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ArenaX Labs is a company developing AI Arena, a player-versus-player game platform. The company was founded in 2021, and its stated goal is to bring artificial intelligence (AI) to the masses.
ArenaX Labs' flagship product is its platform AI Arena, a Web3 gaming platform. Along with the platform, there are non-fungible tokens (NFTs) and a digital token that will accompany the game. AI Arena is set to be launched in early 2023, but as of January 15th, the game's website is still in dark mode and cannot be accessed.
According to sources, AI Arena is an Ethereum native game (dApp) and is intended to be used by AI researchers and gamers to develop their own NFTs for a fighting game. Gamers can purchase their NFTs and then train them for battle using imitation learning where the character learns to fight by copying the gamer. The gamer can then enter their NFT into the arena when they feel it is ready. Once the fight begins, the NFT fights autonomously based on what it has learned from the gamer. The winner of the fight is the NFT that knocks their opponent off the platform first. Winners receive a reward in the form of the platform's native token, Neurons ($NRN).