Xterio, a leading web3 gaming publisher, has announced a partnership with BNB Chain to expand its gaming portfolio onto a dedicated Layer 2 blockchain optimized for gaming. This collaboration sees Xterio tapping into the capabilities of BNB as a gas token while enhancing the infrastructure of the BNB Chain ecosystem.

In this article, we will cover everything you need to know about how Xterio and BNB Chain plan to "revolutionize web3 gaming" by leveraging a new Layer 2 blockchain. You will also learn how this collaboration will enhance the gaming experience for millions of players and empower developers building on the blockchain.

Over Two Million Players

The partnership will not only strengthen Xterio's longstanding relationship with BNB but also signify a significant milestone in the evolution of web3 gaming. By joining forces with AltLayer, a key player providing essential technical expertise, Xterio, and BNB Chain are poised to unlock the full potential of the BNB ecosystem and deliver immersive gaming experiences enriched with AI and digital ownership to millions of users worldwide.

At the core of this collaboration lies the mission to provide developers with unparalleled access to a first-party gaming catalog in web3, boasting a user base of over two million players. Developers will not only benefit from technical solutions and marketing support but also gain entry into a gaming ecosystem prioritizing high-quality experiences and seamless transactions.

Michael Tong, CEO of Xterio, emphasized the company's commitment to pushing the boundaries of web3 technology, stating, "We want to launch as many first-party games as possible, leveraging the power of web3 to deliver unparalleled gaming experiences to our players."

More About Xterio?

Xterio leads the way in the web3 gaming landscape, boasting exceptional development capabilities and extensive distribution expertise. With five major first-party games in development and a network comprising more than 45 gaming partners, Xterio is positioned as a prominent player in the industry.

Currently, Xterio's reach extends to a global gaming community exceeding two million users - with approximately $80 million in ecosystem funding, allocated across the Xterio Foundation, Xterio Labs, and various game studios. Co-founded by industry veterans Michael Tong and Jeremy Horn, Xterio aims to revolutionize gaming by seamlessly integrating web3 technology and engaging gamers on a global scale. 

More About Xterio Games and IP?

Xterio is currently in the development phase of five first-party titles, all of which are fueled by the $XTER token. Each title is spearheaded by genre experts and backed by skilled teams coming from renowned entities such as FunPlus, Riot, Tencent, and Epic.

While the web3 gaming mass market has yet to fully materialize, Xterio aims to bridge this gap by delivering a game accessible across multiple platforms, including mobile phones, consoles, and PCs. This approach is designed to appeal to a broader audience and pave the way for widespread adoption of web3 gaming technologies.

Xterio Chain and $XTER Token

The Xterio chain is set to be overseen and administered by AltLayer. Functioning as a Layer 2 solution on the BNB Chain, it will leverage the OP Stack as its rollup framework, complemented by EigenDA serving as the Data Availability (DA) layer.

This roll-up mechanism will primarily cater to web3 and AI-driven gaming applications. Furthermore, there are intentions to establish an on-chain ecosystem centered around triple-A games, with the $XTER token playing a pivotal role in facilitating transactions and interactions within the network.

Beyond its integration within various Xterio titles, the Xterio chain will serve as the foundational framework of the Xterio ecosystem. It will serve as a gateway to a dynamic gaming environment, empowering players to effortlessly acquire, own, and exchange digital assets within a secure and user-friendly setting. 

On-Chain vs Off-Chain

Developers will benefit from the ability to seamlessly mint, distribute, and manage millions of assets. The chain, in conjunction with the comprehensive Xterio tech platform, aims to streamline on-chain processes through features such as account-abstracted wallets, seamless integration of off-chain and on-chain systems, cost-effective transactions, one-click purchases, a versatile payment marketplace, launchpad functionality, and more, ultimately enhancing the overall user experience.

Furthermore, the Xterio marketplace and NFT launchpad will fully embrace the Xterio token as a versatile payment method, allowing users to utilize it for both purchases and gas fees. This approach ensures a seamless and convenient experience for users navigating transactions within the platform.

Jeremy Horn, co-founder of Xterio, stated: “We plan on maximizing that opportunity. So over the next KPI optimization phase, we plan on starting the marketing toward the end of April, hopefully, and then scaling from there. So that’s a massive deal for us. And that’s going to be on the value chain and allow players to seamlessly hold NFTs, and transact with NFTs from the mobile platform onto our marketplace. We launched the mainnet about two weeks ago, and in the last two weeks, we have had over six million wallets connected to the Xterio chain. It’s an amazing record.”

Web3 and AI Games

With plans to focus on web3 and AI-powered games, the Xterio chain aims to build a robust on-chain ecosystem around AAA titles, facilitated by the native $XTER token. Two notable IPs in development include Overworld (made in-house by Xterio) and Age of Dino (by GamePhilos). Developers will benefit from access to a vast first-party gaming catalog and tap into Xterio's rapidly growing user base, currently exceeding two million users worldwide.

Moreover, the Xterio chain serves as the backbone of the Xterio ecosystem, offering a gateway to a vibrant gaming environment where players can seamlessly collect, own, and trade digital assets. Developers, on the other hand, gain access to streamlined asset minting, distribution, and management tools, bolstering creativity and innovation within the gaming industry.

Overworld

Overworld recently raised $10 million in a seed funding round for its upcoming anime-inspired free-to-play action RPG. The studio is channeling these funds into the development of its debut game, temporarily named Overworld, set within the Xterio ecosystem.

A notable feature of Overworld is its integration of NFTs and digital ownership within the game. Horn clarified that these features are optional, emphasizing the studio's commitment to delivering a compelling gaming experience. "Digital ownership alone is not the key; a fantastic game is," Horn asserted.

Overworld, with a year of active development, recently engaged the community by selling Overworld Incarna, a collection of 6,000 assets. Horn highlighted the studio's approach to digital ownership as a means of enhancing the gaming community but underscored the importance of compelling content as the foundation.

Age of Dino

GamePhilos, a recently established web3 gaming studio, successfully raised $8 million in a Seed Round to fuel the development of its ambitious free-to-play dinosaur-themed game, called Age of Dino. The project boasts support from a team of industry veterans, many of whom have previously worked with renowned companies such as NetEase, FunPlus, Zynga, and ByteDance.

Age of Dino is currently in active development for both mobile and PC platforms. What sets it apart is its seamless integration of web3 technology, featuring a unique in-game economy and NFT ownership for players. The gameplay promises real-time battles between rival dinosaur factions, in-game trading opportunities, and the chance to build alliances.

Final Thoughts

The adoption of the web3 model in gaming enables game companies to achieve enhanced monetization and long-term revenue streams. This is primarily attributed to the heightened motivation among players within an ownership-based web3 framework.

By granting players ownership of in-game assets and leveraging blockchain technology for transparent and secure transactions, game companies can capitalize on players' increased engagement and investment in the gaming ecosystem, ultimately leading to improved monetization opportunities and sustained revenue growth over time.

Jeremy Horn, co-founder of Xterio, outlined the company's ambitious plans for growth, emphasizing the importance of strategic marketing initiatives and user acquisition efforts. "Our goal is to maximize the potential of our gaming catalog and expand our market reach," Horn stated, underscoring Xterio's commitment to delivering compelling gaming experiences across multiple platforms.

The integration of Xterio's gaming ecosystem with BNB Chain's infrastructure heralds a new era for web3 gaming, offering developers and players alike access to a vibrant gaming marketplace powered by blockchain technology. Through strategic partnerships and innovative solutions, Xterio aims to cement its position as a leader in the web3 gaming landscape, driving adoption and fostering a thriving community of gamers worldwide.