Xterio is a cross-platform publisher and developer of high-quality mobile and Web3 games. Last year, Xterio announced that they had raised $40 million in a funding round led by FunPlus. The funding apparently went toward game development and building out the platform.
Now Xterio, together with its operating company LibeccioTech, is investing the initial funding in Overworld to launch unique game-themed collectibles on the Xterio platform, which will house a marketplace, social community hub, user-centric tools, and more.
Overworld is a web-3-powered gaming and community project focused on collective storytelling, utility-driven digital collectibles, and deep, engaging multiplayer gameplay set in an ambitious fantasy universe made for and by the players.
Jeremy Horn is the COO of Xterio and head of Overworld. Formerly vice president of strategy at Jam City, Horn is a game veteran with expertise in top-grossing social free-to-play games across multiple platforms. The Overworld team has eight veterans coming from Riot Games, Disney, Krafton, Jam City, and Ubisoft.
Overworld will be available first on PC and mobile – their first release will be a digital collectible drop that will provide holders with unique benefits and early access to the game, with initial assets released in the second quarter of 2023.
Champions Ascension is the first P2E game to come out of Jam City’s blockchain division. It’s an adventure game set in the fantasy world of “Messina”. Using NFT champions, players battle each other for rewards in the “Colosseum Eternal”.
With its soon-to-be-developed token economy, Champions Ascension plans to use novel mechanics for staking gameplay. Tokens, staking, owner perks, and battle modes are set to release in early 2022. Within a player-driven fantasy world, participants of Champions Ascension can explore, battle, and earn rewards with unique NFT champions, called “Prime Eternals”.
The Champions Ascension white paper was released to the public back in May of this year, 2022.
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