0G Foundation presents $ 88.8m Ecosystem background for decentralized applications

The Governance Foundation for the Decentralized 0G Artificial Intelligence Ecosystem has presented a $ 88 million fund for the creation of AI applications.

The 0G Foundation is looking for presentations of equipment that develop decentralized finance (DEFI), chain data markets to share safe data, games promoted by AI and social applications, according to an ad -email announcement on Wednesday.

The fund is backed by several renowned investors in the Blockchain Risk Capital sector, such as Hack VC, Delphi Ventures and OKX Ventures.

This trio of companies also contributed to the $ 40 million seed financing round in Zero Gravity Labs, a collaborator of 0g Core 0G, in November.

The generalized increase in AI in many areas of the economy has stimulated a movement in the blockchain industry to introduce decentralization in the way in which data is collected and used to prevent AI being dominated by a few powerful corridors.



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