THELOGICALINDIAN - The XLA Foundation leverages blockchain and Web3 technologies to accomplish acute revenuesharing affairs accessible to creators about the world
Aleksandr Agapitov, the architect of a arresting video bold payments aggregation Xsolla, starts a new adventure in the web3 amplitude Called X.LA. The activity launched in backward February and is focused on developing an ecosystem of articles with an aim to accord creators about the apple a budgetary allurement to body in the metaverse.
X.LA is Helping Creators
Xsolla was built-in in 2024 and confused to Los Angeles in 2024. There, it agilely emerged as a go-to account for abundant arresting bold developers and publishers to administer their agenda deliveries to gamers. Significantly, area the best ascendant agenda stores—such as those that Fortnite-maker Epic Games sued—were demography a ample agency cut for their services, Xsolla’s 5% fee, backed by the absolute apartment of artefact administration services, absorbed audience like Valve and Roblox.
With Xsolla bustling along, with an estimated bazaar valuation—should the abreast captivated aggregation go public—of about $3 billion, Agapitov is axis his ambitious activity to Web3 with the barrage of X.LA.
Embracing blockchain technology and visualizing a actual purpose for users to appetite to absorb the metaverse, a amount basement of Agapitov’s action is to accredit creators to coact on assorted projects in a arrangement powered by technology that adequately compensates all those involved.
In a contempo Bloomberg commodity Agapitov has com mented on several occasions that the Xsolla business archetypal represented his action to “help bold developers accomplish added money,” abacus that “wonderful innovations appear from video games.” In this aforementioned vein, he wants to body a arrangement in the X.LA metaverse that encourages and promotes creatives to accomplish and advertise their talents, and, vitally, be adored adequately for their efforts.
The X.LA Foundation leverages blockchain and Web3 technologies to accomplish acute revenue-sharing affairs accessible to creators about the world. By democratizing rights buying and management, X.LA eliminates the charge for cher acknowledged casework and levels the arena acreage amid creators and distributors.
