This fundraising success highlights the growing investor interest in AI and blockchain technology.
The sale saw almost 85,000 nodes purchased by around 8,500 individuals, making it the second-largest node sale in terms of unique buyers.
0G Labs Raises $30M, Boosting Decentralized AI Efforts
While it doesn’t quite match the $40 million 0G Labs raised in November 2024, this sale is still impressive, signaling a strong vote of confidence from investors. The funds will help establish a diverse, globally distributed network of node operators, setting 0G Labs up for success as it rolls out its AI system.
This past year has been truly transformative for 0G as we’ve solidified our position as a leader in Decentralized AI.
🔗 https://t.co/uOHKa6XHx1
With the support of our incredible community, we have successfully:
🔹 Launched innovative products like the 0G Service Marketplace,… pic.twitter.com/lBpufH0WRw
— 0G Labs (@0G_labs) December 31, 2024
Node sales have become a popular fundraising method in the crypto and Web3 space. Projects across different sectors have turned to this approach, including the DePin project Privasea, which sold out a node sale in August and launched another in October.
Similarly, the RWA DeFi protocol Lumia and the payments platform Wirex also had successful node sales in 2023. However, 0G Labs stands out for its high-profile sales in the AI space, raising substantial funds while attracting significant attention.
Our community showed up during our node sale! Stats 👇
Nodes sold: 90,665 nodes
Total contribution from the community: $32,239,132Are you bullish, anon? https://t.co/EwCVZW4GDP
— 0G Labs (@0G_labs) January 10, 2025
With this recent node sale, along with its impressive VC backing of over $40 million in November and other pre-seed rounds, 0G Labs has now raised over $400 million in total. The company’s success underscores the growing demand for decentralized AI solutions and its ability to capture the market’s interest. As the saying goes, “strike while the iron is hot,” and 0G Labs is doing just that, capitalizing on the momentum of AI and blockchain innovation.
More About 0G Labs
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