ArenaX Labs Raises $6M to Fund AI Powered Games
ArenaX Labs secured $6 million for its AI powered games like AI Arena, an innovative AI-powered character game that will launch on Arbitrum mainnet.
The Deets
- Funding led by Framework Ventures
- AI Arena: Players train AI characters for PVP battles
- No coding skills required, free to play
- Beta launch on Arbitrum mainnet in early 2024
The Bulk
ArenaX Labs successfully raised $6 million in funding led by Framework Ventures with participation from Xterio and others.
The investment is set to propel the development of AI Arena, a game in which human players collect and train AI-powered characters. These characters, unique in their abilities and strategies, engage in player-versus-player (PVP) battles, reminiscent of popular games like Super Smash Bros.
AI Arena also allows players to train their characters, who then fight autonomously in battles. This approach offers a hands-on learning experience about AI, but no coding or sophisticated technical skills are required. The game is set to be free to play, with a web3 version offering competitive rewards for players.
🎤 Founder Feedback
AI Arena marks a major advance in the fusion between technology and education: an innovative way for people without advanced technical expertise to learn about AI – and to have fun doing so.Brandon Da Silva, CEO of ArenaX Labs
🔜 What's Next?
The beta launch scheduled on the Arbitrum mainnet in early 2024.
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