Xterio: Leading Web3 Games Platform in 2024
With a staggering investment of $55 million from the Xterio project, the heat of the web3 gaming market in late 2023 and beyond is clearly evident.
What is the Xterio platform? What projects does it encompass? Let's delve into these questions in this article.
What is Xterio Platform?
Xterio is a platform dedicated to developing and releasing web3 games integrated with artificial intelligence (AI).
In simpler terms, it's a platform for launching NFT games that allow players notionly to play but also to own assets and earn money (play-to-earn). The goal is to develop a web3 gaming ecosystem that facilitates easy and fast access for web2 gaming communities.
Currently, the project has launched 26 different games on its platform homepage, with some games in development and others already available for players to experience.
Additionally, the project is developing a marketplace within the platform to facilitate faster and more convenient NFT trading among users.
In the future, more games will be launched on the platform's launchpad, providing opportunities for early users to purchase NFTs or game tokens and potentially profit from them.
Web3 Games Projects on Xterio
AGE OF DINO (AOD)
AGE OF DINO is an MMO strategy game inspired by the world of dinosaurs. Players can embody characters within the game to command armies of various dinosaur species to battle others.
Gameplay involves activities such as resource gathering, feeding dinosaurs, and constructing parks, allowing players to profit from in-game assets. Players can also make friends, chat, strategize, or engage in PvP battles for rewards.
Currently, users can participate in the "Early Access" program to become among the first players when the game launches and have the chance to receive an airdrop.
OverWorld
OverWorld is an NFT role-playing game with multiplayer combat elements. The game is set in a fantasy world where players can form teams to fight monsters or battle other groups for rewards.
Notably, OverWorld is a free-to-play game, allowing players to start playing and earning money without requiring an initial investment. The game features PvP and PvE modes for players to explore and experience.
Jeremy Horn, the CEO of Xterio, also leads the OverWorld project.
TTT
TTT is an NFT racing and shooting PvP game where players become street racers in gangland settings, engaging in combat with rival gangs or performing various actions on the streets.
Integrated with blockchain technology, players can participate in activities or battles with other gangs to obtain resources and sell them for profit.
Currently, the game is in development, and updates on early registration opportunities will be provided soon.
In addition to these three games, Xterio has launched 23 other games on its homepage, featuring diverse and visually stunning gameplay and graphics. Titles include Blockords, Krypto Fighters, Arena Of Faith, Gensokishi Online-Metaverse, Outer, MetaCene, Apeiron, Abyss Word, and Galaxy Bliz.
Some games are available for players to experience, while others are still in development. Stay tuned for the latest updates from the developers.
Xterio's Fundraising Rounds
The Xterio project has raised a total of $55 million in funding through two major fundraising rounds:
The most recent fundraising round on July 12 raised $15 million, with Binance Labs as the main investor.
Previously, on August 29, 2022, Xterio raised $40 million in its Series A round. Major investors included FTX Ventures, FunPlus, Makers Fund, and XPLA.
Tokenomics of the Project
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Additional information about the project's token, $XTER, will serve as the central currency for all projects on Xterio. It acts as the governance token and backbone of the Xterio project.
The listing date for $XTER will be announced in the near future.
Investors and Partners
In addition to major investors from previous fundraising rounds, the project is currently supported and advised by numerous prominent figures in the industry.
Development Team
The project is led by CEO Jeremy Horn, co-founder and former Chief Strategy Officer at Jam City, and current Vice President at FunPlus. He brings years of experience in creating and maintaining highly profitable free-to-play games across multiple platforms.
Jeremy Horn is also the founder of the OVERWORLD project, which has garnered significant attention from the NFT gaming community.
Moreover, the Xterio development team comprises experts and CEOs from companies such as Netease, Electronic Arts, Rockstar, Krafton, FunPlus, Jam City, Ubisoft, and other major corporations.
Project Roadmap
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Conclusion
With a substantial $55 million investment from major investors and industry giants, coupled with an experienced development team, Xterio is poised to become a leading platform for developing and releasing web3 games with immense potential in the future.
Late 2023 marks just the beginning of the resurgence of web3 gaming empires. As the market continues to heat up, Xterio is expected to launch numerous major game projects on its launchpad, attracting a surge of interest and growth in user engagement.
