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0G Foundation raises $30M selling AI nodes

Node operators will receive up to 15% of the 0G token’s supply over the next three years.

0G Foundation has raised more than $30 million selling nodes used for operating its decentralized artificial intelligence platform, the company told Cointelegraph on Jan. 9. 

The Web3 AI platform sold almost 85,000 nodes to approximately 8,500 operators, 0G said, equating to roughly $360 per node. 

0G said the sale marked Web3’s second-largest node offering ever and the third-largest fundraise for decentralized AI. It takes 0G’s total funds raised to around $400 million.

The Web3 project previously raised venture capital (VC) funding in a pre-seed and seed round, 0G said. 
https://cointelegraph.com/news/0g-foundation-raises-30-million-selling-ai-nodes