0G Labs Raises $30 Million for Decentralized AI in Node Sale
0G Labs completed a major study node Sold to raise $30 million to support decentralized artificial intelligence operating system. The company has raised significant funding in recent months, demonstrating investor interest in the technology.
The news comes from an exclusive press release shared with BeInCrypto.
0G Labs launches AI node promotion
0G OK, an artificial intelligence research companythere have been multiple fundraising events recently in addition to this node sale. In 2024 it is one of The crypto industry’s largest venture capital recipientsMore than $40 million was received in November. The proceeds from this sale don’t quite match that achievement, but they’re still pretty impressive.
“Approximately 8,500 people purchased nearly 85,000 nodes, bringing total funds raised to $30.6 million. In the process, it set a record for the second-largest number of unique buyers participating in a node sale. This financing ensures that 0G will have Launched with a diverse and globally distributed network of node operators,” the company claims.
Node sales are Popular fundraising methods In the cryptocurrency and Web3 space, companies across multiple sub-sectors have launched them. For example, DePin project Privasea 1 node sale has been sold out august and Another one launched in October.
Also, Lumia, RWA Decentralized Finance protocol, Successfully conducted node sales last yearas Payment platform Wirex.
However, no other AI company has made as high-profile a sale as 0G in recent months. 0G Labs claims to have raised more than $400 million in total between this sale, $40 million in November, and several other seed and pre-seed funding rounds.
artificial intelligence is Taking the cryptocurrency market by storm In several key areas, major investors are Artificial Intelligence Agents of Particular Note. However, decentralized artificial intelligence solutions like 0G, more controversial. Some projects Huge amounts of money have been obtainedbut great skepticism remains.
After a successful sale, 0G will launch thousands of nodes around the world for decentralized governance purposes and focus on network development. The company plans to create a new standard for artificial intelligence agents that is expected to be widely accepted by the industry.
Overall, decentralized artificial intelligence has been one of the fastest-growing trends in the cryptocurrency industry, and there have been several developments in the space over the past few months. Recently, a project called O.XYZ raised $130 million to develop The first-ever Decentralized Artificial Intelligence Management Organization (DeAIO).
Likewise, AI proxy tokens have seen accelerated growth, with industry experts predicting they will become a multi-trillion dollar industry over the next few years.
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