Web3 Gaming Firm PlayAI Secures $4.3 Million in Seed Funding

IconCryptoNewsTerminal Staff29 May, 2024

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Web3 Gaming Firm PlayAI Secures $4.3 Million in Seed Funding

Web3 gaming firm PlayAI has raised $4.3 million in seed funding to train AI models and build a platform that rewards users for contributing gaming data. The funding round was led by P2 Ventures, Jump Crypto, AlphaWave, GenThree, MH Ventures, and Tike Block Ventures. PlayAI is valued at $70 million post-money. PlayAI is building a platform that allows gamers to contribute their data and AI models to improve the gaming experience. The company's platform will use AI to create personalized experiences for gamers and provide them with insights into their own gameplay. The funding will be used to train AI models and expand the company's team. PlayAI is also planning to launch a token sale in the future.

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