0G LABS RAISES $35M PRE-SEED FUNDING FROM OVER 40 CRYPTO INVESTORS FOR ON-CHAIN AI
The intersection of blockchain technology and artificial intelligence is rapidly becoming a focal point for innovation, and 0G Labs, a Web3 modular infrastructure firm, is positioning itself at the forefront of this exciting frontier.Recently, 0G Labs announced the successful completion of a $35 million pre-seed funding round, attracting significant investment from over 40 crypto-native institutions. 0G Labs Secures $35 Million in Pre-Seed Funding from Crypto Investors. Notable contributors included Hack VC and Blockchain Builders Fund, signaling strong support for 0G Labs' innovative approach to on-chain AI development.This substantial capital infusion will fuel 0G Labs' mission to build a modular AI blockchain designed to address the critical data availability challenges that currently hinder the scalability and efficiency of on-chain AI applications. The money will go towards building what 0G Labs calls the first modular AI chain. Web3 modular infrastructure firm 0G Labs announced the successful completion of a $35 million pre-seed funding round on March 25. According to a press release from 0G Labs, the round received participation from more than 40 crypto-native institutions, including Hack [ ]The funding round, which saw participation from notable investors like Hack VC, OKX Ventures, GSR, and Stanford Builders Fund, underscores the growing confidence in 0G Labs' vision and its potential to revolutionize the way AI operates within the decentralized web. 0G Labs raises $35M pre-seed funding from over 40 crypto investors for on-chain AI. MaThis article delves into the details of this funding, the technology behind 0G Labs, and what it means for the future of on-chain AI.
The Vision Behind 0G Labs: Modular Blockchain for AI
0G Labs, also known as Zero Gravity Labs, is tackling a fundamental problem in the Web3 space: the limitations of existing blockchain infrastructure when it comes to supporting computationally intensive and data-heavy AI applications.Current blockchains often struggle with speed, cost, and scalability, making it difficult to deploy and run complex AI models directly on-chain. 0G Labs aims to solve this by building a modular AI blockchain, sometimes referred to as a modular distributed ledger blockchain network, specifically designed for the unique requirements of decentralized AI (dAI) applications.
What is a Modular Blockchain?
Unlike monolithic blockchains, which handle all functions like execution, consensus, and data availability on a single layer, a modular blockchain separates these functions into distinct modules or layers.This allows for greater flexibility and optimization. 0G Labs focuses on the data availability layer, which is crucial for ensuring that data required for AI training and inference is readily accessible to all participants in the network.
Think of it like a high-performance sports car: instead of trying to make one engine do everything, you optimize each component (engine, suspension, brakes) for its specific role.This modular approach allows 0G Labs to create a blockchain that is significantly faster, cheaper, and more scalable than traditional blockchains for AI applications.
Addressing the Pain Points of On-Chain AI
The limitations of current blockchain infrastructure create several pain points for developers looking to build on-chain AI applications. 0G Labs aims to address these by:
- Improving Speed: Traditional blockchains can be slow, making it difficult to process large datasets or run complex AI models in real-time.
- Reducing Costs: The high transaction fees on some blockchains can make it prohibitively expensive to train and deploy AI models.
- Enhancing Scalability: Existing blockchains often struggle to handle the massive amounts of data required for AI, limiting the size and complexity of AI applications that can be built on-chain.
- Ensuring Data Availability: Making data readily available and verifiable is critical for trust and transparency in decentralized AI.
By focusing on these areas, 0G Labs aims to unlock a new era of possibilities for on-chain AI, enabling developers to build innovative applications that were previously impossible.
The $35 Million Pre-Seed Funding Round: A Vote of Confidence
The successful completion of the $35 million pre-seed funding round is a significant milestone for 0G Labs.It demonstrates strong investor confidence in the company's vision and its ability to execute on its plans.The round attracted participation from over 40 crypto-native institutions, highlighting the broad interest in the potential of modular blockchains for AI.
Key Investors
Some of the notable investors in the round include:
- Hack VC: A leading venture capital firm focused on early-stage blockchain and cryptocurrency companies.
- OKX Ventures: The investment arm of the OKX cryptocurrency exchange.
- GSR: A global cryptocurrency trading firm and market maker.
- Alumni Ventures: A venture capital firm that invests in companies founded by alumni of top universities.
- Animoca Brands: A Hong Kong-based game software company and venture capital firm specializing in blockchain games.
- Delphi Digital: A research and consulting firm focused on the cryptocurrency and blockchain industry.
- Stanford Builders Fund: A venture capital fund that invests in startups founded by Stanford University students and alumni.
- Symbolic Capital: A venture capital firm focused on investing in early-stage blockchain companies.
- Alliance: A web3 accelerator and investment DAO.
The participation of these prominent investors underscores the potential of 0G Labs' technology and its ability to disrupt the on-chain AI landscape.
How Will the Funding Be Used?
The $35 million in funding will be used to accelerate the development of 0G Labs' modular AI blockchain. 0G Raises $35 Million to Fuel AI Integration in Web3 Ecosystem With Modular Innovation news.bitcoin.com, UTC 0G Labs raises $35m pre-seed funding from crypto leadersSpecifically, the company plans to:
- Expand the team: Hiring talented engineers, researchers, and business development professionals.
- Develop the core technology: Building and refining the data availability layer and other key components of the blockchain.
- Build a developer ecosystem: Providing tools, resources, and support to developers who want to build on the 0G Labs platform.
- Conduct research: Exploring new ways to improve the performance and capabilities of the blockchain.
By investing in these areas, 0G Labs aims to create a robust and thriving ecosystem for on-chain AI applications.
The Potential Impact of 0G Labs on the Web3 Ecosystem
0G Labs' modular AI blockchain has the potential to revolutionize the Web3 ecosystem by enabling a wide range of new and innovative applications. 0G Labs a web3 infrastructure firm has raised $35 million in a pre-seed round. Investors from over 40 crypto-native institutions also joined in, including Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital and OKX Ventures, to name a few. 0G declined to disclose its valuation.Some potential use cases include:
- Decentralized Machine Learning: Training and deploying machine learning models on-chain, allowing for greater transparency and accountability.
- AI-Powered DAOs: Using AI to automate decision-making and improve the efficiency of Decentralized Autonomous Organizations.
- Personalized Recommendations: Providing users with personalized recommendations based on their on-chain activity.
- Fraud Detection: Using AI to detect and prevent fraud in decentralized applications.
- AI-Generated Content: Creating and distributing AI-generated content on-chain.
These are just a few examples of the many possibilities that 0G Labs' technology could unlock.As the Web3 ecosystem continues to evolve, AI will play an increasingly important role, and 0G Labs is well-positioned to be a key enabler of this trend.
Understanding Data Availability in Decentralized AI
At the heart of 0G Labs' mission is the focus on data availability (DA).In the context of blockchains and decentralized AI, data availability ensures that the data required for transactions, smart contract execution, and AI model training is readily and verifiably accessible to all participants in the network. Related: 0G Labs raises $35M pre-seed funding from over 40 crypto investors for onchain AI Startups working on the intersection of blockchain and AI technologies have drawn investors capitalThis is crucial for several reasons:
- Trust and Transparency: Data availability ensures that anyone can verify the integrity of the blockchain and the AI models built on top of it.
- Security: By making data readily available, DA helps to prevent attacks and censorship.
- Scalability: Efficient data availability solutions are essential for scaling blockchains and enabling them to handle large amounts of data.
0G Labs' approach to data availability is designed to address the limitations of existing solutions and provide a more scalable and efficient platform for on-chain AI.
How Does 0G Labs Approach Data Availability?
While the exact details of 0G Labs' data availability solution are not publicly available, it is likely to involve a combination of innovative techniques, such as:
- Data sharding: Dividing data into smaller pieces and distributing them across multiple nodes.
- Erasure coding: Encoding data in a way that allows it to be recovered even if some pieces are lost.
- Data availability sampling: Allowing nodes to verify data availability without downloading the entire dataset.
By combining these techniques, 0G Labs aims to create a data availability layer that is both highly scalable and secure.
The Future of On-Chain AI: A Look Ahead
The development of 0G Labs' modular AI blockchain represents a significant step forward for the on-chain AI ecosystem. 0G Labs, a developer a modular AI blockchain technology to enhance on-chain AI applications, raised $35m in pre-seed funding. The round was led by Hack VC, with participation from AllianceAs the technology matures and more developers begin to build on the platform, we can expect to see a surge of innovation in this space.
Key Trends to Watch
- The rise of decentralized machine learning: More and more machine learning models will be trained and deployed on-chain, enabling new levels of transparency and accountability.
- The integration of AI into DAOs: AI will be used to automate decision-making, improve efficiency, and enhance the governance of DAOs.
- The emergence of new AI-powered applications: AI will be used to create new and innovative applications in areas such as finance, gaming, and social media.
0G Labs is poised to be a key player in this evolution, helping to shape the future of on-chain AI and unlock its full potential.
Frequently Asked Questions (FAQ)
What is 0G Labs?
0G Labs (also known as Zero Gravity Labs) is a Web3 modular infrastructure firm building a modular AI blockchain to address the challenges of running AI applications on-chain, such as speed, cost, and scalability.The company recently raised $35 million in pre-seed funding.
What is a modular blockchain?
A modular blockchain separates the core functions of a blockchain (execution, consensus, data availability) into distinct modules or layers, allowing for greater flexibility and optimization compared to traditional monolithic blockchains.
What is data availability (DA)?
Data availability ensures that the data required for transactions, smart contract execution, and AI model training is readily and verifiably accessible to all participants in the network.This is crucial for trust, security, and scalability.
Who invested in 0G Labs' pre-seed funding round?
The $35 million pre-seed funding round attracted participation from over 40 crypto-native institutions, including Hack VC, OKX Ventures, GSR, Alumni Ventures, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital, and Alliance.
How will 0G Labs use the funding?
The funding will be used to expand the team, develop the core technology, build a developer ecosystem, and conduct research to improve the performance and capabilities of the blockchain.
What are some potential use cases for 0G Labs' technology?
Potential use cases include decentralized machine learning, AI-powered DAOs, personalized recommendations, fraud detection, and AI-generated content.
Conclusion: The Dawn of On-Chain AI
0G Labs' successful $35 million pre-seed funding round marks a pivotal moment for the development of on-chain AI. On March 25, 0G Labs, a web3 modular infrastructure company, announced the successful completion of a $35 million pre-seed funding round. The funding round attracted participation from over 40 crypto-native institutions, including Hack VC and Blockchain Builders Fund, according to a press release from 0G Labs.By building a modular AI blockchain focused on solving the data availability problem, 0G Labs is paving the way for a new era of decentralized AI applications.The participation of prominent investors underscores the potential of this technology to revolutionize the Web3 ecosystem.
Key takeaways from this funding round include:
- Strong Investor Confidence: The $35 million pre-seed funding round demonstrates significant investor confidence in 0G Labs' vision and technology.
- Focus on Data Availability: Addressing the data availability challenge is crucial for scaling on-chain AI applications.
- Potential for Innovation: 0G Labs' modular AI blockchain has the potential to unlock a wide range of new and innovative applications in the Web3 ecosystem.
As 0G Labs continues to develop its technology and build its ecosystem, it is poised to play a leading role in shaping the future of on-chain AI. Web3 modular infrastructure firm 0G Labs announced the successful completion of a $35 million pre-seed funding round on March 25. The round garnered significant interest from over 40 crypto-native institutions, including Hack VC and Blockchain Builders Fund, highlighting the industry s enthusiasm for the company s vision.Developers and investors alike should keep a close eye on this promising company as it continues to push the boundaries of what is possible in the decentralized web. 0G Labs has raised $35 million in pre-seed funding from investors, including Hack VC, OKX Ventures and GSR. The modular blockchain project is building a data availability system focused on decentralized AI applications.Are you a developer interested in building on 0G Labs? Zero Gravity Labs (0G Labs) has announced a $290 million capital financing to build the world s first decentralized artificial intelligence operating system (dAIOS). According to a Nov. 13Consider exploring their documentation and joining their community to learn more about the platform and its capabilities.The future of AI on the blockchain is here, and 0G Labs is helping to build it.
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