Binance Labs Grants $15 Million to Xterio

Binance's venture capital and incubation program, Binance Labs has invested $15 million into crypto game publisher, Xterio. 

Xterio is "free-to-play-and own" game developer and publisher that aims to create deep and rich gaming experiences through player ownership and offering NFTs by playing gaming. 

"We believe that blockchain technology makes for a better gaming experience," Xterio wrote in their website.

Binance Labs, Xterio
(Photo : Binance)
 

Xterio Games In Development 

The company currently supports the development of 11 games as listed on its website

It includes Age of Dino, Overworld, TTT, Abyss World, Metacene, Shiba Shiba Doge, Puffverse, Blocklords, Riverelysium, Blackdawn, and Legend of Genesis. 

Xterio houses various genre of games from RPG to MMO. Additionally, the company also opens its game through PC and mobile. 

Read Also: Binance Lifts BTC Withdrawal Block Following Network Congestion

Xterio to Explore AI Integration 

The company has disclosed that they will use the funds for game, technology development, and exploring the potential AI integrations to its games. 

According to Binance Labs, Xterio is currently working to create an "emotion engine for artificial intelligence." 

"Binance Labs' investment enhances our ability to launch a transformative ecosystem token and high-quality games," said Xterio co-founder Michael Tong, in a statement.

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