ChainCatcher news, the encrypted AI startup 0G Labs has officially launched the 0G Foundation, dedicated to developing decentralized artificial intelligence (AI) as a public resource, promoting the accessibility, transparency, and fairness of AI. The foundation aims to create an open, trustworthy, and ethically compliant AI ecosystem.The main goals of the 0G Foundation include promoting the growth and development of the 0G ecosystem, enhancing its usability, advancing transparency and fairness in the AI development process, and creating secure and accessible AI resources.

ChainCatcher news, Zero Gravity Labs (0G Labs or 0GL) is a crypto AI startup dedicated to developing the infrastructure for decentralized AI systems. The company announced it has secured $290 million in new funding. This includes $40 million in seed funding raised by the lab and a $250 million token purchase commitment received by the 0G Foundation (the independent governing body of the 0G protocol).This round of funding was participated in by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, among others.0G Labs now describes itself as a crypto AI startup rather than a modular blockchain or data availability (DA) layer. 0G Labs co-founder Heinrich stated, "The previous narrative did not cover the entirety of our mission to build AI as a public good; DA is just one component of this puzzle, as are verifiable reasoning, training, and so on."0G Labs is building what is known as a decentralized AI operating system (dAIOS), aimed at enabling the development of on-chain AI applications.

ChainCatcher news, at the "DeInsight 2024" annual summit held during Devcon in Bangkok, the RootData List 2024 annual rankings have been officially announced. 0G has successfully made it to the RootData List 2024 annual rankings as one of the "Top 50 Projects (not yet conducted TGE)." 0G is a modular AI blockchain with a scalable programmable DA layer suitable for AI dapps. Its modular technology will achieve frictionless interoperability between chains while ensuring security, eliminating fragmentation, and maximizing connectivity to realize a weightless and open metaverse.It is reported that this ranking is the second annual selection launched by RootData following its first release in 2023, aimed at showcasing influential and innovative key players in the Web3 space and assessing the critical forces that continue to drive industry progress. RootData is committed to demonstrating the core forces and trend characteristics of industry development through rigorous data analysis.The ranking statistics cover the period from October 31, 2023, to October 31, 2024, with five lists published, specifically: Top 50 Projects (completed TGE), Top 50 Projects (not yet conducted TGE), Crypto VC Top 50 Investment Institutions, Top 10 Angel Investors, and Top 20 Best CEOs.

ChainCatcher message, the FOCG Summer event, co-hosted by the full-chain game ecosystem Blade Games, the modular AI public chain 0G, and the venture studio Blockbooster, has successfully concluded, and the list of winners will be announced soon. A total of 741,000 addresses participated in this event, with daily active users exceeding 47,000.Event highlights:741,192 independent active wallets271,766 wallets interacted with the 0G Arbitrum Orbit Chain3,842,371 tasks completed1,165,776 transactions processedIn addition, the participating game Dune Factory will open beta testing next month after a version upgrade, and several other ZK on-chain games in the ecosystem will launch in October.It is reported that BlockBooster is an Asian Web3 venture studio, a trusted partner for outstanding developers, helping quality startup projects grow through strategic investment and deep incubation.

ChainCatcher news, according to Decrypt, the modular AI blockchain 0G has released its testnet V2 version, marking an important step in its mission to make AI services a public good. V2 introduces a range of new features, stability fixes, and security enhancements, driving the first iteration of the 0G testnet.It is reported that Testnet Newton v2 is a proof-of-stake chain based on Cosmos, offering greater scalability and interoperability. It introduces new data availability services and committee modules to maintain high performance and reliability. These modules ensure that data is always accessible, significantly improving the network's efficiency and functionality.According to the Web3 asset data platform RootData, 0G Labs announced the completion of a $35 million Pre-Seed round of financing in March this year, led by Hack VC.

ChainCatcher news, according to official sources, the Web3 modular blockchain infrastructure 0G Labs and ZK on-chain game engine developer Blade Games are collaborating to use ZK proofs to bring Web3 game state changes on-chain, aiming to promote the complete decentralization of Web3 games. Players will be able to use 0G's infrastructure to store and query game states.It is understood that most Web3 games still run on centralized servers, with only game assets (NFTs, rewards, etc.) on-chain. Bringing game logic on-chain is both difficult and expensive. Blade has introduced ZKP to bring game state changes (state difference) on-chain, while 0G provides highly scalable data storage for Blade's ZK game engine to publish relevant and verifiable data on-chain.

ChainCatcher news, the decentralized indexing protocol Hemera announced on X that Hemera has partnered with 0G Labs to launch BlobArchive, providing permanent data availability for L2. BlobArchive can store all data blobs created after the launch of EIP-4844 on Ethereum. Taiko is the first customer to retrieve blob data using this solution after EIP-4844.BlobArchive leverages cloud hosting and decentralized storage to create a decentralized solution with performance guarantees, featuring high performance, permanent storage, and easy verification.

ChainCatcher news, modular AI chain 0G Labs announced the launch of its testnet Newton on the X platform, allowing users to participate through three methods: Storage Node, Validator Node, and Disperser/Retriever Service.In previous news, 0G announced the completion of a $35 million Pre-Seed round of financing, led by Hack VC, with participation from Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital, and OKX Ventures.

ChainCatcher news, OKX Ventures announced the completion of a strategic investment in 0G. 0G (formerly Zero Gravity) is a programmable high-speed data availability protocol for on-chain artificial intelligence scenarios. This decentralized protocol features large-scale high concurrency and high security.Whether in scenarios for large-scale applications in the Web3 industry or under the technical framework of the Ethereum mainnet upgrade Proto-Danksharding / EIP-4844, Data Availability (DA) plays a crucial role.Based on different storage scenarios, such as on-chain storage, off-chain execution, and hardware node upgrades, data availability solutions are competing fiercely. The highlight of 0G is the reduction of transaction costs by 10000%, truly achieving high scalability.Dora Yue from OKX Ventures stated: "0G achieves a performance throughput of 50GBs with extremely low latency by decoupling storage from consensus. Its innovation lies in helping to solve the capabilities of smart contracts with machine learning through zero-knowledge proof (ZK) + artificial intelligence (AI), optimizing Web3 sectors such as DeFi, security, authentication, Web3 social, and creator economy, leveraging its programmable, high-performance, and scalable characteristics. Against the backdrop of the Ethereum block size being reduced to 25mb, 0G has conducted in-depth cooperation with other public chains like Polygon. Its modular technology stack deployment has been recognized by traditional giants like Microsoft / Meta. The efficient application of on-chain data and the combination of deep neural network computing help the blockchain industry unleash more potential in various technical foundations such as Rollup as a Service (RaaS) and AI integration scenarios. We are very much looking forward to the mainnet launch in the second half of the year!"

ChainCatcher news, according to TechCrunch, Web3 infrastructure company 0G Labs announced the completion of a $35 million Pre-Seed funding round, led by Hack VC, with participation from Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital, and OKX Ventures, but specific valuation information has not been disclosed.It is reported that the new funds will be used to accelerate the construction of a modular artificial intelligence blockchain. 0G Labs stated that no tokens have been issued yet, but they will release tokens in the future, and currently, they cannot disclose more information.