A $32 million seed round for Chris DeWolfes next gaming biz defies 2023 trends

News Summary

  • )Beyond being launched by seasoned founders, PLAI (pronounced /plā/) is also apparently weaving every buzzy trend into one offering, describing its own mission as leveraging “web3 and generative AI technology to offer the ultimate online social experience.”Crypto?
  • (Indeed, Jam City, which claims to have 30 million monthly active users, announced this morning that a third cofounder, Josh Yguado, is now running the show after serving as the company’s COO and president previously.
  • A $32 million seed round may seem like a throwback to frothier times like .
  • Where do I write the check, is the question the a16z team must have been asking.For what it’s worth, PLAI’s first offering sounds compelling.
  • A new social platform?
  • Check.
A $32 million seed round may seem like a throwback to frothier times like . . .2021. But thats how much PLAI Labs just raised in a deal led by Andreessen Horowitz (a16z).It a lot of moolah in a vo [+3164 chars]