role

As part of the fund, 0G is launching the Guild, an $8.88M initiative to accelerate decentralized AI app development. The Guild offers grants, prizes, and gas credits to support innovative projects within the 0G ecosystem, aiming to build a vibrant community of contributors.

The establishment of the 0G Fund is a significant step towards developing decentralized AI technologies aimed at sustainable growth and expanded application across various industries.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Animoca Brands to Pursue Nasdaq Listing via Reverse Merger

chest

Animoca Brands is set to pursue a reverse merger with Currency Group to facilitate a Nasdaq listing, aiming to expand its investment portfolio in Web3.

user avatarMaria Fernandez

Animoca's Investment Strategy Resembles Early Internet Ventures

chest

Yat Siu, cofounder of Animoca Brands, compares the company's investment strategy to early internet ventures, emphasizing a diversified approach across various altcoins in the Web3 ecosystem.

user avatarGustavo Mendoza

Amundi Introduces Tokenized Share Class for Euro Money Market Fund

chest

Amundi has launched its first tokenized share class for a euro money market fund, allowing investors to choose between traditional and blockchain-based options.

user avatarRajesh Kumar

Apeing Emerges as a Promising Meme Coin with Whitelist Access

chest

Apeing is gaining attention in the crypto market with its community-first approach and early access whitelist mechanism.

user avatarFilippo Romano

Litecoin and Tron Provide Stability and Scalability in Crypto

chest

Litecoin and Tron are recognized for their stability and scalability, appealing to a range of investors.

user avatarLucas Weissmann

Dogecoin DOGE Faces Technical Resistance Despite Acquisition Boost

chest

Dogecoin is experiencing a fragile recovery, boosted by a significant acquisition announcement but facing technical resistance.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.