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0G secures $35 million in pre-seed funding to build a modular AI blockchain offering scalable, secure, and versatile data availability (DA) service.

0G secures $35 million in pre-seed funding to build a modular AI blockchain offering scalable, secure, and versatile data availability (DA) service.

03/26/24, 9:43 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$35 million
Industry
cryptocurrency
blockchain
machine learning
artificial intelligence
Investors
Arca, Gsr, Foresight Ventures, Dwf Labs, Alliance, Okx Ventures, Animoca Brands
0G announced a $35 million pre-seed funding round to build a modular blockchain powered by Artificial Intelligence (AI) that offers a scalable, secure, and versatile data availability (DA) service with a built-in decentralized storage layer. The fresh capital will be used to fuel the development of their technology.

Company Info

Company
0G Labs
Location
san francisco, california, united states
Additional Info
0G is a leading Web3 infrastructure provider that is building the leading modular AI blockchain creating solutions to implement on-chain AI applications in the Web3 ecosystem. The platform achieves high data availability through its unique architecture separating data storage and data publishing. By ensuring throughputs of 50 GB/second, a full 50,000x faster than competitors, and a cost that is 100x lower, 0G has positioned itself as a leader in bringing high data use cases, such as scalable L2s and modular AI, into the Web3 ecosystem.

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