• 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

European Regulators Debate Tax Policies for Cryptocurrencies

chest

French lawmakers have approved an amendment to extend the wealth tax to include digital assets, including cryptocurrencies, targeting individuals with assets exceeding 23 million euros.

user avatarSon Min-ho

Record Outflows from BlackRock's Bitcoin Trust Signal Institutional Concerns

chest

BlackRock's iShares Bitcoin Trust has experienced its longest weekly outflow streak since January 2024, totaling over 2.7 billion in outflows, indicating a concerning shift in institutional investment behavior.

user avatarAyman Ben Youssef

Binance Reports Significant Changes in Crypto Reserves

chest

Binance's 37th Proof of Reserves report reveals notable increases in Bitcoin and Binance Coin reserves, while Ethereum and Tether holdings decline.

user avatarTando Nkube

Crypto Whale Initiates Major Leveraged Position in Ethereum

chest

A crypto whale has opened a 2x long position on 20,000 ETH valued at approximately $609.3 million, signaling bullish sentiment in the market.

user avatarKofi Adjeman

The Aggressive Trading Mindset: Strategies for Success

chest

Aggressive trading requires a specialized mindset focused on quick profits and disciplined execution.

user avatarJesper Sørensen

Understanding the Leverage Paradox in Futures Trading

chest

Futures trading offers high leverage, allowing traders to control larger positions with smaller capital, but it also significantly increases risk.

user avatarRajesh Kumar

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.