Xterio is a blockchain game publisher that bills itself as “free-to-play-and-own,” meaning gamers can not only play their games but also earn digital non-fungible tokens (NFTs) for doing so. By leveraging the power of blockchain, Xterio is able to offer a superior gaming experience – one where gamers can truly own their digital assets and take them with them from game to game. Xterio is currently in the early stages of developing an emotion engine for AI as well as AI toolkits to assist in game asset development.
Xterio Secures Funding for Game Development and AI Integration
The blockchain game will use the funding for game development, exploring AI integration, and launching an ecosystem token. Xterio has already established a diverse portfolio of projects, including mobile Japanese RPGs and massively multiplayer online (MMO) PC games. Their future plans involve collaborating with multiple blockchains simultaneously, such as Polygon and the Sui blockchain. This multi-chain approach demonstrates Xterio’s commitment to exploring and leveraging different blockchain ecosystems for their projects.
Binance Labs, the venture capital arm of Binance, sees blockchain gaming as a strategic investment opportunity. Binance Labs invests in Xterio to support traditional game developers transitioning to blockchain gaming. With over $9 billion in assets and a recent $500 million fund, Binance Labs was drawn to Xterio’s potential.
The Evolution of Gamifying with Digital Crypto Games
The $15 million investment signifies the beginning of a partnership between Xterio and Binance Labs. The collaboration involves Binance’s support for Xterio’s growth and the integration of its token into the BNB chain ecosystem. This strategic alliance aims to foster mutual benefits and drive the development of Xterio within the Binance network.
It will be interesting to see how the crypto gaming space evolves in the coming years. Xterio plans to launch its closed beta later this year, and with the partnership of Binance, success is imminent. It looks like gamifying has just gone digital!
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