0G and OnePiece Labs launch Crypto x AI incubator

April 24, 2024 01:02 AM AEST | By Investing

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0G and OnePiece Labs launch Crypto x AI incubator

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Web3 modular infrastructure firm 0G Labs and OnePiece Labs have established a new incubator to nurture innovation at the crossroads of blockchain technology and artificial intelligence (AI).

The global accelerator program is dedicated to incubating early-stage enterprises exploring a range of applications, including AI DAOs, trustless prediction marketplaces, and secure AI model frameworks, among other concepts.

Named the OPL x 0G Incubator, the initiative seeks to support Web3 founders who are exploring the integration of AI with crypto applications.

The incubator is set to open applications until June 14, 2024, with the program starting on July 1 and spanning 10 weeks. It concludes with a demo day scheduled for September 12, where participants can pitch their projects to investors and industry experts.

Participants in the OPL x 0G Incubator will receive direct support to deploy their projects on 0G's Data Availability layer, along with mentorship from experts in the Web3 and AI sectors. They'll also have the opportunity to secure up to $50,000 in grant funding.

"The initiative with OPL is designed to harness the revolutionary potential of modular AI chain technologies and blockchain innovation, creating a platform where top-tier developers can collaborate, innovate, and push the boundaries of what’s possible," said Michael Heinrich, Co-Founder of 0G Labs.

0G, also known as ZeroGravity, is developing a modular AI blockchain designed to address the challenges faced by on-chain AI applications in the Web3 ecosystem, such as speed and cost efficiency. It faces competition from companies like Celestia and EigenLayer, which also focus on modularity in their technologies.

Modularity in blockchain allows developers to select the components they want to use when building a blockchain system or application. Similar to customizing a meal in a restaurant, developers can configure these components to best meet their specific needs.

KJ Jia, Partner at OnePiece Labs, highlighted the synergies between the two organizations.

"We’re beyond excited to be working with 0G on our Incubator Batch #4, which promises to be the most impactful yet. I’m confident that the 0G team is made of some of the smartest and most resilient builders I’ve seen."

This article first appeared in Investing.com

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