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

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by Giorgi Kostiuk

a year 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.

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