Emerging from stealth, the web3 artificial intelligence firm PlayAI has raised $4.3 million in seed funding. This substantial financial boost elevates the company’s valuation to an impressive $70 million.

Expansion and Innovation 

With this new capital, PlayAI is poised to expand its team and advance its unique gaming platform. The firm plans to implement ‘stream-to-earn’ campaigns, rewarding gamers for sharing gameplay data. 

Ready, Player?
We’re thrilled to announce our $4.3M Seed Round, to build the Modular Intelligence for Gaming 🌱

This also marks the reveal of the Play Collective, a completely new way for you to now look at gaming and beyond

The first step in building the unified intelligence… pic.twitter.com/t4DzPn4R8J

— Play AI (@playAInetwork) May 29, 2024

This data is crucial for training PlayAI’s advanced AI models, which are set to revolutionize the gaming industry.

Moreover, PlayAI is gearing up to launch an incentivized testnet that will further enhance its offerings to the gaming community. The company, supported by notable investors such as P2 Ventures, Jump Crypto, and Alphawave, among others, is making strides in integrating AI with gaming.

PlayAI also introduced a new platform, Collective, where users can earn rewards for gameplay data contributions. Additionally, the Play Collective NFT launch today offers exclusive benefits to holders, marking a milestone in PlayAI’s commitment to rewarding its community.

As PlayAI continues to push the boundaries of what’s possible in gaming with AI, the industry watches with anticipation, eager to see how these innovations will reshape the landscape of gaming and virtual interactions.

Also Read: Web3 AI Platform Rivalz Launches Testnet Rewards Event

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