Zero1 and NEAR Protocol Unite to Drive Decentralized AI Development

• Zero1 Labs partners with NEAR Protocol to support decentralized AI builders and grassroots teams through hackathons and community initiatives.
• NEAR Protocol and Zero1 Labs collaborate to foster innovation in decentralized AI, empowering developers with scalable blockchain infrastructure and community support.

Officially, Zero1 Labs has partnered with Layer 1 blockchain network NEAR Protocol, which is driving decentralized artificial intelligence (AI). For developers and innovators, this partnership signifies a turning point since they use NEAR’s scalable and safe infrastructure to mold a future defined by open, community-driven AI applications.

Clearly, the goal of this partnership is to enable grassroots teams and builders to lead decentralized artificial intelligence solutions. Together, Zero1 Labs and NEAR Protocol intend to provide strong assistance for early-stage developers.

This will be accomplished by means of several projects, including cooperative efforts aiming at increasing awareness of decentralized artificial intelligence, holding hackathons, and helping beta testers to be hired.

Decentralized AI builders👀@zero1_labs working together with the NEAR ecosystem.

Supporting decentralized AI founders with:
• community building
• product validation
• hackathons

for more details👇 https://t.co/EAFTfKURaI

— NEAR Protocol (@NEARProtocol) October 22, 2024

Empowering Developers Through Collaboration and Innovation

Using its Zero Construct Program (ZCP), which promotes an inclusive and community-oriented atmosphere, Zero1 Labs is already well-known for its dedication to early-stage startups.

Zero1 Labs’ objectives fit quite nicely with those of NEAR since both companies want to empower developers by giving them the tools, resources, and support they need to shine in decentralized artificial intelligence. This cooperation guarantees the greatest possible surroundings for community-driven initiatives to flourish, therefore strengthening their mission.

The part NEAR Protocol plays in this alliance is really important. NEAR has become a major participant in combining artificial intelligence with decentralized infrastructure since it is a blockchain network meant to expand AI-powered apps to billions of users.

Working with Zero1 Labs, NEAR brings its technological knowledge and blockchain scalability front and foremost, therefore enabling fresh paths for developers to succeed in the Web3 environment.

Zero1 Labs and NEAR’s combined project will center on enabling grassroots teams via hackathons, product testing, and community-building initiatives. This project seeks to provide a forum where developers could interact with a worldwide community of decentralized artificial intelligence aficionados, test their products, and get insights.

Fostering Global Collaboration for Distributed AI Success

The project also stresses some important factors that are absolutely vital for the success of decentralized artificial intelligence developers. Zero1 Labs and NEAR are committed to providing early-stage teams chances and tools so that the most exciting ideas get the required help to grow.

Teams will get the opportunity to engage in hackathons and further hone their ideas by means of thorough product testing in conducive surroundings. Apart from that, the alliance seeks to establish a worldwide decentralized AI community by encouraging cooperation among like-minded inventors and engineers, therefore supporting common success.

Projects resulting from this cooperation will acquire momentum inside the decentralized AI and larger blockchain communities by raising awareness and involvement, hence improving their impact and development.

Beside that, as we previously reported, daily active addresses on the NEAR Protocol peaked in Q2 2024 and increased by 42%. This explosion of network activity shows how increasingly NEAR’s decentralized infrastructure is being embraced.

But NEAR’s token price has somewhat dropped at the time of writing; it is now $4.59, down by 2.33% over the last 24 hours and by 7.59% over the last 7 days.