Binance Labs Injects $15 Million into Xterio for Advancing Web3 Gaming and AI Integration
(Originally posted on : Crypto News – iGaming.org )
A significant investment of $15 million has been made in Xterio by Binance Labs, the investment arm of prominent cryptocurrency exchange Binance. Xterio is a rising star in the Web3 gaming platform and publishing space. By incorporating artificial intelligence (AI) into the gaming experience, this strategic financing intends to enhance technology and hasten the expansion of Xterio’s game ecosystem.
Xterio’s Ambitious Roadmap | AI-Driven Interactive Gameplay and Token Launch
Xterio, well-known for its free-to-play gaming platform and ground-breaking GameFi-as-a-service offering that helps developer partners produce third-party games, is now prepared to expand its capabilities. With the latest investment from Binance Labs, Xterio intends to broaden its interactive AI-driven gaming experience, providing players with a seamless merger of free-to-play genres and on-chain gaming boosted by AI capabilities.
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Additionally, Xterio has ambitious ambitions to create an AI toolset that can consistently produce high-quality 2D and 3D assets, shortening the game creation process and guaranteeing users a production-quality experience.
Binance co-founder and head of Binance Labs Yi He expressed delight for the collaboration, stating, “The Xterio ecosystem is expanding faster than ever and bridges free-to-play genres with on-chain gaming enhanced by AI capabilities.” She further emphasized the synergy within the Xterio core team, which brings together experienced professionals from both Web2 and Web3 domains. “The Xterio core team brings together experienced Web2 professionals with Web3 expertise; we look forward to closely working with them to allow gamers around the world to experience rich on-chain gameplay.” Binance Labs is eager to work closely with Xterio to enable gamers worldwide to immerse themselves in rich on-chain gameplay experiences.
Binance Labs’ investment of $15 million in Xterio represents a significant stride in fostering innovation within the Web3 gaming industry. With this infusion of funds, Xterio is well-positioned to accelerate the growth of its game ecosystem while focusing on integrating artificial intelligence (AI) to revolutionize interactive gameplay.
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