Singapore, Singapore, April 4th, 2024, Chainwire

A leading Web3 gaming publisher and platform, Xterio, is collaborating with AltLayer, an open and decentralized protocol for launching native and ZK rollup stacks, to introduce a game-focused restaked rollup specially designed for Web3 games.

Xterio stands out in the Web3 gaming ecosystem as a publisher with strong development skills, vast distribution expertise, and significant ecosystem funding. With a gaming community of over two million users globally, five AAA games, and more than 45 gaming partners, Xterio aims to integrate Web3 technology into gaming and attract billions of gamers. The Xterio chain will be managed by AltLayer as a Layer 2 settling on Ethereum, using the OP Stack as the rollup framework with EigenDA as the Data Availability (DA) layer. This implementation marks a departure from the typical rollup model to a "restaked rollup" framework that brings faster finality through EigenLayer's restaking mechanism.

The Xterio chain is primarily focused on web3 and AI-powered games, with plans to establish an on-chain ecosystem around AAA games utilizing the $XTER token. Besides integration with multiple titles, the Xterio chain will serve as the backbone of the Xterio ecosystem, providing a gateway to a vibrant gaming environment where players can easily collect, own, and trade digital assets. Moreover, developers will have the ability to mint, distribute, and manage millions of assets seamlessly. The Xterio tech platform aims to simplify on-chain processes with features like account abstracted wallets, cost-effective transactions, and a flexible payment marketplace. The Xterio marketplace and NFT launchpad will also accept the Xterio token as a versatile payment method, ensuring a streamlined user experience.

Looking into the future, the Xterio chain will offer game developers a sophisticated yet user-friendly solution to power their creations. Developers can access the extensive first-party gaming catalog in Web3 and tap into the growing user base of over 2 million users through the Xterio chain.

AltLayer's CEO, Yaoqi Jia, highlighted Xterio's robust platform and emphasized that the collaboration will strengthen Xterio's technical capabilities for an enhanced gaming experience. On the other hand, Xterio's CEO, Michael Tong, noted that the development of a cutting-edge blockchain infrastructure in collaboration with AltLayer positions Xterio as a leader in high-quality Web3 gaming.

Recognized for its on-chain gaming capabilities, Xterio is expanding its game and technology functions with features like AI integration and token launch. The platform has successfully launched NFT sales in various titles like Overworld, Age of Dinos, Persona, and Army of Fortune.

About Xterio

Founded in Switzerland by a team of technology and entertainment leaders, Xterio aims to develop, publish, and distribute high-quality Web2 and Web3 games and interactive entertainment. The platform is dedicated to integrating Web3 technology into gaming and AI, making decentralized gaming and digital ownership more accessible.

About AltLayer

Established in 2021, AltLayer is an open and decentralized protocol for rollups, offering innovative products like 'restaked rollups' for enhanced security, fast finality, and interoperability. The platform provides a Rollups-as-a-Service (RaaS) launcher for developers to set up customized rollups quickly. AltLayer's products serve as the foundation for a modular blockchain ecosystem supporting a multitude of Web3 applications.

For additional updates, users can visit the Xterio website and follow the platform on Twitter.

Contact

Xterio Team
[email protected]

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