Preparations underway for the introduction of Kraken token to the 0G platform
0G Labs, a trailblazing blockchain technology company, is making waves in the industry with its innovative projects. Among these are Aethir and Orochi Network, both of which are building on the 0G network.
Aethir, Orochi Network, and other projects under 0G Labs' umbrella are part of a growing ecosystem that is revolutionising the way we perceive and interact with blockchain technology.
Recently, Pyth Network joined the list of integrations, bringing over 2,000 institutional price feeds to the 0G network. This collaboration underscores the growing appeal and potential of 0G Labs' projects.
The company's flagship project, Aster, is an Artificial Intelligence Operating System. Aster is likened to an intelligent toolbox, offering a variety of AI functionalities. It's a promising development in the AI sector, offering a potential solution for businesses and individuals seeking to harness the power of AI.
The allocation of the remaining supply within 0G Labs is divided between two main categories: Ecosystem Growth (31.31%) and AI Alignment Nodes (15%). However, Community Rewards, despite a large-scale airdrop and community activation, only receive 9.69% of the total supply.
Another noteworthy point is the insider allocation, which accounts for 44% of the total supply. This allocation is split between the team and early backers. While this could potentially boost the growth of 0G Labs' projects, it also raises the possibility of downward price pressure in the future due to large insider holdings.
Despite CZ's "well done" for Aster, there is no information available about a potential dismantling of Hyperliquid, another project by 0G Labs. The future of Hyperliquid remains uncertain, but the momentum of Aethir, Orochi Network, and Aster suggests that 0G Labs is poised for continued success in the blockchain and AI sectors.
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