0G Foundation, the largest decentralized AI network, has completed its remarkable node sale. As per 0G Foundation, the 0G AI Alignment Public Node Sale has surpassed over $30M, indicating the 3rd-biggest fundraising in the decentralized AI sector’s history.
This development reportedly denotes a significant achievement for the platform. The earliest operating system in the decentralized AI realm for on-chain apps has reportedly made a record-breaking move with this fundraising. This development contributes to its further advancement in offering innovative decentralized AI solutions.
0G Foundation Conducts 3rd Largest Fundraise in Decentralized AI OS
0G Foundation pointed out that it purchased 85,000 nodes by up to 8,500 individuals, getting a cumulative fundraise of $30.6M. Amid the respective procedure, it has made a record for the second maximum number of new purchasers entering a node sale.
The platform accomplished the raise via a combination of private and public funding. This guarantees that 0G will go live with a comprehensive worldwide distributed node operator network. 0G AI Alignment Node Sale’s public phase was prolonged for 6 weeks and twenty prominent launchpads supported it.
These launchpads included Second Lane, SwissBorg, and CoinList. As a result of this, the participation surged to its maximum extent, leading to massive collection at the event. The raising of $30.6M via the node sale comes after the former seed and pre-seed raises. Cumulatively, the 0G Foundation secured $400M via these funding rounds.
NFT Holders to Receive Token Supply Share and Other Rewards
According to the 0G Foundation, with its scalable, transparent, and open infrastructure, it leverages this fundraising to fulfill its objective of establishing a community-centric and decentralized ecosystem. In this respect, the node operators will enjoy a considerable say in further development. As node operators, those holding NFTs will get fifteen percent of the cumulative 0G token stock over the upcoming 3 years along with other rewards.
