Xternity, a web3 platform for games, unveiled its open beta launch today and announced that it has raised $4.5 million. Notable investors from the gaming and web3 industries are taking part in the adventure. There are companies such as Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX, among others. Xternity was created by Sagi Maman (currently CEO) and Shahar Asher (currently CTO) with the goal of helping game developers grow the gaming industry of the future by providing gamers with true digital ownership.
The objective of the Xternity project is to develop a global ecosystem on the Web3 in order to promote the empowerment of players. Xternity was created by seasoned professionals in the gaming, technology and online retail industries with one goal in mind: to provide developers and brands with next-gen engagement solutions that leverage Web3 and Metaverse. for the benefit of their communities and their players without the need for complicated infrastructures.
Driving Web2 Games Adoption of Web3
A Web3 revolution is currently underway in the gaming industry, and it has already reached more significant levels. As the ecosystem sees the release of additional adoption frameworks and tools, Xternity is focused on developing no-code solutions that will help game producers increase player engagement, especially among GenZ. Xternity works as a meta layer that can be integrated into any game without any noticeable latency.
Xternity also announced the launch of its open beta, which will provide games with a multi-channel API, an integrated and personalized wallet, a large-scale NFT platform and a Web3 CRM tool. These features are already connected to several of the major blockchain networks, including Polygon, ImmutableX, Solana, and Celo.
Sagi, CEO, and Ex-Playtika said, “Xternity continuously strives to define and build a long-term solution with valuable user utility. We believe that mass adoption of Web3 is only possible with a simple, secure and scalable technology based on a sustainable engagement economy.
Technologically, the Xternity platform allows game developers to work with multiple large-scale blockchains simultaneously while maintaining a uniform coding experience. Additionally, game developers can integrate NFT assets and game economy levels while pursuing their core purpose.
Making Blockchain Games Simple and Safe at Scale
Xternity works hard to develop leading tools for Web3 game developers. In order to get the most out of Web3, this startup’s products combine multiple facets of monetization and user-generated content, along with blockchain analytics and the Web3 software development kit (SDK).
Gigi Levy Weiss, General Partner at NFX, said, “The founders of Xternity are using their unique perspectives of game monetization and scalable platforms to create the ultimate Web3 ecosystem for games. By understanding game developers’ needs for scalable infrastructure and sustainable business models, they were able to create a seamless solution that securely integrates Web2 games into Web3, and the current framework is just the first step.”
Developers who grow and manage their NFT collections on Polygon, Solana, ImmutableX, Binance Smart Chain, and Celo using Xternity’s uniform and simple REST API. In addition, the Xternity platform offers game developers a protected (MPC-based) and fully customizable NFT wallet. This wallet offers players an engaging experience and built-in support for NFTs.
There is also a Web3 dashboard that players can use to manage their portfolios and enable quick on-chain KPI-based onboarding. This dashboard has real-time hybrid analytics and an integrated CRM tool. To help cryptocurrency users and traders, developers can also quickly create their own NFT stores with just a few mouse clicks and facilitate credit card payments.