EthXY

EthXY

On-chain MMORPG playable within a Telegram chat.

HQ location
Connecticut, United States
Website
Launch date
Enterprise value
$6—10m
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EthXY is a decentralized blockchain platform that offers a Massively Multiplayer Online Role-Playing Game (MMORPG) built on the Base L2 network. The game, which features on-chain player-versus-player (PvP) poker combat, is accessible entirely through the Telegram chat application, removing the need for a separate app or website. This integration aims to create a friction-free user experience, allowing for quick gameplay sessions.

The platform was developed by a team of experienced founders and developers with a background in consumer products and gaming. In March 2024, EthXY announced it had raised $1.6 million in a pre-seed funding round from investors including a16z CSS23, OrangeDAO, and Pioneer Fund. The native utility token of the ecosystem is SEXY (Settled EthXY token), which players use to purchase in-game items like armor and weapons to customize their avatars. The game's economy is also facilitated by the trading of characters with rare loot.

Gameplay involves players being randomly matched for a round of poker, where the winner collects the pot. The platform uses the Base chain for fast and low-cost transaction processing. All game interactions are recorded on-chain, ensuring transparency and security while players interact through simple chat commands. Players can earn loot through various reward structures, and the native token, SEXY, is used for trading, staking, and can be used as collateral for lending.

Keywords: on-chain gaming, MMORPG, Telegram game, PvP combat, Base network, crypto game, blockchain platform, player vs player, SEXY token, in-game assets, decentralized gaming, Web3 gaming, NFT marketplace, digital assets, crypto-native, play-to-earn, staking, character customization, game utility token, blockchain entertainment

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