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
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
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.