PlayAI, a trailblazing web3 artificial intelligence gaming firm, has emerged from stealth mode and announced a substantial $4.3 million in seed funding, propelling its total valuation to a staggering $70 million. This significant investment has been made possible through the support of esteemed investors, including P2 Ventures, Jump Crypto, Alphawave, Zentry, MH Ventures, Tykhe Block Ventures, and angel investors who have previously backed PlayAI.

With this fresh financing, PlayAI plans to expand its team and launch innovative stream-to-earn campaigns for gamers, marking a significant milestone in its journey. The firm is also gearing up to launch the incentivized testnet of its platform, which promises to revolutionize the gaming industry. PlayAI's pioneering web3 platform offers rewards to gamers who share their gaming data, which is then utilized to train AI models, paving the way for a new era in gaming.

According to PlayAI CEO Ramees, "Artificial intelligence is the future of gaming and virtual worlds, but the cost and complexity of development have long been a major roadblock to adoption. By making it incentivized, simple, and secure to deploy, we are ushering in a new chapter for gaming, where any developer can easily add AI elements like non-player character agents, auto-generated worlds, automated dialogues, and story trees — either by selecting from a range of pre-trained models or by putting out a request to the network."

PlayAI has also launched a platform called Collective, where users can share and earn from their gameplay data. In a move that is set to excite gamers and investors alike, holders of the firm's Play Collective NFT, launching today, will receive exclusive rewards, further enhancing the gaming experience.

This significant investment and the launch of PlayAI's platform and NFT mark a turning point in the gaming industry, as web3 AI technology is poised to transform the landscape of gaming and virtual worlds. With PlayAI at the forefront of this revolution, the future of gaming looks brighter than ever, promising a new era of innovation, creativity, and excitement for gamers and developers alike.