Key takeaways:
- 0G Foundation and OnePiece Labs introduce a program to support Web3 and AI startups.
- The program provides funding, mentorship, technical support, and community building.
- The first cohort includes companies like CARV, Cygnus Finance, and Polyverse AI.
0G Foundation and OnePiece Labs have announced the launch of their first incubation program, designed to support emerging startups in the Web3 and AI sectors. This initiative seeks to identify promising founders and provide them with essential resources, strategic support, and mentorship.
Tailored support for all stages of development
The incubation program caters to startups at various stages of their life cycle. Early-stage founders can benefit from networking opportunities, initial funding to develop a minimum viable product (MVP), and developer tools to build out their products. Mid- to late-stage companies will receive support for community building and performance metrics such as daily active users (DAU) and monthly recurring revenue (MRR).
The program offers a comprehensive support system, including co-founder matchmaking, technological integration, and investor introductions. With modern infrastructure and an extensive network, 0G Foundation aims to achieve big advancements in Web3 and AI. They plan on doing so by providing high-performance data analytics (DA), low-cost data storage, and decentralized serving layers.
“Launching this incubator program is a strategic move to strengthen our ecosystem and support groundbreaking projects that can push the boundaries of Web3 and AI. We are committed to providing startups with the tools and mentorship they need to overcome challenges and scale rapidly, fostering a collaborative environment that drives collective success.”
Michael Heinrich, advisor to 0G Foundation and co-founder of Zero Gravity Labs
Promises of the 0G accelerator program
The 0G accelerator program promises several benefits to startups. It provides resource allocation, ensuring that startups have access to essential funding, cutting-edge technology, and development tools. It also offers mentorship and guidance from industry leaders and successful entrepreneurs. To support technical needs, the program provides robust technical support to ensure seamless integration with 0G’s infrastructure. Additionally, it aids in community building by facilitating connections within the 0G ecosystem to foster a supportive and innovative community. Lastly, the program enhances market exposure for projects through 0G’s network and marketing channels.
Highlighting the first cohort
The first cohort of the 0G Accelerator Program includes:
- CARV: A modular data layer for gaming and AI, focusing on privacy and data ownership. The company has over 2.5 million registered players and $1 million in monthly recurring revenue.
- Cygnus Finance: An EVM-compatible ZK rollup combining non-EVM systems with the EVM ecosystem, backed by major investors with over $50 million in total value locked (TVL).
- Polyverse AI: Specializes in Zero-Trust AI data engines and decentralized AI data marketplaces, aiming to raise $8 million in funding.
- 0xKnowledge: Develops AI-augmented, Web3-native documentation platforms and personalized AI assistants.
- DataHive: Creates user-owned AI operating on user-owned data, with $150K in booked revenue.
- Heph: An AI model training platform using a global workforce of over 174,000 data labelers.
- Infinity Ground: An AI-native gaming Appchain providing modular tools for AI gaming development.
- MetaPals: Integrates digital companions into daily lives through custom-built overlay technology, with 55,000 users.
- Fractopus: Connects online content into a peer-to-peer revenue-sharing network, enabling the monetization of AI-generated content.
To round it all up
The 0G Foundation and OnePiece Labs incubation program aims to accelerate the growth and development of Web3 and AI startups. By providing comprehensive support and leveraging their extensive network, they are going to drive innovation and success in these cutting-edge fields. The first cohort already showcases a diverse array of companies ready to make significant impacts in their respective industries.
