{"id":665612,"date":"2024-12-20T10:26:04","date_gmt":"2024-12-20T10:26:04","guid":{"rendered":"https:\/\/ktsl888.com\/?post_type=press_release&p=665612"},"modified":"2024-12-23T09:47:48","modified_gmt":"2024-12-23T09:47:48","slug":"backed-by-animoca-brands-chainlink-and-coinmarketcap-xyro-redefines-gamified-social-trading","status":"publish","type":"press_release","link":"https:\/\/ktsl888.com\/press-releases\/backed-by-animoca-brands-chainlink-and-coinmarketcap-xyro-redefines-gamified-social-trading\/","title":{"rendered":"Backed by Animoca Brands, Chainlink, and CoinMarketCap, XYRO Redefines Gamified Social Trading"},"content":{"rendered":"

Soon after raising $1.4M in a round led by majors like Animoca Brands, industry-first gamified social trading platform XYRO has already generated $3.5M in gaming volume and attracted over 1.2 million followers.<\/p>\n

XYRO is the first to offer complete gamified infrastructure for social trading<\/h3>\n

Just a year after launch, XYRO<\/a> has become the recognized leader in the new niche of gamified social trading. This Web3 narrative combines features of crypto trading, GameFi, and SocialFi by offering a gameplay centered on trading and with a focus on communication among players.<\/p>\n

XYRO first attracted attention in mid-2024, when it launched a testnet version of the platform and the first stage of its gamified airdrop, the first of its kind in Web3 in terms of scale and variety of mechanics.<\/p>\n

In each of XYRO\u2019s four gaming modes – Up\/Down, Bull\u2019sEye, 1vs, and Setups – players are invited to use their skills in forecasting the direction of the crypto market to earn rewards. The gaming modes differ in their level of complexity, catering to both crypto novices and pro traders.<\/p>\n

The testnet version was followed by an outstandingly successful mainnet launch in October 2024, which saw the platform generate more than $3.5 million in gaming volume in only five weeks. The audience of XYRO has reached 1.2 million followers, with up to 2,000 players live on the platform simultaneously<\/p>\n

XYRO transfers all of its gaming modes on-chain and introduces AI features<\/h3>\n

The mainnet version of XYRO is marked by a move to the on-chain, smart-contract driven architecture on the Arbitrum blockchain, with the results of all the games recorded on the blockchain for a fully transparent player experience.<\/p>\n

XYRO has also introduced a set of AI backend features, which will be gradually expanded to create a comprehensively AI-powered gamified social trading engine, cementing the company\u2019s first-mover status within this emerging market niche.<\/p>\n

XYRO secures the backing of Animoca Brands, Chainlink, and CoinMarketCap Labs<\/h3>\n

The achievements of XYRO have been recognized by Animoca Brands – one of the largest venture investors in Web3 gaming, whose portfolio includes prominent projects like The Sandbox, Axie Infinity, Magic Eden, and OpenSea. In July 2024, Animoca Brands participated as a leading investor in XYRO\u2019s $1.4 million funding round<\/a> and became the platform\u2019s strategic partner.<\/p>\n

XYRO CEO Vlad Sadkov said,<\/p>\n

\u201cThanks to the collaboration with Animoca Brands, XYRO became the fastest-growing gamified trading platform in the market and introduced the largest set of social mechanics in Web3 gaming. We will continue to push the boundaries of both GameFi and SocialFi as we strengthen our strategic partnership.\u201d<\/p>\n

Another important partnership secured by XYRO is that with CoinMarketCap Labs, a major Web3 accelerator that selected the platform as its incubatee. XYRO has also secured a partnership with Chainlink, which guarantees that the outcome of each game session is calculated and recorded precisely and correctly.<\/p>\n

XYRO\u2019s unmatched SocialFi features<\/h3>\n

Among all gamified trading projects, XYRO stands out for the quality and range of its social mechanics. They include:<\/p>\n