XTER
No. 602Introduction
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1. Project introduction
Xterio is a global, cross-platform play-and-earn developer and publisher working to create deeply engaging gaming worlds enhanced by digital ownership, connecting millions of people across the globe. Xterio focuses on developing Web3 native universes that can be expanded across all media and platforms. Xterio's teams and studios are located around the world, in cities such as San Francisco, Los Angeles, Tokyo, and Singapore.
2. Team introduction
Michael Tong——CEO
Currently residing in Chaoyang, Beijing, a game developer and investor, Managing Director at Xterio, and Chief Strategy Officer at FunPlus. Worked at NetEase for 22 years, serving as a former board member.
Brett Krause——Foundation Chairman
Previously held roles as a senior executive at Citibank, President of Morgan Stanley (China), and independent director at various banking institutions.
Jeremy Horn——COO
Also has experience as a Product Manager and Chief Operating Officer at gaming companies like Ubisoft.
3. Investment institution
FTX, FUNPLUS, Binance, HashKey, etc.
4. Token application and distribution
Token distribution:
community 28%
20 million is fully unlocked on TGE to reward Xterio users and initiate the use of XTER. The first, third, sixth, and ninth months after TGE unlocked 20 million pieces each. The remaining tokens will be vested quarterly every 4 years starting from the 12th month after TGE.
ecosystem 26%
20 million is fully unlocked on TGE. The first, third, sixth, and ninth months after TGE unlocked 20 million pieces each. The remaining tokens will be vested quarterly every 4 years starting from the 12th month after TGE.
Private investor 15%
The TGE unlocking rate is 0%. After a 1-year lock-in, the entire distribution will vest quarterly over a 4-year period.
Teams and consultants 12%
The TGE unlocking rate is 0%. After a 1-year lock-up period, the entire distribution will be vested quarterly over a 4-year period.
MARKETING 9%
15 million is fully unlocked on TGE. One month after TGE, all 15 million had been unlocked. After the one-year lock-up period, the remainder will be vested quarterly over four years.
Exchequer 4.25%
The TGE unlocking rate is 0%. After a 1-year lock-up period, the entire distribution will be vested quarterly over a 4-year period.
Liquidity and collateral 5.75%
100% unlocking on TGE.
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