0G Labs Raises $35M for Customizable AI Blockchain to Enable Faster, Cheaper On-Chain Models

0G Labs raised $35M in a pre-seed round to build a modular AI blockchain that is more efficient for on-chain AI apps
The blockchain aims to be customizable like orders at a restaurant, allowing developers to configure components to suit their needs
The modular design focuses on decentralization, scalability, and storage to enable on-chain AI models
The blockchain claims it will have 50Gbps throughput, far faster than competitors at 1.5Mbps
0G plans to launch mainnet by Q3 2023 to support gaming, DeFi, and other high-bandwidth dapps with negligible gas fees