Xterio and AltLayer Unite to Unveil Game-Focused Restaked Rollup for Web3 Gaming Revolution

Web3 gaming publisher and platform Xterio, and rollup protocol AltLayer, have collaborated to launch a game-focused restaked rollup for Web3 games. The Xterio chain will utilize AltLayer's MACH framework, leveraging Ethereum as a Layer 2 settling and EigenDA as the Data Availability layer. This restaked rollup will enhance economic security, drive faster finality, and focus on Web3 and AI-powered games, building an ecosystem around AAA titles with the $XTER token.

Xterio and AltLayer Collaborate to Launch Game-Focused Restaked Rollup for Web3 Gaming

Singapore, Singapore - April 4th, 2024

Leading Web3 gaming publisher and platform Xterio 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: A Pioneer in Web3 Gaming

Xterio stands as a top player in the Web3 gaming ecosystem, distinguished by its unparalleled development skills, distribution expertise, and substantial ecosystem funding. With five AAA games and over 45 gaming partners under its wing, Xterio has amassed a global gaming community of over two million users and developed the industry's most successful gaming NFT launchpad. Its co-founders, industry veterans Michael Tong and Jeremy Horn, are dedicated to bridging the gap between Web3 technology and gaming, bringing billions of gamers into the fold.

The Xterio Chain: A Game-Changing Rollup

The Xterio chain will be managed and operated by AltLayer, operating as a Layer 2 settlement on Ethereum and utilizing the OP Stack as the rollup framework with EigenDA as the Data Availability (DA) layer. Unlike traditional rollups, the Xterio chain will adopt a "restaked rollup" model, a framework pioneered by AltLayer. As a restaked rollup, the Xterio chain incorporates MACH, an Actively Validated Services (AVS) system, providing faster finality and economic security through EigenLayer's restaking mechanism. The rollup will prioritize web3 and AI-powered games, fostering an on-chain ecosystem around AAA games powered by the $XTER token.

Empowering Players and Developers

Beyond its integration across multiple Xterio titles, the Xterio chain will serve as the backbone of the Xterio ecosystem, connecting players to a vibrant gaming environment. It will empower players to effortlessly collect, own, and trade digital assets in a secure and accessible manner, while enabling developers to seamlessly mint, distribute, and manage millions of assets. The chain, coupled with the comprehensive Xterio tech platform, aims to render on-chain elements virtually invisible, offering account abstracted wallets, seamless off-chain and on-chain systems, low-cost transactions, single-click purchases, a flexible payment marketplace, and a launchpad. The Xterio marketplace and NFT launchpad will leverage the $XTER token as a versatile payment method, accepted for both purchases and gas fees, ensuring a frictionless user experience.

Driving Innovation in Gaming

The Xterio chain will open its doors to game developers seeking an advanced yet user-friendly solution to enhance their creations. It will provide access to the most extensive first-party gaming catalog in Web3 and a rapidly growing user base exceeding two million, empowering developers to integrate Web3 elements and revolutionize in-game mechanics, economics, and transactions.

Quotes from Key Executives

Yaoqi Jia, CEO of AltLayer, stated, "Xterio's established platform and respected content partners position it as an ideal candidate for embracing rollups to strengthen its product capabilities. AltLayer's innovative MACH restaked rollup product will provide Xterio with enhanced security and accelerated finality, fostering a superior gaming experience for both developers and players."

Michael Tong, CEO of Xterio, expressed, "Our collaboration with AltLayer will spearhead the development of advanced blockchain infrastructure, underpinning our Web3 gaming titles and extending its reach to partners and collaborators. By harnessing the vast ETH ecosystem and addressing critical concerns such as gas fees and transaction finality, Xterio is positioned to become a frontrunner in premium Web3 and beyond."

About Xterio

Based in Switzerland, Xterio Foundation was established by a team of technology and entertainment leaders with extensive experience in game development and publishing. Its mission is to develop, publish, and distribute high-quality Web2 and Web3 games and interactive entertainment. Xterio's commitment to integrating Web3 technology into gaming and AI simplifies the experience for developers and players, paving the way for widespread adoption of decentralized gaming and digital ownership. Alongside its partners, Xterio operates the first gaming rollup utilizing the latest MACH technology, along with one of the leading launchpads for games and marketplaces. Notable recent successes include NFT sales for Overworld, Age of Dinos, Persona, Army of Fortune, and more. Xterio's first-party game development pipeline consists of five titles powered by $XTER, each led by genre experts and supported by talented teams from renowned studios such as FunPlus, Riot, Tencent, and Epic.

About AltLayer

Founded in 2021, AltLayer is an open and decentralized protocol for rollups, renowned for its novel "restaked rollups" product, which bolsters existing rollups with enhanced security, decentralization, fast finality, and interoperability. AltLayer's Rollups-as-a-Service (RaaS) launcher simplifies the process of creating customized rollups for both experienced developers and beginners alike.

These products form the foundation of a modular blockchain ecosystem that fosters innovation, experimentation, and scalability across a wide range of Web3 applications, including NFTs, gaming, DeFi, real-world asset tokenization, and more. AltLayer supports a diverse range of stacks, alternative DA layers, and shared sequencers, including OP Stack, Arbitrum Orbit, Polygon CDK, ZK-rollup, Celestia, EigenDA, Avail, Espresso, and others.

Contact Information

Xterio Team
[email protected]