Singapore, Singapore, April 4, 2024, Chainwire
exterior, a leading Web3 game publisher and platform, and ortho layer, an open and decentralized protocol for launching native and ZK rollup stacks, announced the launch of game-focused re-staking rollups designed specifically for Web3 games.
Xterio is a Web3 games ecosystem and infrastructure that has established itself as a game publisher with top-notch development skills, unparalleled distribution expertise, and more than $80 million in ecosystem funding. With five AAA games and over 45 gaming partners around the world, his Xterio has amassed a gaming community of over 2 million users and developed the most successful gaming NFT launchpad. Co-founded by industry veterans such as Michael Tong, former COO of NetEase and his CSO of FunPlus, and Jeremy Horn, former VP of Jam City, Xterio is focused on the integration of Web3 technology into games and numbers. We’re committed to accelerating onboarding for a billion gamers.
Xterio chains are executed and managed by AltLayer. It operates as layer 2 on top of Ethereum and leverages the OP stack as a rollup framework with EigenDA as the data availability (DA) layer. Unlike traditional rollups, Xterio Chains instead takes the form of “restake rollups,” a framework developed by AltLayer. As a re-staked rollup, the Xterio chain comes with MACH. MACH is an Actively Validated Services (AVS) that provides faster finality with financial security by leveraging EigenLayer’s restaking mechanism. This rollup focuses on Web3 and AI-powered games, with plans to leverage $XTER tokens to build an on-chain ecosystem around AAA games.
In addition to integrating across multiple Xterio titles, Xterio Chain serves as the backbone of the Xterio ecosystem, providing a gateway to a vibrant gaming ecosystem and allowing players to play digital games in a safe and accessible environment. Make it easy to collect, own, and trade assets. Enabling developers to seamlessly create, distribute, and manage millions of assets. The chain boasts an account abstraction wallet, seamless off-chain and on-chain systems, cheap transactions, single-click purchasing, and a flexible payment marketplace and launchpad, alongside the comprehensive Xterio technology platform. We aim to make on-chain elements almost invisible. more. In addition to facilitating transactions, the Xterio Marketplace and NFT Launchpad employs Xterio tokens as a versatile payment method accepted for both purchases and gas fees, ensuring a smooth and convenient user experience .
Going forward, the Xterio chain will open its doors to game developers looking for elegant and user-friendly solutions to enhance their creations. Through the Xterio Chain, developers will have access to his Web3’s most extensive first-party game catalog and will be able to take advantage of his currently rapidly growing user base of over 2 million people.
Promising easy integration and cutting-edge features, Xterio Chain is ready to power the future of gaming.
Yaoqi Jia, CEO of AltLayer, said: “Xterio serves as a robust and well-regarded platform for many highly regarded content partners in the gaming space. With the new AltLayer re-staking rollup product MACH, Xterio is pleased to have adopted rollups to strengthen the technical capabilities of its products. They will also enjoy the security and much faster finality features built using the staking mechanism, ultimately supporting a better gaming experience and benefiting both developers and players.”
Michael Tong, CEO of Xterio, said: “Through our collaboration with AltLayer, Xterio is leading the development of a cutting-edge blockchain infrastructure to power Web3 game titles and expanding its availability to our partners and collaborators. The vast ETH ecosystem By leveraging this and addressing key user concerns such as gas fees and fast transaction finality, Xterio is poised to emerge as a frontrunner for high-quality Web3 and beyond.”
On-chain gaming capabilities are highly praised by industry heavyweights. This Binance Labs supported platform is currently building gaming and technology capabilities, including artificial intelligence (AI) integration and token activation.
About exterior
exterior The Swiss foundation was founded by a council and a team of technology and entertainment leaders with deep experience in game development and publishing. Its mission is to develop, publish and distribute high-quality Web2 and Web3 games and interactive entertainment.
Xterio is committed to accelerating the integration of Web3 technology into gaming and AI. This effort will simplify the experience for developers and players and facilitate widespread adoption of decentralized gaming and digital ownership. Xterio is working with partners to run the first game rollup using the latest in his MACH technology and his one of the best launch pads in gaming and the marketplace. Recently, the Xterio platform has successfully launched NFT sales in Overworld, Age of Dinos, Persona, Army of Fortune, and more.
The Xterio platform has developed five first-party titles powered by $XTER. Each project is led by a genre expert and supported by a talented team from well-known companies such as FunPlus, Riot, Tencent, and Epic.
For more information, users can visit: xter.io and please follow @XterioGames.
About AltLayer
Founded in 2021, ortho layer is an open and decentralized protocol for rollups. AltLayer is known for its innovative products – ‘retake rollup‘ – Complements existing rollups with better security, decentralization, fast finality, and interoperability.
Built on top of that protocol is a Rollups-as-a-Service (RaaS) launcher. It is a hassle-free platform that allows developers and beginners to launch their customized rollups within 2 minutes. This product is designed for a multi-chain and multi-VM world.
Together, these products form the foundation of a modular blockchain ecosystem and are home to hundreds of thousands of rollups that can accelerate the scaling of any Web3 application. They help save considerable capital, reduce years of development work for teams, foster innovation, and expedite experimentation while being completely open and permissionless.
Industries such as the NFT sector, Web3 gaming, DeFi, and real-world asset tokenization are leveraging these rollups to scale their applications. AltLayer supports major stacks, alternative DA layers, and shared sequencers, including OP Stack, Arbitrum Orbit, Polygon CDK, ZK-rollup, Celestia, EigenDA, Avail, Espresso, and more.
Alter invites users to join the community. twitter | discord | Official website
contact
exterior team
press@xter.io
Source: the-blockchain.com
