Unikrn co-founder Rahul Sood raises $5 million for game studio Irreverent Labs
His Seattle-based company Irreverent Labs has brought in $5 million in funding for its premise of building games with unique AI characters.
Irreverent’s investment round was led by Andreessen Horowitz (a16z), along with follow-on funding from Keen Crypto, Unlock Ventures, The Chainsmokers’ Mantis fund, and more.
While in its nascent stages at the moment, Irreverent Labs’ longer-term goal is to set up its own play-to-earn title with NFTs and intelligent AI characters – enhancing complexity and replayability for players.
The team said that its mission is to create 100-year entertainment experiences on blockchain; a complex metaverse that remains fresh.
When it comes to blockchain games, there have been plenty of projects, fewer that have taken on this approach towards in-game AI. But, with emerging technologies like Open-AI’s GPT-3, the door is opening wider for the intersection of blockchain and sophisticated AI.
In a statement by Andreessen Horowitz’s General Partner, Adrianna Simpson argued that the combination of a bullish blockchain market and Rahul’s personal track record of business success made it an easy call for them.
“Rahul and team have a long track record of innovation in gaming and blockchain technologies, and we’re looking forward to having fun with their creations.”
Find out more about Irreverent Labs by visiting the website.