0G Labs and One Piece Labs have unveiled the launch of an innovative incubator aimed at entrepreneurs who are exploring the intersection of blockchain and artificial intelligence (AI). The OPL x 0G incubator aims to discover and support talented Web3 entrepreneurs who are investigating the potential of AI to enhance cryptocurrency use cases, or vice versa.
The fusion of AI and crypto is a relatively uncharted territory, mainly due to the newness of both technologies and the need for a deep understanding of both sectors to identify synergies. The teams behind the incubator aim to inspire ambitious creators to generate their own unique ideas on how to combine the best concepts from AI and crypto through the OPL x 0G incubator.
The application period for the OPL x 0G Incubator will close on June 14, 2024. The program is set to commence on July 1 and will run for ten weeks, concluding with a demo day on September 12. Participants will benefit from practical guidance on deploying their projects from 0G’s Data Availability layer, as well as gaining access to a vast network of mentors and investors in the Web3 and AI domains. Additionally, 0G will provide grants of up to $50,000 to high-impact teams.
Builders are encouraged to propose a wide range of concepts that integrate AI and crypto to advance either industry. 0G and OPL have highlighted several potential ideas where AI applications can support the growth of cryptocurrency use cases, including AI DAOs, “DePIN 2.0,” and trustless prediction marketplaces. Alternatively, participants can explore Web3-native approaches to enhancing the security and efficiency of AI models, such as Verifiable Training, Transparent LLM Drift, and other paths to Verifiable Inference. However, the incubator’s ultimate objective is to stimulate the submission of even more captivating ideas.
Michael Heinrich, Co-Founder of 0G Labs, explained the purpose of the modular 0G blockchain project, which aims to address the main challenges in applying blockchain technology to AI. The project aims to significantly increase bandwidth by over 50 times compared to the current state of the art, enabling the execution of AI jobs and projects on the blockchain through a modular architecture that eliminates outdated consensus methods and execution.
KJ Jia, Partner at OnePiece Labs, described OnePiece Labs as a Web3 incubator that provides seed funding, mentoring, and essential community networking to help entrepreneurs thrive in the Web3 space. With strong connections to the Bay Area community, the incubator’s portfolio companies have already secured over $30 million in funding in just two cohorts.
