0G Prepares for November ICO

0G Prepares for November ICO

By Jakub Lazurek

25 Oct 2024 (10 hours ago)

3 min read

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0G is set to launch its ICO in November, aiming to enhance Web3 infrastructure with scalable, secure data solutions and strong investor backing.

0G, a blockchain infrastructure project, is preparing for its upcoming ICO, which will begin on November 11, 2024. The project aims to revolutionize the Web3 ecosystem by offering scalable, secure, and programmable data availability infrastructure. By utilizing low-latency data feeds and providing real-time, on-chain data, 0G plans to empower Web3 applications and ensure reliable performance for its users.

Since its inception, 0G has positioned itself as a cutting-edge platform for the GenAI era. It promises a 1,000x performance improvement along with significant cost savings, making it an appealing choice for Web3 developers and communities. The platform’s core strength lies in its programmable DA 2.0, which facilitates friction-free development through modular infrastructure. This allows users to build scalable applications confidently on enterprise-grade APIs.

0G's development has been backed by notable investors and venture capital firms. In the pre-seed stage, the company raised $35 million from key players such as Delphi Digital (Delphi Labs), Alliance, Hack VC, and Animoca Brands. This early support has provided 0G with a solid foundation as it prepares for its ICO and continues to develop its ecosystem. The platform's upcoming Node Sale Round, scheduled to start alongside the ICO on November 11, 2024, will offer additional opportunities for participants to engage with the 0G network.

As part of its commitment to community engagement and building a decentralized ecosystem, 0G is currently running an incentivized testnet. This initiative allows users to participate in testing the platform’s infrastructure and potentially earn future rewards. By taking part in these activities, early adopters can help shape the development of the network while positioning themselves to benefit from potential token distributions.

With its upcoming token generation event (TGE) and distribution on the horizon, 0G is focusing on ensuring a smooth token launch that will distribute tokens to early participants and investors. The project’s roadmap highlights a strong focus on incentivized activities, community building, and a well-structured token launch.

Investors and developers alike are closely watching 0G as it prepares to roll out its key features, making it a project to follow closely in the coming months. The backing from well-established venture capital firms and the anticipated launch of its ICO signal strong potential for growth. Participants interested in being part of the 0G ecosystem should mark their calendars for November 2024, as the upcoming ICO and Node Sale Round are expected to offer key opportunities to engage with the platform at an early stage.

The successful $35 million raise during the pre-seed stage and the ongoing developments around 0G’s infrastructure showcase the project’s ambition to lead the way in Web3 infrastructure solutions. As the ICO date approaches, further details are expected to be announced, providing more clarity on token distribution and how early adopters can maximize their involvement with the project.

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