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Backed by Animoca Brands, Chainlink, and CoinMarketCap, XYRO Redefines Gamified Social Trading

  • December 20, 2024

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.

XYRO is the first to offer complete gamified infrastructure for social trading

Just a year after launch, XYRO 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.

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.

In each of XYRO’s four gaming modes – Up/Down, Bull’sEye, 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.

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

XYRO transfers all of its gaming modes on-chain and introduces AI features

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.

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’s first-mover status within this emerging market niche.

XYRO secures the backing of Animoca Brands, Chainlink, and CoinMarketCap Labs

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’s $1.4 million funding round and became the platform’s strategic partner.

XYRO CEO Vlad Sadkov said,

“Thanks 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.”

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.

XYRO’s unmatched SocialFi features

Among all gamified trading projects, XYRO stands out for the quality and range of its social mechanics. They include:

  • A 24/7 live chat that allows players to share trading ideas in real time;
  • A leaderboard with daily, weekly, and monthly rankings;
  • Setups, a special game mode enabling players to suggest trading setups that others can join or play against;
  • 1vs1, a type of game where one player directly invites another to a trading challenge;
  • A system of levels that users can climb by completing daily tasks and challenges in Discord;
  • Cashback, calculated based on each player’s individual gaming volume.

Upcoming milestones: $XYRO token launch and gamified airdrop

The SocialFi element of the platform culminates is the gamified airdrop, scheduled to take place at the same time with the launch of the $XYRO token in Q1 2025. Players’ airdrop allocations will be calculated based on their activity on the platform itself and in the community, including one’s performance in the leaderboard, special Discord roles obtained, and more.

$XYRO will not only become the first gamified social trading token in the industry but will also be integrated into all the game modes on the platform, giving it true utility. Looking further into 2025, XYRO will continue to innovate as it expands its AI functionality, gameplay, and SocialFi toolset. For more details on XYRO, visit the official website.

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Official website: https://xyro.io

X: https://x.com/xyro_io

Telegram:  https://t.me/xyro_io

Discord: https://discord.gg/xyro

XYRO CEO on X: https://x.com/vvsadkov

PR contact: Xyro Global Inc.

E-mail: ceo@xyro.io

Dubai, UAE

 

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