Play AI Secures $4.3M for AI and Web3 Gaming Breakthroughs

Play AI—an emerging gaming powerhouse located in the heart of Las Vegas—has successfully concluded its inaugural funding round, securing an impressive $4.3 million.

Established just six months ago, Play AI recently emerged from a three-month stealth phase, during which it garnered support from key investment partners like P2 Ventures, Jump Crypto, Alphage Ventures, and MH Ventures, among others.

The company’s CEO, PS Ramees—known for his work with Adidas and Walmart—advocates AI and blockchain as crucial for the future of gaming and virtual reality. As a result, the funds are designated for groundbreaking AI middleware and decentralized technology to reshape interactive gaming.

Source: X (Play AI)

Inside Play AI 

Play AI’s platform encompasses ‘Play Markets’ for data collection, ‘Play Dojo’ for AI refinement, and ‘Play Hub’ for seamless AI agent integration.

Security is paramount, with the ‘Eigen Layer’ verifying operations to guarantee AI integrity and reliability.

In addition, the company uses blockchain to power its decentralized network, promoting transparency and motivating gamers to share data. This data fuels AI model training, accessible to developers via Play AI’s ‘Gaming Agent Marketplace’.

With this robust foundation and substantial backing, Play AI is poised to revolutionize the gaming industry with cutting-edge AI and blockchain solutions.

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*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational material only. Individuals are required to fully research any product prior to making any kind of investment.

The post Play AI Secures $4.3M for AI and Web3 Gaming Breakthroughs appeared first on NFT Plazas.


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