The open Beta release of Xternity, a WEB3 platform for games, and the accompanying $4.5 million were just revealed. Prominent names in the game industry and the web3 community have contributed to the funding. Companies like Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX are among them.
Xternity was formed by CEO Sagi Maman and CTO Shahar Asher with the intention of helping developers create games that would shape the industry’s future by providing players with genuine digital ownership.
Xternity has launched its open BETA, which integrates prominent blockchain networks such as Polygon, ImmutableX, Solana, and Celo to provide games a Multi Chain API, Embedded and customizable wallet, NFT platform at scale, and Web3 CRM tool.
Web3 revolution in the gaming industry is already underway. Xternity is working on no-code solutions to assist game developers to increase player engagement, particularly among GenZ, while new infrastructures and adoption tools are provided to the ecosystem. Xternity functions as a meta layer that can be integrated onto any existing game.
Sagi, the CEO, and Ex-Playtika says:
“Xternity continuously strives to define and build a long-term solution with valuable utility for the user. We believe that mass adoption of Web3 is possible only with simple, safe, and scalable technology built upon a sustainable engagement economy.”
Shahar stated:
On the tech side, “Xternity platform enables game developers to work with many blockchains simultaneously at scale while having a unified code experience, they also can add NFT assets, and game economy layers while focusing on their core mission.”
“Xternity’s founders are utilizing their unique perspectives of both game monetization and scalable platforms to build the ultimate web3 ecosystem for games”, said Gigi Levy Weiss, General Partner at NFX. “By understanding game developers’ need for scalable infrastructures and sustainable economic models, they were able to create a seamless solution that safely onboards web2 games to web3, and the current framework is just the first milestone”.
Source: https://thenewscrypto.com/xternity-backed-by-nfx-raises-4-5m-to-accelerate-web3-adoption-by-web2-games/