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 improvement abilities, 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 neighborhood of over two million customers worldwide and developed probably 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 know-how into gaming and onboarding billions of avid gamers.
The Xterio chain will likely 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 an alternative 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 sooner 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 accumulate, personal, and commerce digital belongings in a protected and accessible setting and permitting builders to mint, distribute, and handle thousands and thousands of belongings seamlessly. The chain, alongside the excellent Xterio tech platform, intends to make on-chain components virtually invisible due to account abstracted wallets, seamless off-chain and on-chain programs, low-cost transactions, single-click purchases, versatile cost market and launchpad, and extra. Along with facilitating transactions, the Xterio market and NFT launchpad will embrace the Xterio token as a flexible cost methodology, accepted for each purchases and fuel charges, guaranteeing a easy and handy consumer expertise.
Wanting forward, the Xterio chain will open its doorways to recreation builders looking for a classy but user-friendly resolution to energy their creations. By the Xterio chain, builders could have entry to probably the most intensive first-party gaming catalog in Web3 and faucet into its over 2 million consumer base, which is at the moment quickly rising.
With its promise of simple 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 recreation mechanics, recreation 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 sooner finality options constructed utilizing EigenLayer’s restaking mechanism that may in the end underpin a greater gaming expertise to profit builders and gamers alike.”
Michael Tong, CEO of Xterio, expressed: “By 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 consumer issues like fuel charges and fast 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 recreation and know-how features, together with synthetic intelligence (AI) integration and token launch.
About Xterio
Xterio Basis in Switzerland was based with a council and by a workforce of know-how and leisure leaders with deep recreation improvement 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 know-how 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 newest MACH know-how and the most effective launchpads for video games and marketplaces. Not too long ago, 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 specialists and supported by gifted groups from famend entities like FunPlus, Riot, Tencent, and Epic.
To be taught 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 understood for its novel product – ‘restaked rollups’ – which dietary supplements current 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 inexperienced persons to spin up a custom-made 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 – residence to lots of of hundreds of rollups that may speed up scaling for any Web3 utility. They may also help save appreciable capital, scale back years of improvement work for groups, encourage innovation, and fast-track experimentation whereas being absolutely open and permissionless.
Industries spanning the NFT sector, Web3 gaming, DeFi, real-world asset tokenization, and others leverage these rollups to scale their purposes. AltLayer helps main stacks, various 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 hitch its neighborhood: Twitter | Discord | Official Web site
ContactXterio Workforcepress@xter.io
This text was initially revealed on Chainwire
