Unconfirmed AI integration, AI Arena will launch NRN tokens on major exchanges

Earlier this year, AI Arena engaged 8,000 users to play its unique fighting game, built on the Ethereum Layer 2 scaling network Arbitrum. During the pre-release phase, users had the opportunity to earn potential token rewards and participate in activities centered around social media influencers. Now, these rewards are about to be distributed.

AI Arena's token, NRN, will be listed on exchanges such as BYBIT and GATE.io on June 24, 2024, at 16:00 (UTC+8).

• Token Symbol: NRN
• Official Website: https://aiarena.io/
• Contract Address: https://arbiscan.io/token/0xdadeca1167fe47499e53eb50f261103630974905
• Claim Website Opening Time: June 24, 2024, at 15:00 (UTC+7)
• CEX Listing Time: June 24, 2024, at 16:00 (UTC+8)

$NRN token will go live 06.24.2024

Claim Site Open: 7:00 am UTC
CEX Listing: 8:00 am UTC

Listing partners to be announced

Thank you to everyone who has been with us and believed in something.$NRN is AI gaming. Believe in the journey ahead. pic.twitter.com/gwonlVmKSQ
— AI ARENA | ʌı (@aiarena_) June 21, 2024
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Coinlive does not recommend users to invest in NRN

Coinlive advises against investing in NRN, listing two primary risks:

• Limited Public Information: One key issue is the lack of comprehensive and transparent information regarding the project roadmap, team credentials, and detailed use cases for the NRN token. This opacity can lead to uncertainty and increase risk for potential investors.
• Unproven AI Integration: While AI Arena claims to integrate AI into its ecosystem, there is insufficient evidence of successful implementation and practical application. Without substantial proof of technical feasibility, these claims remain speculative. Investors should exercise caution with projects that have not yet demonstrated their technical viability.

Given these points, potential investors are advised to act cautiously and conduct thorough due diligence before considering investing in AI Arena's NRN token. Diversifying investments and seeking advice from financial professionals can help mitigate some of these risks.

What is AI Arena

AI Arena is a PVP fighting game developed by ArenaX Labs. In the game, players can evolve their characters through AI learning, with a combat style similar to Nintendo's Smash Bros. It combines gaming, NFTs (intellectual property), and AI algorithms, providing a new gaming experience while protecting and monetizing AI practitioners' intellectual property. The long-term vision is to create a bilateral market that meets the needs of both buyers and sellers of artificial intelligence.

In the future, AI Arena plans to release a version that requires an NFT access pass to play. This version will serve as an elite proving ground for top players, as the developers see significant eSports potential in this unique AI-driven fighting gameplay.

AI Arena Financing Status

Seed Round: On October 28, 2021, AI Arena completed a $5 million seed funding round, led by Paradigm with participation from Framework.

Series A Round: On January 9, 2023, AI Arena raised $6 million in a Series A funding round. This round was led by Framework Ventures, with investments from SevenX Ventures, FunPlus/Xterio, and Moore Strategic Ventures. Framework co-founder Michael Anderson stated, “At this stage, most consumers still see artificial intelligence as a novelty, and they might engage with it on a very superficial level. The ArenaX team is changing this narrative by creating products that encourage ordinary people to interact with AI through the language of gaming and start learning to train AI.”

AI Arena Partnerships

AI Arena has joined the AI Gaming Alliance of the Nim Network. Nim Network, the first RollApp launched on Dymension, is an adaptive blockchain designed to provide the ultimate ecosystem for exploring and developing games at the intersection of Web3 and AI. This partnership promotes further development in AI education and communication, as well as gaming entertainment.