0G Labs Opens New Node Sale, Raises $30 Million

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Coin68
01-10
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Buyers of 0G Labs' nodes will receive a Non-Fungible Token (NFT) representing ownership and have the opportunity to be distributed 15% of the total 0G token supply.

0G Labs raises $30 million in a new node sale

0G Labs (ZeroGravity) has successfully raised $30 million through the sale of 85,000 nodes in the next round, with around 8,500 operators participating. Each node is priced at $360. For the project, this is an important milestone in the development of the on-chain infrastructure for Web3 applications integrated with Artificial Intelligence (AI).

Our community showed up during our node sale! Stats 👇

Nodes sold: 90,665 nodes
Total contribution from the community: $32,239,132

Are you bullish, anon? https://t.co/EwCVZW4GDP

— 0G Labs (@0G_labs) January 10, 2025

In the announcement, 0G emphasized the important role of nodes in the ecosystem: monitoring AI behavior and detecting deviations from protocols or ethical standards, helping to prevent AI from engaging in fraudulent or harmful actions. Nodes also support the stability and censorship resistance of the network by decentralizing control, contributing to ensuring AI operates correctly and transparently. Node buyers will receive an NFT representing node ownership and have the opportunity to be distributed up to 15% of the total 0G token supply.

0G is building a powerful on-chain infrastructure to scale Web3 applications integrated with AI. The project focuses on providing available data storage layers, multi-purpose storage layers, and data publishing channels. These solutions help balance scalability and security, addressing major challenges in the industry.

The project also revealed that this is the second-largest node sale in Web3 history and the third-largest in the decentralized AI sector. To date, the total Capital 0G has raised externally has approached $400 million. Previously, 0G had attracted $35 million in seed and pre-seed rounds in March 2024, with the participation of more than 40 prominent investment funds such as Hack VC, Stanford Builders, Dispersion Capital, OKX Ventures, NGC Holdings, and Foresight Ventures.

0G's fundraising value across rounds. Source: Cryptorank.io (10/01/2025)

Today's event took place against the backdrop of investment funds increasing their investments in the intersection of Blockchain and AI. In February 2024, Hack VC established a $150 million investment fund to support early-stage startups in this field.

Compiled by Coin68

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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