Xterio to Launch Gaming-Oriented Blockchain in Collaboration with AltLayer, aiming for Wider Web3 Gaming Adoption

Singapore,
Singapore,
April
4th,
2024,
Chainwire

Xterio,
a
leading
Web3
gaming
publisher
and
platform,
and

AltLayer,
an
open
and
decentralized
protocol
for
launching
native
and
ZK
rollup
stacks,
have
announced
the
launch
of
a
game-focused
restaked
rollup
designed
specifically
for
Web3
games.

Xterio
is
a
Web3
gaming
ecosystem
&
infrastructure,
distinguishing
itself
as
a
gaming
publisher
with
top-notch
development
skills,
unparalleled
distribution
expertise,
and
over
$80M
raised
in
ecosystem
funding.
With
five
AAA
games
and
over
45
gaming
partners,
Xterio
has
amassed
a
gaming
community
of
over
two
million
users
worldwide
and
developed
the
most
successful
gaming
NFT
launchpad.
Co-founded
by
industry
veterans
like
Michael
Tong,
former
COO
of
NetEase
and
CSO
of
FunPlus,
and
Jeremy
Horn,
former
Vice
President
of
Jam
City,
Xterio
is
committed
to
accelerating
the
integration
of
Web3
technology
into
gaming
and
onboarding
billions
of
gamers.

The
Xterio
chain
will
be
run
and
managed
by
AltLayer.
It
will
operate
as
a
Layer
2
settling
on
Ethereum
and
utilize
the
OP
Stack
as
the
rollup
framework
with
EigenDA
as
the
Data
Availability
(DA)
layer.
Unlike
a
classical
rollup,
Xterio
chain
will
instead
take
the
form
of
a
“restaked
rollup”,
a
framework
pioneered
by
AltLayer.
As
a
restaked
rollup,
the
Xterio
chain
will
come
with
MACH
–
an
Actively
Validated
Services
(AVS)
offering
faster
finality
with
economic
security
by
leveraging
EigenLayer’s
restaking
mechanism.
The
rollup
will
focus
on
web3
and
AI-powered
games,
with
plans
to
build
an
on-chain
ecosystem
around
AAA
games
leveraging
the
$XTER
token.

In
addition
to
being
integrated
across
multiple
Xterio
titles,
the
Xterio
chain
will
act
as
the
backbone
of
the
Xterio
ecosystem,
offering
a
gateway
to
a
vibrant
gaming
ecosystem
and
empowering
players
to
effortlessly
collect,
own,
and
trade
digital
assets
in
a
safe
and
accessible
environment
and
allowing
developers
to
mint,
distribute,
and
manage
millions
of
assets
seamlessly.
The
chain,
alongside
the
comprehensive
Xterio
tech
platform,
intends
to
make
on-chain
elements
almost
invisible
thanks
to
account
abstracted
wallets,
seamless
off-chain
and
on-chain
systems,
cheap
transactions,
single-click
purchases,
flexible
payment
marketplace
and
launchpad,
and
more.
In
addition
to
facilitating
transactions,
the
Xterio
marketplace
and
NFT
launchpad
will
embrace
the
Xterio
token
as
a
versatile
payment
method,
accepted
for
both
purchases
and
gas
fees,
ensuring
a
smooth
and
convenient
user
experience. 

Looking
ahead,
the
Xterio
chain
will
open
its
doors
to
game
developers
seeking
a
sophisticated
yet
user-friendly
solution
to
power
their
creations.
Through
the
Xterio
chain,
developers
will
have
access
to
the
most
extensive
first-party
gaming
catalog
in
Web3
and
tap
into
its
over
2
million
user
base,
which
is
currently
rapidly
growing.

With
its
promise
of
easy
integration
and
cutting-edge
capabilities,
the
Xterio
chain
stands
ready
to
drive
the
future
of
gaming.

Yaoqi
Jia,
CEO
of
AltLayer,
said:
“Xterio
serves
as
a
robust,
highly
respected
platform
to
its
numerous,
highly-regarded
content
partners
in
the
gaming
space.
As
the
nature
of
gaming
evolves
and
calls
for
higher-performing
game
mechanics,
game
economics,
and
in-game
transactions
grow,
we’re
delighted
that
Xterio
has
embraced
rollups
to
strengthen
its
products’
technical
capabilities.
With
AltLayer’s
novel
restaked
rollup
product
MACH,
Xterio
will
also
enjoy
security
and
much
faster
finality
features
built
using
EigenLayer’s
restaking
mechanism
that
will
ultimately
underpin
a
better
gaming
experience
to
benefit
developers
and
players
alike.” 

Michael
Tong,
CEO
of
Xterio,
expressed:
“Through
our
collaboration
with
AltLayer,
Xterio
is
spearheading
the
development
of
a
cutting-edge
blockchain
infrastructure
to
fuel
our
Web3
gaming
titles
and
extending
its
availability
to
partners
and
collaborators.
By
harnessing
the
expansive
ETH
ecosystem
and
addressing
critical
user
concerns
like
gas
fees
and
rapid
transaction
finality,
Xterio
is
poised
to
emerge
as
a
frontrunner
in
high-quality
Web3
and
beyond.”  

Highly
regarded
for
its
on-chain
gaming
capabilities
by
industry
bigwigs,

this
Binance
Labs-backed
platform
is
now
building
out
its
game
and
technology
functions,
including
artificial
intelligence
(AI)
integration
and
token
launch.  

About
Xterio

Xterio
Foundation
in
Switzerland
was
founded
with
a
council
and
by
a
team
of
technology
and
entertainment
leaders
with
deep
game
development
and
publishing
experience.
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
commitment
simplifies
the
experience
for
developers
and
players,
facilitating
the
widespread
adoption
of
decentralized
gaming
and
digital
ownership.
Xterio,
together
with
its
partners,
operate
the
first
gaming
rollup
with
the
latest
MACH
technology
and
one
of
the
best
launchpads
for
games
and
marketplaces.
Recently,
the
Xterio
platform
has
successfully
launched
NFT
sales
in
Overworld,
Age
of
Dinos,
Persona,
Army
of
Fortune,
and
more.

The
Xterio
platform
is
developing
five
first-party
titles
powered
by
$XTER.
Each
is
led
by
genre
experts
and
supported
by
talented
teams
from
renowned
entities
like
FunPlus,
Riot,
Tencent,
and
Epic.

To
learn
more,
users
can
visit

xter.io
and
follow
along
at

@XterioGames.

About
AltLayer

Founded
in
2021,

AltLayer
is
an
open
and
decentralized
protocol
for
rollups.
AltLayer
is
known
for
its
novel
product
–
‘restaked
rollups’
–
which
supplements
existing
rollups
with
better
security,
decentralization,
fast
finality,
and
interoperability.

Built
atop
its
protocol
is
a
Rollups-as-a-Service
(RaaS)
launcher,
a
hassle-free
platform
allowing
developers
and
beginners
to
spin
up
a
customized
rollup
within
2
minutes! This
product
is
designed
for
a
multi-chain
and
a
multi-VM
world.

Together,
these
products
form
the
bedrock
of
a
modular
blockchain
ecosystem
–
home
to
hundreds
of
thousands
of
rollups
that
can
accelerate
scaling
for
any
Web3
application. They
can
help
save
considerable
capital,
reduce
years
of
development
work
for
teams,
encourage
innovation,
and
fast-track
experimentation
while
being
fully
open
and
permissionless.

Industries
spanning
the
NFT
sector,
Web3
gaming,
DeFi,
real-world
asset
tokenization,
and
others
leverage
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
its
community:

Twitter
|

Discord
|

Official
Website

Contact

Xterio
Team
[email protected]