Binance Labs, the investment arm of Binance, the world’s largest cryptocurrency exchange, has committed to investing $15 million in Web3 gaming platform and developer Xterio.
Binance july 13 In the post he published on his official website on 15 million dollar investment commitment announced that he had given Xterio will reportedly use the investment for artificial intelligence (AI) integration and tokenization as part of its further game and technology development plans.
Among the founding team Ubisoft, Krafton, NetEase giant game companies like experience for game developers other than game production by the company owned by the actors AI powered tools It was noticed that he was working on it. xterio, free to play games (F2P) with blockchain-based one between games bridge aims to establish.
Xterio currently has a “emotion engine for artificial intelligence” And “An AI toolset capable of creating production-quality 2-3D assets with design consistency” reported to be working on it.
Binance Labs co-founder Yi HeExperienced Xterio core team Web2 professionals And Web3 expertise He said he brought it together. He, Xterio ecosystem than ever before expanding faster expressed.
Xterio co-founder Michael Tong, While expressing that the partnership proved the success of the company, Web3 focusedi game publisher leadership about to strengthen their status emphasized that they will focus on
Currently on Xterio platform of 11 games is located. These games only 2 pre-registration while allowing the creation of 9 of them under development exists.