0G Labs: details of the node sale on MocaList
MocaList is a new launchpad platform created by the Mocaverse project together with the CoinList centralized exchange. Only holders of Moca NFTs, MOCA Coins, Moca IDs, and authorized CoinList users have access to participate.
In early November 2024, the first project to be launched on MocaList was announced. This will give the Mocaverse and CoinList community priority access to the 0G Labs node sale, a protocol whose team is developing a modular blockchain focused on decentralized applications using artificial intelligence.
The node sale will run from November 7, 17:00 (UTC), until November 13, 2024, 12:00 (UTC). The sale will follow the familiar shooting gallery system: if a certain quota is bought out, the price will increase. In total, the sale of 0G AI nodes is divided into 32 tiers, but MocaList is reserved for tiers 3-13.
The final purchase price is unknown and will depend on the final distribution of sales. At the same time, the maximum price cap is set at 0.124 ETH.
In this article, we will tell you about 0G Labs, review the basic metrics, and show you how to participate in the node sale.
Details
the 0G Foundation is powered by Zero Gravity Labs, a decentralized artificial intelligence operating system (dAIOS) that offers the infrastructure for the next generation of decentralized AI applications.
The modular architecture of 0G allows you to track every solution and data source due to its “transparency”. At the same time, users can store and manage data on the network while retaining full ownership and control.
In March 2024, the startup raised $35 million in investment. The previous round of funding was led by Hack VC with the participation of OKX Ventures, GSR, Animoca Brands, Arca, NGC Ventures, DWF Labs, Foresight Ventures, gumi Cryptos Capital, and Dispersion Capital. Through the sale of nodes on various platforms, it is planned to raise an additional $162 million (64 726 ETH).
0G is a native protocol token that serves as an asset for paying fees when interacting with the L1 network of the 0G Chain. The total amount of 0G is 1 billion, of which 150 million (15%) are earmarked for rewards for node holders. 33% of the tokens from the node will be available on TGE, but with a penalty for immediate staking. The rest will be unlocked linearly over 36 months.
MocaList has 31 400 nodes allocated for the sale. Their total number is 175 500, with a reserved amount of 854.7008547 0G per node. Purchased nodes will not be transferable for a year.
Step-by-step instructions for registering for the 0G Labs sale
- Follow the link and click Participate Now. Next, log in if you have an account. If not, click Sign Up and register:
- Next, go through a short registration for the sale, confirming our data. Specify the desired amount in the appropriate stablecoins, enter the INCRYPTED code for a 5% discount, and click Continue. In case of insufficient funds, proceed to the deposit:
- In the wallet, select USDT or USDC and click Deposit. Copy or scan the address for the transfer. Wait for the transfer to be credited and return to the registration page.
Note: the deposit must be made on the Ethereum network. If you transfer to another network, the funds will be lost.
- Wait for an e-mail with a purchase confirmation or a notification about the pending unlocking of funds.
Conclusion
More and more projects are publishing information about how many tokens you get for buying a node. Given this, such campaigns are perceived in the same way as classic sales. To decide whether to participate in this sale, you should study the project’s documentation and take into account the general mood in the market.
Highlights:
- 3-13 tiri have been allocated for the campaign;
- node holders will receive tokens;
- the listing is scheduled for the first quarter of 2025;
- the purchase deadline is November 13, 2024.
Useful links: Website | X | Discord
All information is provided for informational purposes only and should not be used as a basis for making investment decisions, nor should it be considered as a recommendation or advice to participate in investment transactions. Do Your Own Research.
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