Strategic Investment from OKX Ventures into 0G, Formerly Zero Gravity

OKX Ventures, the investment arm of crypto exchange and Web3 technology company OKX, has invested in 0G, formerly known as Zero Gravity, which offers data availability (DA) and storage solutions.

The first modular AI chain has changed the launch of decentralized AI apps by providing the fastest DA layer. 0G Labs bridges the gap between Web2 and Web3 data speeds and costs, enabling new use cases such as on-chain AI, on-chain gaming, and high-frequency DeFi. Its architecture supports horizontal scaling, offering the fastest DA with a throughput of 50GB/s per consensus layer. This leads to costs that are 100x cheaper than existing systems. 

DA serves as the linchpin for blockchain scalability, balancing decentralization and security. DA strategies are diverse, grounded in differing data storage use cases, on-chain data storage, off-chain execution processes and hardware node upgrades. Noteworthy developments like Proto-Danksharding and EIP-4844 address DA needs for Ethereum rollup solutions, including rollups, optimistic rollups and zero-knowledge rollups.

OKX Ventures invested in 0G due to its unique and efficient approach to DA in the blockchain space. 0G’s modular stack is a layer 1 design that offers a promising solution to the challenges of scalability, security and decentralization. It allows for settlement on all leading L1s such as Ethereum and execution on leading layer 2s or app chains. 

This investment aligns with OKX Ventures’ commitment to fostering innovation and advancement within the blockchain technology ecosystem.

OKX Ventures Dora Yue said: “As Polygon’s original DA provider, 0G is dedicated to providing the most modular and unrestricted infrastructure. Our support aims to position 0G as a leading DA provider, offering programmability, security and high performance for diverse Rollup-as-a-Service (RAAS) and AI scenarios in the coming years. We eagerly anticipate the launch of its testnet this year.”