2014 can be considered the year of AI, as numerous AI projects emerged from the combination of AI and blockchain. VC funding for AI sector projects is thriving, and secondary AI projects are also flourishing, with meme projects trending. However, the true meaning of 'on-chain AI' still faces significant technical challenges. High throughput, low latency, and cost optimization that matches the high computational demands of AI applications remain problems that traditional blockchain architectures cannot overcome.
Focusing on data availability (DA) as a core issue, prior to the Ethereum Danksharding upgrade, its throughput was only 0.08 MB per second. Even more advanced solutions like Celestia and EigenDA only reach about 10 MB per second. Training AI models and real-time inference typically require data throughput of 50 to 100 GB per second. 0G has proposed their unique solution: a decentralized operating system designed for AI and on-chain applications, addressing the performance-cost dilemma.
0G, short for Zero Gravity, is a leading Web3 infrastructure provider that is building a leading modular AI blockchain and creating solutions to implement on-chain AI applications within the Web3 ecosystem. Its modular technology will enable frictionless interoperability between chains while ensuring security, eliminating fragmentation, and maximizing connectivity to create an open metaverse.
0G has significantly enhanced system throughput and performance by decoupling data publishing and storage through the introduction of a modular data availability layer, decentralized storage, and a service framework supporting on-chain AI. Each consensus layer can provide approximately 50GB of data availability capacity, which is 50,000 times faster than danksharding or other methods and costs about 100 times less. This architecture is not only suitable for AI but also supports on-chain gaming, high-frequency DeFi, and future data markets.
Advantages of OG Modular Blockchain:
Scalability: Unlike monolithic blockchains that handle all transactions on a single layer, modular blockchains allow specific modules to be updated or modified as needed, thereby enhancing network scalability.
Flexibility: Modular blockchains provide developers with unparalleled freedom to create bespoke applications with custom mechanisms and rules, in stark contrast to the fixed structures of monolithic blockchains.
Shared Security: By leveraging the existing consensus mechanisms and validators of other networks within the same ecosystem, modular blockchains avoid the need to develop these systems from scratch, thus facilitating secure cross-chain connections. Modular Layer-2 networks are a great example.
Financing:
In March, it was announced that the Pre-Seed round financing was completed, amounting to $35 million, led by Hack VC, with participation from Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital, and OKX Ventures.
Seed round financing in November, amounting to $40 million, with participation from Hack VC, Delphi Digital, OKX Ventures, Samsung Next, and others.
Team Background
Co-founder Michael Heinrich has worked at top global companies such as Microsoft, SAP, and Bridgewater Associates, and later founded a Web2 company valued at over $1 billion, Garten. The other three founding team members—Thomas Yao, Ming Wu, and Fan Long—also have deep expertise in blockchain, artificial intelligence, and systems engineering.
0G Economic Tokenomics
The total token supply is 1,000,000,000.
Backers: 20%;
Team & Advisors: 22%;
AI Alignment Node: 15%;
Ecosystem Rewards: 43%.
From the perspective of economic tokenomics, early investors and the team TGE are all 0 release, with a release period of 48 months. Nodes release 33% at TGE, with a release period of 36 months, while ecosystem rewards are 10.8% at TGE, with a release period of 48 months. In the early stages, most participants are node users who have the tokens. Additionally, to ensure network stability, all node license NFTs are non-transferable within the first 12 months.
The node sale is essentially a form of project investment, fundamentally providing necessary support for the operation of a decentralized network by selling node licenses, while also granting node purchasers certain token rewards. Compared to short-term speculative token trading, the distribution cycle of node rewards is usually longer, providing participants with a more stable source of income.
The sale of 0G nodes launched on November 11, 2024, and node operators will receive 15% of the total supply of 0G ecosystem tokens over the next three years. The node sale is divided into several tiers, allowing interested parties to choose their level of participation, opting for low-barrier entry or high-end investment.