- A total of around 8,500 people contributed to the purchase of almost 85,000 nodes, bringing the total amount raised to $30.6 million.
- Following the conclusion of the 0G AI Alignment Node Sale, the attention has shifted to develop a new NFT standard for artificial intelligence agents.
With the end of its record-breaking node sale, the 0G Foundation, which is the largest decentralized artificial intelligence ecosystem and the organization that is in charge of the first decentralized artificial intelligence operating system for onchain applications, has made the announcement. Following its conclusion on December 31, the 0G AI Alignment Node Sale achieved a total of more than $30 million, making it the third biggest decentralized AI fundraising in the history of the industry.
A total of around 8,500 people contributed to the purchase of almost 85,000 nodes, bringing the total amount raised to $30.6 million. Over the course of the process, it established a new record for the second highest number of distinct purchasers to take part in a node sale. With the completion of the fundraising effort, which was accomplished via a mix of public and private funding, it is guaranteed that 0G will start with a diversified and internationally spread network of node operators being in place.
CoinList, SwissBorg, and Second Lane were among the twenty major launchpads that provided assistance throughout the public phase of the 0G AI Alignment Node Sale, which ran for a total of six weeks and was made possible with their assistance. The event’s exposure was increased as a result of this, which maximized participation.
The 0G Foundation has obtained a total of $400 million in financing, which includes the $30.6 million that was generated via the node auction. This comes after the pre-seed and seed fundraisers that occured previously. The foundation’s objective is to develop and scale the world’s first decentralized artificial intelligence operating system, and this will help them achieve that aim.
As a result of the launch of the 0G network, thousands of nodes will be deployed all over the world, and the operating license for each of these nodes will be attached to an NFT. With this, the 0G Foundation will be able to achieve its objective of developing an ecosystem that is extremely decentralized and community-focused, and in which node operators will have a significant voice in the creation of the future. Voting has already taken place among the 0G community about the proposed reward distribution mechanisms that aim to maximize incentive alignment.
NFT holders will be eligible to receive up to fifteen percent of the total supply of 0G tokens over the course of the following three years. In addition to this, they will be eligible for further rewards from development initiatives inside the 0G ecosystem, which will not need them to have a substantial amount of computing capacity. As a result, they will play a pivotal role in the operation of the biggest decentralized artificial intelligence processing network in the world.
These nodes have the ability to assist in preventing artificial intelligence from “cheating” or behaving maliciously by controlling its behavior and identifying any deviations from the protocols or ethical standards that are expected of it. By dispersing control over AI alignment, they also play an important part in ensuring the general robustness and censorship resistance of the 0G network. This is accomplished via their crucial function.
Following the conclusion of the 0G AI Alignment Node Sale, the attention has shifted to the subsequent stage of the building of the network. Among them are the proposals to develop a new NFT standard for artificial intelligence agents. It is proposed by 0G that the ERC-7844 standard be used in order to accomplish this goal, which would allow for the transfer of metadata in the event that ownership is changed.
When we transfer an agent NFT token, we are not only passing ownership of the tokenId, but we are also transferring ownership of the metadata associated with the token. Because the metadata of an agent is so important (it may be the primary reason for this transfer), it is often kept in a private environment or in a public environment with encryption. Therefore, the actual transmission of the agent metadata has to be carried out in a way that is both verifiable and privacy-preserving. The ERC721 protocol does not have the capability to carry out this kind of transfer.
Users will be able to create Virtual agents with true ownership and store their intelligence (metadata) in decentralized storage for permanent memory thanks to the new approach.
For the purpose of preparing NFT owners for the subsequent phase of the introduction of the 0G AI Alignment Node, a specialized dashboard has been developed. Here, owners of nodes have the ability to link their wallets, monitor the status of their nodes, and receive revenue once the 0G network goes live.
The mission of the 0G Foundation is to create and sustain the world’s first decentralized artificial intelligence operating system while simultaneously fostering innovation and development. With a primary emphasis on the development of an infrastructure that is open, transparent, and scalable, it is dedicated to the promotion of a thriving, decentralized ecosystem in which artificial intelligence may function as a public good. It works to preserve the long-term viability and integrity of the 0G network by forming strategic alliances, launching community projects, and developing breakthrough technologies.
