ALL YOU NEED TO KNOW ABOUT 0G FOUNDATION NODE SALE
Everything You Need to Know About the 0G Foundation Node Sale
I. About 0G Foundation
0G Foundation was established to promote the growth, development and security of 0G, a decentralized ecosystem. The 0G ecosystem is based around the fastest modular AI chain: the infrastructure for fully onchain AI via the fastest programmable DA, storage, and verifiable AI serving framework. The protocol design enables speeds of up to 50GB/s per consensus layer enough to enable fully onchain LLM training.
🔗 Links
Website:
https://0gfoundation.ai/
X: https://x.com/0G_labs
Discord: https://discord.com/invite/0glabs
Telegram: https://t.me/web3_0glabs
📌 Key Highlights
Raised a pre-seed round of $35M from Tier-1 VC investors in March
The round was 20x+ oversubscribed with $120m in open interest
The team has a group of CS PhDs that won 4 Olympic gold medals in informatics. Companies represented are Chainlink, Avalanche, Binance, Microsoft, Amazon, Bridgewater, Bain, McKinsey, Animoca, etc.
Top Partners & Backers: Hack VC, Delphi Digital, Animoca, BanklessHQ, OKX Ventures, AVID3, dao5, Samsung Next
II. 0G Foundation Node Details
1. What is a 0G AI Alignment Node?
A 0G Foundation Node is a type of node which monitors the functionality of 0G’s nodes (DA, Storage, Serving, Validator nodes), identifies malicious data injection, and supports AI model training by reducing drift.
In the 0G Node Sale, NFTs containing node license will be sold to the 0G community in order to gain access to operate an AI alignment node and earn token emissions for helping to secure the network.
0G is introducing an innovative node sale mechanism aimed at true decentralization, departing from the typical low-float, high fully-diluted-valuation token sales. The goal is to decentralize the network's ownership while maximizing its utility and security. This fair sale approach prioritizes long-term involvement and shared ownership within the 0G ecosystem.
0G's nodes will offer real, evolving utility, rewarding participants with emissions for securing the network and contributing to the rapidly growing 0G ecosystem with over 300+ partners.
2. Why Run an 0G Foundation Node?
The AI space today is highly centralized, allowing AI systems to operate with limited transparency. By bringing AI on-chain, the 0G network makes the mechanics of AI much more transparent, enabling node operators to help ensure that AI and its operators behave honestly.
As the 0G ecosystem matures, 0G Foundation Nodes will monitor AI model drift and ensure that AI remains accurate, unbiased, and secure. This includes addressing issues like bias in large language models (LLMs), and preventing the injection of inaccurate data into AI models and AI Agent networks.
By running a node, participants contribute to:
Checker functionality: Ensuring other nodes (DA, storage, validator, serving,etc.) within 0G ecosystem are functioning properly.
AI Model training: Detecting AI model drift which may occur during training.
Decentralization: Ensuring the 0G network remains decentralized and resilient.
Identification: Identifying corrupt or malicious data, AI agents/networks, API price feed mismatch so that timely intervention can occur prior to onchain execution.
Security: Enhancing network security by verifying transactions and keeping AI accountable.
AI Processing Power: Supporting AI computations and enabling on-chain AI services.
2. 0G Foundation Node Prices
✔︎ 50 nodes – Tier 4: 0.078 ETH
✔︎ 80 nodes – Tier 5: 0.090 ETH
✔︎ 168 nodes – Tier 6: 0.103 ETH
✔︎ 170 nodes – Tier 7: 0.118 ETH
✔︎ 170 nodes – Tier 8: 0.135 ETH
Node Mining: As an alignment node operator in 0G's ecosystem, users have the opportunity to earn up to 15% of the total 0G ecosystem supply allocated over the next 3 years by helping to secure the network.
3. 0G Foundation Node Benefits
As an node operator in 0G's ecosystem, users have the opportunity to earn up to 15% of the total 0G ecosystem supply allocated over the next 3 years by helping to secure the network. Nodes are rewarded for assisting in checking and verifying the correct behavior of storage, DA, and serving nodes within the network, playing a crucial role in ensuring data integrity for the AI and other supported workloads. Additional rewards will be provided from 0G’s vibrant and growing ecosystem as a coordinated effort to maintain the AI integrity and security of the platform.
The 0G Foundation Node sale offers holders the chance to join the network and contribute to the development and security of a decentralized ecosystem for the largest collection of decentralized AI computing and data processing power, without requiring every regular user to be prepared for intensive computational tasks from day one.
4. 0G Foundation Node Sale Incentives, Rewards, and Vesting Mechanisms
How can node buyers create a referral code?
Node buyers will be able to share their wallet address as the referral code after they made a purchase, it would give a 10% rebate to their referrals.
What rebate is available when using a referral code?
If you enter a referral code when purchasing a node, you’ll receive a 10% rebate instantly on the total price.
How will I receive my commission? (For Referrers)
You will be able to claim the commission of any successful node purchased through the node on the reward claim site that will be available after 0G Foundation Node public sale. Please refer to the 0G X for access to the claim site closer to sale date.
Vesting Terms
Rewards from node operation vest over a three-year schedule, promoting consistent and long-term engagement. Vesting reduces the likelihood of short-term sales, fostering network stability and growth.
Additional Community Incentives
OpenPad, 0G ecosystem communities, and referrals provide extra benefits, such as rebates or promotional whitelist access. All promotional activities adhere to regulatory guidelines, and any reward or referral payments are conditional upon KYC eligibility.
III. 0G Foundation Node Sale On Openpad
1. Node Sale Dates
From 11:00, 08 November 2024 UTC to 06:00, 13 November 2024 UTC
2. Where To Buy 0G Foundation Node?
Purchase at OpenPad AI Platform
3. How To Buy 0G Foundation Node at OpenPad AI Platform?
Access the OpenPad AI Platform
Connect your wallet & complete KYC verification.
Navigate to 0G Foundation Node Sale page & review the project pool and timeline carefully. Then, hit "Buy Now."
Select your tier and enter the node amount you wish to purchase.
Hit "Buy" to confirm your purchase and lock in your node.
*Important Considerations for Participants
Eligibility/Disclaimer: The 0G Foundation Node Sale is limited to eligible participants in certain countries. Please review all disclaimers and important details regarding the 0G Node Sale by visiting 0F Foundation’s disclaimer here: 0g.node/disclaimer. Only persons who meet the requirements for the sale are allowed to participate.
Non-Transferability: Node licenses are non-transferable for the first 12 months to promote long-term commitment. Emissions will unlock over 36 months.
Payment Options: Payments can be made across multiple blockchains, ensuring broad accessibility.
KYC Requirements: All participants must complete KYC procedures before claiming and operating their nodes to ensure regulatory compliance.
4. Whitelist Status
(The whitelist will be updated soon)
5. How Will The Node Owners Be Able To Run Nodes?
After the node sale period is completed, purchasers will receive node NFTs to their wallets. This NFT will function as a pass to holders which will allow them to run an AI Alignment Node (subject to a license).
6. Node Operations
What are the hardware requirements?
0G Foundation nodes are designed for adoption - they can be run on community members’ laptops, desktops, mobiles, or even on cloud instances. As for device requirements, the configuration needed is very minimal:
64MB RAM
1 X86 CPU Cores @2.1GHz
10GB Disk Space
10Mbps Internet Connection
When can you begin operating your node?
AI Alignment utility will go live in 2025, after 0G Mainnet Launch.
How many nodes can you purchase?
The number of purchasable nodes will be capped per tier. Please refer to the Node Sale Tier documentation for reference.
What will happen to any unsold node rewards?
Rewards from unsold nodes will be reallocated to the sold node runners.