0G Foundation launches $88M fund for AI DeFi
The 0G Foundation has launched an $88.88 million ecosystem fund to support the development of AI-powered decentralised finance (DeFi) applications and autonomous agents, also known as DeFAI agents.
This initiative aims to foster innovation within the intersection of artificial intelligence and decentralised finance.
The fund has garnered backing from Web3 investment firms, including Hack VC, Delphi Ventures, Bankless Ventures, and OKX Ventures.
Michael Heinrich, co-founder and CEO of 0G Labs, views the fund's launch as a crucial step for the integration of AI and blockchain technologies.
"The rapid growth of AI capabilities, coupled with the need for trustless, transparent systems in finance, makes this the ideal time to accelerate the development of autonomous agents," Heinrich stated.
He also noted that 0G's infrastructure is prepared to support a new wave of AI-powered decentralised applications.
Industry observers suggest that AI agents may become a key investment narrative in the crypto space in 2025.
The interest in AI agents was sparked by Luna's execution of an autonomous blockchain transaction in early January.
Heinrich believes that autonomous DeFAI agents will transform DeFi protocols and enhance opportunities for passive yield generation.
"The biggest premise of DeFAI agents from 0G’s perspective is to enable fully autonomous, verifiable and decentralised AI-driven financial systems that operate without centralised control," he said.
These agents are expected to enable real-time adaptive yield optimisers, advanced on-chain trading bots, decentralised insurance solutions, and cross-chain arbitrage agents.
Beyond finance, DeFAI agents have the potential to impact supply chain automation, AI-based governance structures, and decentralised scientific exploration.
Heinrich added that by utilising 0G's infrastructure, DeFAI agents can process extensive data, adapt to market dynamics in real-time, and optimise financial strategies with minimal human intervention.
The launch of this fund follows 0G Labs' previous fundraising efforts, including a $35 million pre-seed funding round.
The foundation is seeking projects that deliver practical solutions to challenges in areas such as climate change, workforce automation, and healthcare.
They are also interested in scalable and technically feasible projects that can contribute value to the 0G ecosystem, including those focused on DeFi and social applications, on-chain data marketplaces, and AI-powered gaming and metaverse solutions.
0G Labs has raised $290 million in capital to advance its AI operating system.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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