Alethea AI raises $ 16 million in private token sales for smart NFTs for the Metaverse

Funding Rounds

Summary

Alethea AI, creator of the “smart NFTs” or iNFTs, has raised $ 16 million in a private and restricted token sale to a group of gaming and crypto investors. The company creates what it believes is the underlying AI infrastructure for iNTFs or intelligent non-fungible tokens on the way to the Metaverse, the universe of virtual worlds that are all interconnected, like in novels like Snow crash and Ready player one. The sale also attracted strategic operators such as Sandeep Nailwal, DeFi Dad, Andrew Steinwold, Meltem De Mirrors, Sid Jain, Haseeb Qureshi, Ravindra Kumar, Gabby Dizon, Jeff Morris Jr, Mike Dudas, DCInvestor, Gmoney NFT and Bitscale. Alethea believes NFTs will provide a definitive property rights infrastructure for the emerging metaverse powered by interactive and intelligent avatars. How are you going to do that Membership includes access to: • None The wonderful, instructive and funny speakers at our events • None Special interviews, chats and “Open Office” events only for members with employees of GamesBeat • None Chat with community members, GamesBeat staff and other guests on our Discord • None And maybe even a fun prize or two

$ Funding

$
Amount $16.0M Total raised
Date August 24, 2021 Announcement date
Investors - Lead investors
Company http://www.alethea.ai Funded company

Classifications

industries
Entertainment
applications
AI & Machine learning

AskAI Classifications

Labels
Artificial Intelligence Software development SaaS

Linked Companies

Alethea AI
$1M to $5M