onchain

ecosystem “Unleashing the Power of Modular AI: 0G Labs Sets Sail with Staggering $35M Pre-Seed for Revolutionary Blockchain Ecosystem”

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0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round, the team exclusively told TechCrunch. “In order to build the basic technology, we wanted to raise $5 million, originally,” said 0G co-founder Michael Heinrich. 0G, sometimes called ZeroGravity, is creating a modular AI blockchain that aims to alleviate the pain points of on-chain AI applications in the web3 ecosystem, like speed and cost efficiency. On-chain AI and gaming requires a fast data pipeline. It also plans to enable new use cases and things that were not possible before like on-chain AI, on-chain gaming and high-frequency decentralized finance (DeFi).

“Discover a Revolutionary Earning Opportunity for AI Model Makers with NFT Platform Zora”

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Zora co-founder Jacob Horne and Goens see crypto and AI as two complementary technologies that can benefit from one another. “Crypto wants information to be on-chain so that it can be valued and add value to the system,” Goens said. “And then AI wants information to be on-chain so that it can be freely accessed and utilized by the system. “We need systems that can help bring all of these things on-chain and that’s what we’re trying to do at Zora,” Goens said. This means these AI creators have the ability to capture value from their models’ outputs when people mint them and the payouts are split in half automatically.

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