Xterio has introduced it’s launching its L2 scaling tech in partnership with Binance Labs, utilizing Binance’s BNB Chain for safety.
Moreover, the gaming-focused L2 chain will leverage BNB as a gasoline token and contribute to the infrastructure of the BNB ecosystem. OP Stack will probably be used for its rollup framework, and EigenDA for information availability, whereas the chain will probably be operated by AltLayer.
The deal comes in the back of a earlier $15 million funding from Binance Labs into Xterio. Enhancing their strategic collaboration will primarily profit Xterio in that BNB will help it when it comes to advertising and marketing, together with referral applications.
Boasting 5 firstparty triple-A titles – together with Overworld and Age of Dino – Xterio says it already has two million customers. The forthcoming video games will all be powered by the ecosystem’s XTER token and have AI-elements. Amongst different options reminiscent of account abstracted wallets, low cost transactions, single-click purchases, versatile fee market and launchpad, Xterio may even purpose to make onchain integrations invisible so far as doable to gamers.
Xterio CEO Michael Tong commented, “Xterio is steadfast in its ambition to carve out a outstanding place inside the BNB Chain ecosystem and emerge because the foremost chain and platform worldwide, setting the gold commonplace for on-chain gaming.”
“By harnessing the ability of BNB and mixing it with Xterio’s imaginative and prescient and experience, we aspire to ascertain Xterio because the plain chief within the BNB Chain universe.”