Description

Overview:

Zero Gravity is building Data Availability 2.0 — 1000x faster and cheaper on-chain data (vs danksharding) that is programmable, optimized for AI, and more.

While Celestia allows storage speeds of 1.4MB/s, Eigen Layer 10MB/s, ZeroGravity allows up to 5000MB/s (and for example, Solana has 125MB/s). This opens up a lot of new possibilities for using DA, which may not even be obvious today.

Thanks to their solution, the storage price is also significantly reduced. For ETH, 1kb costs about $60, for L2 $6, for Sol $0.008, and for Zero Gravity $0.0005, which is 12x cheaper.

Both of these features make this DA ideal for AI, high-frequency DeFi, on-chain games, and other memory-intensive applications.

About the Team

The founders are experienced serial entrepreneurs who have built successful unicorn companies—Conflux and Garten—and have raised and generated revenue in the 100s of millions. Our team has 8 PhDs in Computer Science from renowned programs, and includes one of the world's top cryptographers. Additionally, we have won 10 gold medals in informatics competitions and have diverse experience from top companies such as Microsoft, Apple, Bridgewater, Bain, and Ideo.

About the Round

Zero Gravity is 14x oversubscribed with $70M in open interest and have chosen to take in $20m. The round is basically closed but they are still open to KOLs and strategic partners. Latest Terms are $300m Safe with 2:1 token warrant , but we can get in at a discount at $200m. Next round will be a very large Series A with a significant valuation uptick.

Positives:

• Already high valuation (but already raising at higher val - Delphi digital will get into the round at 300M usd)
• Competitive space - EigenDA, Celestia, Filecoin, Arweave - Pitch deck page 12
• Not known vestings and cliffs, as the tokenomics are being yet prepared - early tokenomics drafts are on page 43 in pitchdeck
• Risks identified by team are mentioned in pitchdeck on page 52

Negatives:

• Already high valuation (but already raising at higher val - Top Tier VC will get into the round at 300M usd)
• Early tokenomics drafts are on page 43 in pitchdeck
• Risks identified by team are mentioned in pitchdeck on page 52

Disclaimer

• • Risk of Loss: Investing in cryptocurrency projects carries inherent risks, including the risk of losing your entire investment. Be prepared to potentially lose all the funds you invest.
• • No Guarantees: There are no guarantees of profits, returns, or success when participating in projects. Past performance is not indicative of future results.
• • No Financial Advice: The information provided is not financial advice. Consult with a financial advisor if you are uncertain about participating.
• • Due Diligence: It's your responsibility to conduct thorough due diligence on the project, team and tokenomics before participating. Make informed decisions.
• • Community and Social Hype: Be aware that investment decisions based solely on social media hype or community sentiment can be risky and speculative.
• • Backup Your Private Keys: Ensure you have securely stored your private keys or seed phrase. Losing access to them may result in permanent loss of your assets.