0G Token Listed on Kraken: A Major Milestone for 0G Labs
Kraken will list the 0G token from 0G Labs starting September 22. This listing follows closely after the token generation event on September 18.
The 0G Labs team has been working on this project for over two years. They’ve built a blockchain designed for artificial intelligence technology. Investors such as Hack VC, OKX Ventures, and Samsung Next have backed the project with over $350 million in funding.
The TGE included an airdrop for early supporters. These included Discord users, those who helped with social media campaigns, and holders of Kaito Yapper and One gravity NFTs.
According to the 0G Labs blog, their TGE was delayed until everything was correctly positioned. Their vision is to create the largest Layer 1 blockchain specifically for AI purposes, forming a entirely decentralized AI operating system.
- 0G Labs has gathered over 450 integrations and 300 projects.
- New partnerships like the one with Pyth Network will offer real-time data for the mainnet launch.
- However, the token allocation shows notable insider shares which might affect prices in the future.
Despite strong funding and partnerships, the token distribution raises some concerns.
