The decentralized AI ecosystem project Zero1 Labs has raised $10.78 million through LBP

2024-03-20 20:57:37

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ChainCatcher news, according to data from Fjord Foundry, Zero1 Labs has raised $10.78 million through a liquidity bootstrapping pool (LBP) in just 3 days, with a fully diluted valuation (FDV) of $167 million based on the price of the token at the end of the sale. Over 3,000 addresses participated in this sale.

Zero1 is a decentralized artificial intelligence (DeAI) ecosystem focused on data governance. It has created a comprehensive suite of DeAI products, providing a secure, modular, and interconnected platform for DeAI tools and applications. By combining the Zero1 build plan with its proprietary Cypher Chain, it establishes a resilient flywheel to drive the upcoming DeAI revolution, offering a more affordable alternative for the PoW-based TAO subnet.

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