Hyve Labs Secures $2.75 Million in Pre-Seed Funding for Gaming Innovation
Hyve Labs Raises $2.75 Million in Pre-Seed Funding
- Hyve Labs secured $2.75 million in a pre-seed funding round led by Framework Ventures, with support from Volt Capital, Builder Capital, and 32 Bit Ventures.
- The funding aims to enhance Hyve's team and infrastructure for its gaming ecosystem powered by decentralized technologies like EigenDA.
- CEO Lucas Fulks highlighted the importance of investor backing in reshaping the gaming landscape.
Testnet Chain Launch and Gaming Ecosystem Development
- Hyve Labs plans to launch a testnet chain and its first game, focusing on seamless onboarding and distribution in the gaming space.
- The company seeks to enhance player-developer interactions through advanced blockchain technology.
- Emphasis on democratizing gaming and creating immersive experiences for players is central to their mission.
Integration of AI in Gaming
- Hyve Labs considers artificial intelligence crucial for optimizing development workflows and enhancing gamer experiences.
- The firm promotes a "faster, smoother, and web-first" approach, moving beyond traditional Web3 gaming concepts.
- Efforts align with increasing interest in decentralized gaming platforms and innovations in the space.