Xternity, Backed by NFX, Secures $4.5 Million To Boost Web3 Adoption by WEB2 Games

Xternity, a WEB3 platform for games, just unveiled and announced its open Beta launch and .5 million.

Tel Aviv, Israel: Xternity, a WEB3 platform for games, just unveiled and announced its open Beta launch and $4.5 million.

The investment includes both gaming and web3 notable investors. Among them are Jibe Ventures, Flori Ventures, Secret Chords, Vgames, and NFX 

Xternity was co-founded by Sagi Maman (CEO) and Shahar Asher (CTO) with the mission to support game creators to build the future of gaming by empowering players with true digital ownership.

Xternity announced its open BETA that provides games with Multi Chain API, Embedded and customized wallet, NFT platform at scale, and Web3 CRM tool which is already integrated with leading blockchain networks, including Polygon, ImmutableX, Solana, and Celo.

The gaming industry is undergoing a web3 revolution that is already in its advanced stages. While more infrastructures and adoption tools are released to the ecosystem, Xternity is focusing on building no-code solutions that help game developers boost players’ engagement, especially among GenZ. Xternity works as a meta layer that can be added seamlessly to any game.

Sagi, the CEO, and Ex-Playtika says: “Xternity continuously strives to define and build a long-term solution with valuable utility for the user. We believe that mass adoption of Web3 is possible only with simple, safe, and scalable technology built upon a sustainable engagement economy.”   

On the tech side, “Xternity platform enables game developers to work with many blockchains simultaneously at scale while having a unified code experience, they also can add NFT assets, and game economy layers while focusing on their core mission” Says Shahar.

“Xternity’s founders are utilizing their unique perspectives of both game monetization and scalable platforms to build  the ultimate web3 ecosystem for games”, said Gigi Levy Weiss, General Partner at NFX. “By understanding game developers’ need for scalable infrastructures and sustainable economic models, they were able to create a seamless solution that safely onboards web2 games to web3, and the current framework is just the first milestone”.

About Xternity

The Xternity mission is to build a comprehensive ecosystem for player empowerment on web3. 

Xternity was founded by veterans of the gaming, tech, and eCommerce industries with a singular vision: provide builders and brands with next-gen engagement tools that leverage web3 and metaverse for their communities and players without the complicated overhead.