Paradigm Leads $5M Seed Round for Play-to-Earn Game AI Arena

Paradigm Leads M Seed Round for Play-to-Earn Game AI Arena
ArenaX Labs has closed a $5 million seed funding round led by Paradigm with participation from Framework. The funds will help accelerate the development of AI Arena, an Ethereum-native player vs. player fighting game where the characters are powered by artificial intelligence (AI).AI Arena players own their own fighters that contain typical non-fungible token (NFT) attributes such as power, speed and accuracy. The fighters are also embedded with an artificial neural network, enabling them to operate autonomously.“You have this autonomous AI that can compete with other autonomous AI around the world. The goal is to train [the fighter] to get…