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Singapore, Singapore, April 4th, 2024, Chainwire
Xterio, a number one Web3 gaming writer and platform, and AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, have introduced the launch of a game-focused restaked rollup designed particularly for Web3 video games.
Xterio is a Web3 gaming ecosystem & infrastructure, distinguishing itself as a gaming writer with top-notch growth expertise, unparalleled distribution experience, and over $80M raised in ecosystem funding. With 5 AAA video games and over 45 gaming companions, Xterio has amassed a gaming group of over two million customers worldwide and developed essentially the most profitable gaming NFT launchpad. Co-founded by trade veterans like Michael Tong, former COO of NetEase (NASDAQ:) and CSO of FunPlus, and Jeremy Horn, former Vice President of Jam Metropolis, Xterio is dedicated to accelerating the mixing of Web3 expertise into gaming and onboarding billions of players.
The Xterio chain shall be run and managed by AltLayer. It should function as a Layer 2 selecting and make the most of the OP Stack because the rollup framework with EigenDA because the Information Availability (DA) layer. Not like a classical rollup, Xterio chain will as a substitute take the type of a “restaked rollup”, a framework pioneered by AltLayer. As a restaked rollup, the Xterio chain will include MACH – an Actively Validated Companies (AVS) providing quicker finality with financial safety by leveraging EigenLayer’s restaking mechanism. The rollup will give attention to web3 and AI-powered video games, with plans to construct an on-chain ecosystem round AAA video games leveraging the $XTER token.
Along with being built-in throughout a number of Xterio titles, the Xterio chain will act because the spine of the Xterio ecosystem, providing a gateway to a vibrant gaming ecosystem and empowering gamers to effortlessly acquire, personal, and commerce digital property in a secure and accessible setting and permitting builders to mint, distribute, and handle hundreds of thousands of property seamlessly. The chain, alongside the great Xterio tech platform, intends to make on-chain parts nearly invisible due to account abstracted wallets, seamless off-chain and on-chain methods, low-cost transactions, single-click purchases, versatile fee market and launchpad, and extra. Along with facilitating transactions, the Xterio market and NFT launchpad will embrace the Xterio token as a flexible fee methodology, accepted for each purchases and gasoline charges, making certain a easy and handy person expertise.
Wanting forward, the Xterio chain will open its doorways to sport builders searching for a classy but user-friendly answer to energy their creations. By means of the Xterio chain, builders could have entry to essentially the most in depth first-party gaming catalog in Web3 and faucet into its over 2 million person base, which is at the moment quickly rising.
With its promise of straightforward integration and cutting-edge capabilities, the Xterio chain stands able to drive the way forward for gaming.
Yaoqi Jia, CEO of AltLayer, stated: “Xterio serves as a strong, extremely revered platform to its quite a few, highly-regarded content material companions within the gaming house. As the character of gaming evolves and requires higher-performing sport mechanics, sport economics, and in-game transactions develop, we’re delighted that Xterio has embraced rollups to strengthen its merchandise’ technical capabilities. With AltLayer’s novel restaked rollup product MACH, Xterio will even get pleasure from safety and far quicker finality options constructed utilizing EigenLayer’s restaking mechanism that can in the end underpin a greater gaming expertise to learn builders and gamers alike.”
Michael Tong, CEO of Xterio, expressed: “By means of our collaboration with AltLayer, Xterio is spearheading the event of a cutting-edge blockchain infrastructure to gasoline our Web3 gaming titles and increasing its availability to companions and collaborators. By harnessing the expansive ETH ecosystem and addressing essential person issues like gasoline charges and speedy transaction finality, Xterio is poised to emerge as a frontrunner in high-quality Web3 and past.”
Extremely regarded for its on-chain gaming capabilities by trade bigwigs, this Binance Labs-backed platform is now constructing out its sport and expertise features, together with synthetic intelligence (AI) integration and token launch.
About Xterio
Xterio Basis in Switzerland was based with a council and by a crew of expertise and leisure leaders with deep sport growth and publishing expertise. Its mission is to develop, publish, and distribute high-quality Web2 and Web3 video games and interactive leisure.
Xterio is dedicated to accelerating the mixing of Web3 expertise into gaming and AI. This dedication simplifies the expertise for builders and gamers, facilitating the widespread adoption of decentralized gaming and digital possession. Xterio, along with its companions, function the primary gaming rollup with the most recent MACH expertise and probably the greatest launchpads for video games and marketplaces. Lately, the Xterio platform has efficiently launched NFT gross sales in Overworld, Age of Dinos, Persona, Military of Fortune, and extra.
The Xterio platform is creating 5 first-party titles powered by $XTER. Every is led by style consultants and supported by gifted groups from famend entities like FunPlus, Riot, Tencent, and Epic.
To study extra, customers can go to xter.io and observe alongside at @XterioGames.
About AltLayer
Based in 2021, AltLayer is an open and decentralized protocol for rollups. AltLayer is thought for its novel product – ‘restaked rollups’ – which dietary supplements present rollups with higher safety, decentralization, quick finality, and interoperability.
Constructed atop its protocol is a Rollups-as-a-Service (RaaS) launcher, a hassle-free platform permitting builders and newcomers to spin up a personalized rollup inside 2 minutes! This product is designed for a multi-chain and a multi-VM world.
Collectively, these merchandise type the bedrock of a modular blockchain ecosystem – dwelling to tons of of hundreds of rollups that may speed up scaling for any Web3 software. They can assist save appreciable capital, cut back years of growth work for groups, encourage innovation, and fast-track experimentation whereas being totally open and permissionless.
Industries spanning the NFT sector, Web3 gaming, DeFi, real-world asset tokenization, and others leverage these rollups to scale their functions. AltLayer helps main stacks, different DA layers, and shared sequencers, together with OP Stack, Arbitrum Orbit, Polygon CDK, ZK-rollup, Celestia, EigenDA, Avail, Espresso, and extra.
Alter invitations customers to affix its group: Twitter | Discord | Official Web site
ContactXterio Workforcepress@xter.io
This text was initially revealed on Chainwire