Hyve Labs, a startup focused on decentralized gaming, has just announced the successful fundraising of $2.75 million in a pre-seed funding round.
The funding was led by Framework Ventures with support from Volt Capital, Builder Capital, and 32 Bit Ventures. This step marks Hyve Labs’ big ambition to redefine the gaming experience through the integration of Web3 and AI technologies.
Check out the full news below!
Gaming Transformation: Hyve Labs’ Big Vision
As reported by Coinspeaker, Hyve Labs is leveraging advanced blockchain technology, including EigenDA, to create a decentralized rollup gaming ecosystem.
This technology not only supports game development but also enables integration with popular social platforms such as Telegram, Discord, and Farcaster. The goal is to create a gaming experience that is not only fun but also provides deep social interaction.
According to Lucas Fulks, CEO and Co-Founder of Hyve Labs, the support from renowned investors such as Framework and Volt Capital is a major driver in bringing their vision closer to realization.
“With the incredible support from investors, this funding brings us closer to revolutionizing the gaming landscape,” said Lucas.
This funding will be used to expand the team, strengthen the infrastructure, and launch the testnet chain and the first game equipped with blockchain-based assets.
Gaming with a Touch of AI: A New Era of Interactive Experiences
We’re excited to announce that Hyve Labs has raised $2.75M in pre-seed funding from leading investors: @hiframework, @VoltCapital, @BuilderVC, @32BitVentures.
Hyve is a gaming ecosystem that prioritizes fun and engagement for players while empowering developers and builders to innovate without constraints.
We’re forging the future of play, and this is just the beginning.
Hyve Labs places AI at the heart of its development strategy, aiming to deliver smarter and more adaptive gaming experiences.
In a statement, the company underlined that AI is not just a trend but a key element that will transform the industry. AI is used to optimize the development process, enhance player experience, and accelerate response to market demand.
Hyve Labs also adopts a “Casual+” approach to appeal to a wider audience. This approach creates a simple yet engaging gaming experience, going beyond the traditional boundaries of Web3-based games.
New Standards for Decentralized Social Gaming
Hyve Labs is not just about creating games, but also building an ecosystem that empowers players and developers.
With an approach focused on seamless distribution and easy onboarding, Hyve Labs aims to democratize access to Web3-based gaming experiences.
In the near future, the company plans to launch a testnet chain, its first games, and other on-chain assets. The ultimate goal is to create a deeper connection between players and developers, making gaming an inclusive and innovative social experience.
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