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0G Foundation Achieves Record-Breaking Decentralized AI Node Sale, Raising $30.6M

A total of approximately 8,500 individuals contributed to the purchase of nearly 85,000 nodes, resulting in a total amount raised of $30.6 million.

After the successful conclusion of the 0G AI Alignment Node Sale, attention has now turned to the development of a new NFT standard for artificial intelligence agents.

The 0G Foundation, the largest decentralized artificial intelligence ecosystem and the organization responsible for the first decentralized artificial intelligence operating system for onchain applications, made this announcement following the record-breaking node sale. The 0G AI Alignment Node Sale, which concluded on December 31, raised over $30 million, making it the third-largest decentralized AI fundraising event in the industry’s history.

A total of approximately 8,500 individuals contributed to the purchase of nearly 85,000 nodes, bringing the total raised amount to $30.6 million. This node sale established a new record as the second-highest number of distinct purchasers participating in such an event. With the completion of the fundraising effort, which included a mix of public and private funding, 0G is now set to start with a diversified and internationally distributed network of node operators.

During the public phase of the 0G AI Alignment Node Sale, which lasted six weeks, CoinList, SwissBorg, and Second Lane were among the twenty major launchpads that provided assistance. Their support increased the event’s exposure, resulting in greater participation.

Including the $30.6 million generated through the node auction, the 0G Foundation has secured a total of $400 million in financing, which includes previous pre-seed and seed fundraisers. The foundation’s objective is to develop and scale the world’s first decentralized artificial intelligence operating system, and this funding will contribute to achieving that goal.

With the launch of the 0G network, thousands of nodes will be deployed worldwide, and each node’s operating license will be attached to an NFT. This approach allows the 0G Foundation to create an ecosystem that is highly decentralized and community-focused, giving node operators a significant voice in shaping the future. The 0G community has already participated in voting on proposed reward distribution mechanisms to maximize incentive alignment.

NFT holders will be eligible to receive up to fifteen percent of the total supply of 0G tokens over the next three years. They will also be eligible for additional rewards from development initiatives within the 0G ecosystem, without the need for substantial computing capacity. As a result, NFT holders will play a crucial role in operating the world’s largest decentralized artificial intelligence processing network.

These nodes have the ability to prevent artificial intelligence from “cheating” or behaving maliciously by controlling its behavior and identifying deviations from expected protocols or ethical standards. By dispersing control over AI alignment, the nodes also contribute to the general robustness and censorship resistance of the 0G network.

Following the conclusion of the 0G AI Alignment Node Sale, the focus has shifted to the next stage of network building, including proposals to develop a new NFT standard for artificial intelligence agents. 0G proposes using the ERC-7844 standard to achieve this goal, enabling the transfer of metadata when ownership changes.

When transferring an agent NFT token, ownership of the tokenId and associated metadata is transferred. As the metadata of an agent is crucial, it is often kept in a private or encrypted public environment. Therefore, the transmission of agent metadata must be verifiable and privacy-preserving, which cannot be achieved with the ERC721 protocol.

Through the new approach, users will be able to create virtual agents with true ownership and store their intelligence (metadata) in decentralized storage for permanent memory.

To prepare NFT owners for the next phase of the 0G AI Alignment Node introduction, a specialized dashboard has been developed. Node owners can link their wallets, monitor their nodes’ status, and receive revenue once the 0G network is live.

The mission of the 0G Foundation is to create and maintain the world’s first decentralized artificial intelligence operating system while fostering innovation and development. With a focus on open, transparent, and scalable infrastructure, the foundation aims to promote a thriving, decentralized ecosystem where artificial intelligence can serve as a public good. It works to ensure the long-term viability and integrity of the 0G network through strategic alliances, community projects, and breakthrough technologies.

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