{"id":81643,"date":"2023-07-13T11:05:06","date_gmt":"2023-07-13T08:05:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=81643"},"modified":"2025-09-12T00:11:23","modified_gmt":"2025-09-11T21:11:23","slug":"binance-labs-invests-15-million-in-gaming-web3-project-xterio","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-labs-invests-15-million-in-gaming-web3-project-xterio\/","title":{"rendered":"Binance Labs Invests $15 Million in Gaming Web3 Project Xterio"},"content":{"rendered":"<p>Binance&#8217;s venture arm announced an investment of $15 million in the <a href=\"https:\/\/u1f987.com\/en\/news\/what-is-web3\">gaming Web3<\/a>-platform and the publisher Xterio.<\/p>\n<p>The Swiss company develops free-to-play and on-chain games. The funds will be used to grow the ecosystem, launch new projects, and integrate AI technologies.<\/p>\n<p>Under the partnership, Binance will support the startup&#8217;s growth and will also integrate the platform&#8217;s native token into BNB Chain.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This is a significant capital investment that confirms Binance Labs&#8217; long-term view on Web3 gaming and recognises Xterio as a world-class gaming platform. The partner&#8217;s investments expand our ability to create a transformative token and high-quality games,&#8221; said co-founder Michael Tong.<\/p>\n<\/blockquote>\n<p>Xterio is currently working on an AI-model generator for game models and an &#8217;emotion engine for artificial intelligence&#8217;.<\/p>\n<p>The startup&#8217;s team previously worked at game studios and publishers, including FunPlus, Ubisoft, Krafton, Jam City, NetEase and others. Among Xterio&#8217;s projects are the strategy Age of Dino and the online RPG Overworld.<\/p>\n<p>Earlier in June, Mythical Games closed <a href=\"https:\/\/u1f987.com\/en\/news\/mythical-games-a-web3-game-developer-raises-37-million\">a $37 million<\/a> funding round led by Scytale Digital.<\/p>\n<p>In the same month, Argus Labs, a startup developing an <a href=\"https:\/\/ru.wikipedia.org\/wiki\/SDK\">SDK<\/a> for creating functionally compatible blockchain games, <a href=\"https:\/\/u1f987.com\/en\/news\/haun-ventures-leads-argus-labs-10m-seed-round\">attracted $10 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binance&#8217;s venture arm announced an investment of $15 million in the gaming Web3 platform and publisher Xterio.<\/p>\n","protected":false},"author":1,"featured_media":81644,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,1155,1133,1110],"class_list":["post-81643","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-games-and-gamefi","tag-venture-investments","tag-web-3-0"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=81643"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81643\/revisions"}],"predecessor-version":[{"id":81645,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/81643\/revisions\/81645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/81644"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=81643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=81643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=81643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}