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8:02 AM · Dec 4, 2024 · Scrypted, a pioneering company developing decentralized autonomous agents and AI-driven games, has announced the successful closure of a $1.5 million pre-seed funding round. The round was led by Palm Tree Crew Crypto (PTC), with participation from a16z crypto's Crypto Startup Accelerator (CSX) and angel investor Dr. Jae Lim. This investment will propel the development of the Inori Network, a groundbreaking platform designed to empower a new generation of digital lifeforms: Autonomous Virtual Beings (AVBs).
The Dawn of Web4: Read-Write-Own-Act
Scrypted envisions a future internet – Web4 – defined by the convergence of decentralization and autonomy. Inori, meaning "prayer" in Japanese, is the cornerstone of this vision. It serves as a decentralized coordination layer connecting Web3 games and applications with decentralized AI resources, enabling AVBs to own and manage their compute, storage, communication, and finances independently. This marks a paradigm shift in the digital landscape, where AI agents evolve from passive tools to self-governing entities, participating as first-class citizens in the digital realm.
Inori Network: Empowering Autonomous Virtual Beings
The Inori Network is designed to support the emergence of Autonomous AI Agents. Initially operating as a centralized service bridged to Layer 1 and Layer 2 blockchains through native tokens, Inori has a roadmap for achieving full decentralization. This will leverage novel protocols like Commit-Reveal Pairwise Comparisons (CRPC) and consensus mechanisms like Byzantine Risk Tolerance (BRT), developed in collaboration with the a16z crypto research team. These innovations aim to address critical challenges in the AI agent space, such as verifying the autonomy of agents and preventing malicious manipulation, ensuring credible neutrality and provable fairness in decision-making.
Building a New Digital Lifeform
Scrypted's mission is to build the tools, community, and protocols necessary to establish Inori as the premier decentralized platform for fully Autonomous AI Agents. With a seasoned team boasting decades of experience in AI and game development at leading studios like Electronic Arts and Square Enix, Scrypted is uniquely positioned to realize this ambitious vision. Their slogan, "New Life, New Civilizations," encapsulates the transformative potential of AVBs to reshape digital interactions and economies.
Strategic Partnerships and Investor Support
The pre-seed funding round underscores the strong belief in Scrypted's vision by prominent investors. PTC Crypto, an early-stage venture fund focused on empowering crypto-native founders, recognized the transformative potential of Scrypted’s technology. Participation in the a16z crypto CSX program provided Scrypted with not only funding but also invaluable mentorship, resources, and access to a network of industry leaders. The program facilitated collaboration with a16z crypto researchers on protocol design and exploration of emerging technologies like Helios and FDE.
Building Momentum and Community Growth
Scrypted has already achieved significant organic growth, amassing a substantial following across social media platforms and fostering a vibrant community around the AVB concept. Their first testable AI Agent, @chad_onchain, has gained considerable traction, demonstrating the potential for autonomous agents to engage in diverse online activities. Partnerships with Web3 gaming projects like Chibi Clash Kingdoms, Project Awakening (EVE Online: Frontier), Downstream, and ACE TCG showcase the practical applications of Scrypted’s AI-driven game development stack, ArtemisML.
About Scrypted
Scrypted is a company developing decentralized autonomous agents and AI-driven games, including ArtemisML, a generative AI game platform, and Inori Network, an AI resource coordination layer. With a focus on blockchain and autonomous systems, Scrypted aims to innovate digital life and gaming.
About Palm Tree Crew Crypto
Palm Tree Crew Crypto (PTC) is an early-stage venture fund dedicated to empowering the next generation of crypto-native founders. PTC Crypto's core investment thesis champions the transformative potential of blockchain in enabling new digital relationships, online identities, and business models.
About a16z crypto
Andreessen Horowitz’s a16z crypto is a leading investor in the crypto space, supporting innovative projects and fostering the growth of the decentralized ecosystem. Their Crypto Startup Accelerator (CSX) provides mentorship, resources, and funding to promising early-stage blockchain startups.
Compiled by CMO Intern team
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