XYRO, the Trailblazing Gamified Social Platform, Selected for Incubation by CoinMarketCap Labs After Closing $1.4M Funding Round Led by Animoca Brands

Gamified social trading is a brand-new Web3 trend that fuses the functionalities of GameFi and social trading - the practice of sharing and following trading

Gamified social trading is a brand-new Web3 trend that combines the functionalities of GameFi and social trading - the practice of sharing and following trading ideas within a community. The first major representative of this niche is XYRO - a platform that has already garnered more than $3.5 million in gaming volume in just a few weeks after its mainnet release.

To achieve such impressive results in such a short time frame, XYRO has secured the support of several more major industry players, including Chainlink and Animoca Brands. The latter - one of the biggest investment funds in Web3 gaming with projects like Magic Eden and OpenSea in its portfolio - became the lead investor in XYRO’s funding round in July 2024, which raised $1.4 million.

Another important partnership was signed with Chainlink, the recognized leader in the blockchain oracle market. Chainlink is set to supply the gamified social trading platform with decentralized on-chain data streams that will guarantee the transparency of all game outcomes.

Thanks to the expertise and resources provided by Animoca Brands, CMC Labs, and Chainlink, XYRO was able to launch the mainnet version of the platform on schedule and to decisive success. All four gaming modes - Bull’s Eye, Setups, Up/Down, and 1vs1 - now run on the Arbitrum blockchain and feature rewards in USDT.

Over 2 million users have already joined the XYRO community, including many pro traders and KOLs who share their personal trading ideas via the unique Setups mode.

With $3.5M in gaming volume, XYRO is now preparing for the two next milestones on the roadmap: the introduction of a set of AI features and an industry-first gamified airdrop.

AI tools can be invaluable for improving one’s trading strategy and identifying opportunities in the market. However, no project to date has combined these tools with gamification.

To achieve this goal, XYRO will introduce several new features, including an AI strategy advisor that will provide each player with personalized recommendations based on their trading style.

Furthermore, there will be a special gaming mode where players will be pitched against a machine learning algorithm - the same way they now battle other players in the 1vs1 mode.

Additional features will be available as part of the AI utility that will be integrated into the XYRO interface.

As the work on the AI toolset progresses, XYRO is preparing for yet another crucial event: the release of its native utility token, also called $XYRO.

Scheduled for Q1 2025, the TGE (token generation event) will be followed by a sweeping gamified airdrop - the first such event in Web3 gaming.

Each player’s $XYRO airdrop allocation will be calculated based on multiple factors, including mainnet gaming volume, bonuses conferred by special Discord roles, points accumulated through daily quests and challenges, leaderboard rank, and more.

The preparatory stage of XYRO’s gamified airdrop has been running for several months, and new users still have an opportunity to join and secure an airdrop.

Ultimately, $XYRO will become the first gamified trading token in the market, further confirming the platform’s first-mover status.

2025 is poised to become a year of fast growth and innovation for XYRO, as the gamified trading narrative gathers steam. For more information on the project, see the official website.