0G Foundation Launches $88.88M Ecosystem Growth Program to Boost Decentralized AI Innovation
- $88.88M has been set aside to support the creation of autonomous AIs that complement 0Gs goal of using decentralized technology to benefit people.
- The 0G Ecosystem Fund is open to small and medium-sized teams as well as individual developers.
To speed up the development of AI apps and agents like DeFAI agents and other high-performance dApps on 0G, the 0G Foundation, the organization in charge of the leading decentralized AI network, has started a significant ecosystem growth program. $88.88 million has been set aside to support the creation of autonomous AIs that complement 0Gs goal of using decentralized technology to benefit people.
The 0G Foundations treasury commitments, AI Alignment node owners, and strategic investors support the $88.88M initiative. Prominent figures in the web3 and AI sectors, such as Hack VC, Delphi Ventures, Bankless Ventures, and OKX Ventures, are among the supporters. With their backing, 0G will become the leading blockchain ecosystem for AI development.
Depending on the requirements and characteristics of each project, a mix of grants, investments, and liquid strategies will be used to allocate funds. The 0G Ecosystem Fund is open to small and medium-sized teams as well as individual developers, and it will give preference to ideas that will expand the potential of decentralized AI while showcasing its wide range of applications.
Funding-seeking projects should concentrate on workable solutions that tackle pressing issues including supply chain, privacy, government efficiency, labor automation, healthcare, education, and climate change. They must show that they are technically possible, scalable, and provide a real advantage to the larger 0G ecosystem. Initiatives that make use of 0Gs infrastructure will be prioritized in order to guarantee compatibility and long-term effects.
Teams working on decentralized finance and social applications with AI agents, onchain data marketplaces for safe and effective data exchange, AI-powered gaming and metaverse solutions, general AI infrastructure, and governance protocols guaranteeing privacy and secure decision-making are also encouraged to submit to the 0G Foundation. Additionally taken into consideration will be collaborative technologies that allow decentralized AI agents to operate in unison.
In order to accelerate the development of decentralized AI applications, the 0G Foundation is launching the Guild on 0G, a $8.88 million effort. By offering grants, prizes, and gas credits to assist creative AI-powered projects inside the 0G ecosystem, the Guild aims to inspire developers, builders, and creators.
The Guild will be essential to expanding the ecosystem programs effect and securing 0Gs place as the leading Layer-1 for decentralized AI by cultivating a thriving community of contributors. The foundations dedication to promoting adoption beyond blockchain-native applications is seen by its special encouragement of cross-disciplinary initiatives that combine AI, web3, and conventional industries.
One of the biggest web3 projects designed to speed up agentic innovation is the 0G Ecosystem Fund. Its release comes after 0Gs $33 million AI Alignment Node Sale, which established a globally dispersed network of more than 92,000 alignment nodes, laying the foundation for the first decentralized AI operating system in history.
The 0G Foundations overarching goal is to create an environment in which decentralized AI can function as a public benefit. The main goals of this commitment are to promote adoption and guarantee sustainability across all web3-intersecting industries. A vital step in achieving these objectives is the 0G Ecosystem Fund, which offers the infrastructure and resources required to create scalable, significant AI applications.
Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
