Xterio Unleashes Revolutionary Blockchain Platform for Web3 Gaming

Web3 gaming publisher Xterio and decentralized protocol AltLayer unveil a game-focused restaked rollup built on Ethereum. The Xterio chain leverages AltLayer's MACH, offering rapid finality and economic security. Xterio, with its vast gaming catalog and user base, aims to integrate the chain across multiple titles. The chain will serve as the backbone of Xterio's ecosystem, providing a secure and user-friendly environment for players to collect, own, and trade digital assets, while developers can effortlessly integrate it into their creations.

Xterio Unveils Blockchain Infrastructure to Revolutionize Web3 Gaming

Amsterdam, The Netherlands, and San Francisco, CA - March 8, 2023 - Xterio, a leading Web3 gaming publisher and platform, and AltLayer, a groundbreaking open and decentralized protocol for launching rollup stacks, have forged a strategic alliance to introduce a revolutionary game-focused "restaked rollup" tailored specifically for the burgeoning Web3 gaming sector.

Xterio, renowned for its exceptional game development expertise, unparalleled distribution prowess, and impressive ecosystem funding of over $80 million, is pioneering the integration of Web3 technology into gaming, with a mission to onboard billions of gamers worldwide. Boasting a robust portfolio of five AAA games and collaborations with over 45 gaming partners, Xterio has fostered a thriving gaming community of over two million users.

The Xterio chain, meticulously crafted by AltLayer, is a Layer 2 solution built upon the Ethereum blockchain, utilizing the OP Stack as the rollup framework and EigenDA as the Data Availability (DA) layer. Unlike conventional rollups, the Xterio chain embraces a novel concept known as a "restaked rollup," a framework pioneered by AltLayer to enhance economic security and transaction finality.

The Xterio chain features MACH (Actively Validated Services), a robust Actively Validated Services (AVS) offering that accelerates finality and bolsters economic security by leveraging EigenLayer's innovative restaking mechanism. This advanced rollup is meticulously designed to cater to the unique demands of Web3 and AI-powered games, with plans underway to establish an on-chain ecosystem centered around AAA games powered by the $XTER token.

Beyond its integration across Xterio's diverse game titles, the Xterio chain serves as the backbone of the Xterio ecosystem, providing a seamless gateway to a vibrant gaming environment where players can effortlessly collect, own, and trade digital assets within a secure and accessible framework. Developers, in turn, are empowered to mint, distribute, and manage millions of assets with unparalleled ease.

The Xterio chain and the comprehensive Xterio technology platform are meticulously engineered to minimize the complexities of on-chain elements, leveraging account abstracted wallets, seamless off-chain and on-chain systems, cost-effective transactions, single-click purchases, a versatile payment marketplace, and a feature-rich launchpad. The Xterio marketplace and NFT launchpad, in addition to facilitating seamless transactions, embrace the $XTER token as a multifaceted payment method, accepted for both purchases and gas fees, ensuring a user experience that is both smooth and convenient.

As the Xterio chain evolves, it will extend its functionalities to accommodate game developers seeking a sophisticated yet user-friendly solution to power their creations. Through the Xterio chain, developers will gain access to the most extensive first-party gaming catalog in Web3 and tap into a rapidly growing user base of over 2 million, propelling their games to the forefront of the Web3 gaming landscape.

"Xterio stands as a formidable platform, highly respected by its esteemed content partners in the gaming industry," said Yaoqi Jia, CEO of AltLayer. "As gaming evolves and demands for higher-performing game mechanics, game economics, and in-game transactions intensify, we are delighted that Xterio has embraced rollups to augment the technical capabilities of its products. With AltLayer's MACH rollup, Xterio will unlock enhanced security, accelerated finality, and a suite of features that will ultimately elevate the gaming experience for developers and players alike."

Michael Tong, CEO of Xterio, expressed, "Our collaboration with AltLayer marks a pivotal moment in the development of a cutting-edge blockchain infrastructure that will serve as the foundation for our Web3 gaming titles and extend its accessibility to our partners and collaborators. By harnessing the expansive ETH ecosystem and addressing critical user concerns, such as gas fees and transaction finality, Xterio is poised to emerge as an industry leader in high-quality Web3 gaming and beyond."

Xterio's on-chain gaming capabilities have garnered widespread recognition within the industry, attracting the support of Binance Labs. The platform is currently engaged in the expansion of its game and technology functions, including the integration of artificial intelligence (AI) and token launch capabilities.

About Xterio

Xterio Foundation, established in Switzerland, is led by a council of technology and entertainment executives 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 is committed to accelerating the integration of Web3 technology into gaming and AI, simplifying the experience for developers and players alike, and facilitating the widespread adoption of decentralized gaming and digital ownership. In collaboration with its partners, Xterio operates the first gaming rollup powered by MACH technology and one of the most successful launchpads for games and marketplaces. The Xterio platform has successfully launched NFT sales for renowned titles such as Overworld, Age of Dinos, Persona, Army of Fortune, and more.

Xterio's portfolio includes five first-party titles powered by $XTER, each led by genre experts and supported by talented teams from industry powerhouses like FunPlus, Riot, Tencent, and Epic.

About AltLayer

Founded in 2021, AltLayer is an open and decentralized protocol for rollups that has gained prominence for its innovative "restaked rollups," which enhance existing rollups with superior security, decentralization, fast finality, and interoperability.

Complementing its protocol is a user-friendly Rollups-as-a-Service (RaaS) launcher, enabling developers of all levels to create customized rollups within minutes. This platform is specifically tailored for a multi-chain and multi-VM world.

Collectively, these products form the foundation of a modular blockchain ecosystem, hosting hundreds of thousands of rollups that accelerate scaling for diverse Web3 applications. AltLayer's solutions empower teams to save substantial capital, reduce years of development work, foster innovation, and expedite experimentation, all within a fully open and permissionless environment.

Industries ranging from NFTs and Web3 gaming to DeFi, real-world asset tokenization, and beyond leverage AltLayer's 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.