Web3 gaming development startup Xternity has secured the financial backing it needs to get its platform off the ground after closing on a $4.5 million round of funding. The investment, which comes alongside the beta launch of its platform, was led by investors including NFX, Jibe Ventures, Flori Ventures, Secret Chords and Vgames.
Xternity has created a comprehensive platform to support Web3 games developers and the new breed of so-called “play-to-earn” video games that make use of cryptocurrencies and non-fungible tokens in order to reward players for participating. In particular, it’s focused on bringing Web3 capabilities to Web2 games. It does this with a Multi Chain API that supports blockchains including Ethereum, Binance, Polygon, Immutable X, Solana and Celo, an embedded and customizable crypto wallet, a highly scalable NFT platform, plus a Web3 customer relationship management tool.
To make life even easier, Xternity’s toolset is “no-code”, meaning that they can
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