0G Foundation raises $30M selling AI nodes
0G Foundation raised over $30 million by selling nearly 85,000 nodes for its decentralized AI platform, with approximately 8,500 operators participating. The nodes were sold at about $360 each, marking the second-largest node offering in Web3 and the third-largest fundraising for decentralized AI, bringing total funds raised to around $400 million. Node buyers received NFTs representing claims on the nodes and can earn up to 15% of 0G token emissions over three years. These nodes help monitor AI behavior and ensure ethical standards, enhancing the network's robustness and censorship resistance. The industry anticipates significant growth in agentic AI within Web3 by 2025, with predictions of over 1 million AI agents on blockchain networks. Challenges include regulatory issues and centralization risks, which could undermine decentralization efforts.
