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0G Labs just completed a major node sale, raising $30 million to develop a decentralized AI operating system. The company has attracted a large amount of investment in recent months, demonstrating investor interest in the technology.
This news comes from an exclusive press release shared with TinTucBitcoin.
0G Labs Launches Node AI Sale
0G Labs, an AI research company, has done multiple rounds of capital raising in addition to this node sale. In 2024, it was one of the largest recipients in the crypto industry, receiving more than $40 million in November. While the amount from this tranche doesn’t match that achievement, it’s still impressive.
“Nearly 85K nodes were purchased by approximately 8.5K individuals, bringing in 30.6 million USD. This sets a record for the second largest number of buyers participating in a single node sale. The capital raising ensures 0G will launch with a diverse and globally distributed network of node operators,” the company said. declare.
Node sales are a popular method of raising capital in the cryptocurrency and Web3 space, with many companies in other sub-sectors also conducting sales. For example, the DePin Privasea project sold out one batch in August and launched another batch in October.
At the same time, Lumia, an RWA DeFi protocol, had a successful node sale last year, as happened with the Wirex payments platform.
However, no other AI company has made sales as prominent as 0G in recent months. Between this sale, the $40 million in November, and multiple other funding rounds, 0G Labs claims to have raised more than $400 million in total.
AI is sweeping the cryptocurrency market in many important areas, and major investors are paying special attention to AI agents. However, decentralized AI solutions like 0G’s are more controversial. Some projects have received large amounts of capital, while there is still a lot of skepticism.
After a successful sale, 0G will deploy thousands of nodes globally for decentralized governance and centralized network development. The company plans to create a new standard for AI agents, hoping to gain widespread adoption in the industry.
Overall, decentralized AI has become one of the fastest growing trends in the cryptocurrency industry, and many notable developments have occurred in the field in recent months. Most recently, the O.XYZ project raised $130 million to develop the first decentralized AI management organization (DeAIO).
AI agent tokens have also seen rapid growth, with industry experts predicting it will become a trillion-dollar industry in the coming years.
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