Web3 gaming company PlayAI completes $4.3 million seed round

Web3 gaming company PlayAI has completed a $4.3 million seed round of financing, with a total valuation of $70 million. P2 Ventures, Jump Crypto, Alphawave, Zentry, MH Ventures, Tykhe Block Ventures, and angel investors have all previously supported PlayAI. The company plans to use the new financing to expand its team, as well as launch streaming money-making activities for gamers and move towards launching the incentive test network for the platform. According to reports, PlayAI is a Web3 platform that rewards gamers who share game data, and the company uses this data to train AI models. PlayAI has launched a platform called Collective, where users can share their game data and profit from it. Holders of the Play Collective NFT, launched by the company today, will receive exclusive rewards.