Introduction

MXS Games is a Web 2.5 gaming studio combining traditional gaming elements with blockchain technology to create a user-friendly and accessible platform for billions of players worldwide. With a large library of games spanning mobile, web, and PC platforms, the studio integrates its own Layer 1 blockchain, XSeed Chain, managed by Ava Labs, supporting a gaming ecosystem powered by in-game advertisements and innovative monetization models.

The studio aims to make gaming more fair for players, by evolving from the current generation of Web3 game studios. Players can access over 30 games through a unified launcher, use the same digital assets across multiple titles, and earn rewards daily. By leveraging a single utility token, $XSEED, MXS Games simplifies transactions and asset management within the ecosystem. This token powers in-game purchases, gas fees, and governance, among other functionalities.

With a hybrid Web 2.5 approach, MXS Games combines the best aspects of Web2 and Web3. Players enjoy engaging and free-to-play games supported by an ad-driven revenue model, alongside blockchain-enabled features like ownership, transparency, and interoperability. The project’s comprehensive strategy positions it to drive mass adoption, bridging the gap between traditional gaming and decentralized ecosystems.

What is MXS Games (XSEED)?

MXS Games is a Web 2.5 gaming studio that merges traditional gaming elements with blockchain technology, to deliver a unified and accessible gaming experience. The studio has a library of over 30 mobile, web, and PC games, accessible via mainstream platforms like Google Play and a dedicated Web3-enabled launcher called MetaXSeed Play. The ecosystem integrates blockchain functionality powered by its proprietary Layer 1 blockchain, XSeed Chain.

MXS uses its single utility token, $XSEED, as its ecosystem base to fulfill its applications’ multiple purposes, including in-game purchases, non-fungible tokens (NFTs), gas fees, governance, and advertising. Its utility is centralized within a single token, which ensures that transactions are faster and they can enhance asset interoperability across its gaming portfolio. Players can use $XSEED for a cohesive and rewarding experience, earning and using digital assets for multiple games.

The studio addresses important challenges in the gaming industry, such as scalability, high transaction fees, and slow transaction speeds, using the XSeed Chain, built in collaboration with Ava Labs. This blockchain ensures minimal fees, high throughput, and the flexibility to scale as the ecosystem grows. Through these innovations, MXS Games aims to redefine blockchain gaming by offering sustainable revenue models, enhanced player rewards, and a robust infrastructure for future growth and adoption.

MXS Games’s Technical Architecture

MXS Games operates on a Layer 1 blockchain known as XSeed Chain, developed in collaboration with Ava Labs. It uses Avalanche’s subnet technology, allowing MXS Games to maintain a dedicated network tailored to its gaming ecosystem. This infrastructure benefits XSeed Chain from high throughput and low latency, essential for real-time gaming applications.

The decision to implement a Layer 1 blockchain enables MXS Games to optimize parameters specific to gaming requirements, such as transaction per second (TPS) rates and gas fees, ensuring that the blockchain can handle the high volume of transactions generated by multiple games without compromising performance. Having control over gas fees allows for a more predictable and user-friendly economic model within the gaming environment.

MXS Games emphasizes interoperability across different mobile, web, and PC platforms to provide a cohesive gaming experience. The platform’s architecture supports cross-platform play, allowing users to access games on their preferred devices without compromising functionality or performance. This flexibility caters to a diverse user base and enhances accessibility.

Integrating MXS Cloud Infrastructure enables easy connectivity between Web2 platforms like Google Play and Apple iOS, and Web3 environments, allowing users to transition between traditional and blockchain-based gaming experiences effortlessly. The unified login system further simplifies user access across different platforms, maintaining consistent user profiles and progress.

XSeed Chain is compatible with the Ethereum Virtual Machine (EVM), and it supports Solidity smart contracts and most Ethereum client functionalities, helping developers to build on the platform without learning new toolsets and languages, facilitating the integration of existing technologies and promoting a seamless development process. The support for popular Web3 wallets like MetaMask enhances user accessibility and interaction with the blockchain.

MXS Games’ Features

MXS Games offers over 30 games spanning mobile, web, and PC platforms. These games cover various genres and are accessible through platforms like Google Play, the MetaXSeed Play launcher, and other integrated Web3 environments. The focus is on providing quality games that are free-to-play while incorporating blockchain features for ownership and interoperability.

The platform operates on XSeed Chain, a Layer 1 blockchain built in collaboration with Ava Labs. This blockchain integrates Avalanche’s subnet technology, providing a scalable and low-fee infrastructure. The chain is optimized to handle the high transaction volumes expected from gaming applications

The platform includes a node license system, where licenses are issued as NFTs, allowing token holders to participate in reward systems and support the ecosystem without requiring the setup of physical nodes. Rewards are distributed daily, and license holders can benefit from features such as token airdrops and participation in lotteries.

MetaXSeed Play is a centralized hub for all games, supporting both Web2 and Web3 environments. This launcher ensures interoperability across platforms and allows players to access their digital assets and gaming progress through a unified account system. The project incorporates in-game advertisements as a primary revenue source. This approach ensures that games remain free-to-play while generating consistent revenue to fund player rewards and the development of new games. This model allows the platform to sustain itself without diluting the token supply.

Development Tools and SDKs

MXS Games offers software development kits (SDKs) and APIs to promote game creation and ecosystem expansion. These tools enable developers to create or integrate new games into the platform, expanding the ecosystem and providing additional utility for the $XSEED token.

MXS Games Tokenomics

The XSEED token has a total supply of 50 billion tokens, distributed across various allocations to support the MXS Games ecosystem. The distribution is as follows:

• 35% allocated to node rewards;
• 25% to ecosystem development;
• 12% to the team;
• 3% to advisors;
• 5% to liquidity;
• 1% to airdrops;
• 5% to seed funding;
• 8% to strategic funding;
• 2% to private funding;
• 4% to public funding.

This allocation strategy balances incentives for network participants, development efforts, and community engagement. The vesting schedules for these allocations are designed to ensure gradual token release, promoting long-term commitment and stability within the ecosystem.

They are implemented to prevent large token releases that could lead to market volatility. By distributing tokens gradually, the project aims to maintain a stable token supply and price, fostering confidence among investors and users. The structured release of tokens also aligns the interests of the team, advisors, and investors with the project’s long-term success, as their tokens become accessible over time, incentivizing sustained contribution and engagement.

MXS Games’ Development Team

MXS Games is led by a team of professionals with extensive experience in traditional (Web2) and blockchain-based (Web3) game development. The leadership includes:

• Shipon Chowdhury, CEO and Lead Game Developer, who brings over 20 years of expertise in software development, Web3 gaming, computing, and finance. As an avid gamer and experienced Unreal Engine developer, he leads a team of world-class game developers, driving the creation of next-generation blockchain games.
• Ben Gothard, COO, who oversees the company’s operations and strategic initiatives. His background includes significant roles in technology startups and blockchain projects, contributing to the company’s growth and market presence.
• Dr. Deeban Ratneswaran, Chief Strategy Officer, who guides the company’s strategic direction. His experience in venture capital and blockchain investments provides valuable insights into market trends and opportunities.
• Jonny Hustle, Chief Marketing Officer, who leads the marketing and community engagement efforts. His expertise in digital marketing and brand development helps in building a strong community around MXS Games.
• Jared Zachary, Chief Technology Officer, who oversees the technological infrastructure and development processes. His software engineering and blockchain technology background ensures the platform’s robustness and scalability.

The team also includes specialists in game design, blockchain development, and community management, all contributing to the platform’s comprehensive gaming ecosystem. Their combined expertise enables MXS Games to deliver diverse games that appeal to traditional gamers and blockchain enthusiasts.

The team’s experience in Web2 game development is evident in their ability to create engaging and high-quality games across various platforms, including mobile, web, and PC. Their familiarity with traditional game development tools and methodologies allows them to produce games that meet industry standards and user expectations.

In the Web3 domain, the team’s proficiency in blockchain technology enables integrating decentralized features into their games. This includes the implementation of non-fungible tokens (NFTs), decentralized finance (DeFi) elements, and play-to-earn mechanics, providing players with ownership and monetization opportunities within the gaming ecosystem.

The team’s commitment to innovation and quality is reflected in their continuous efforts to expand the gaming library and enhance the platform’s features. Their diverse skill sets and collaborative approach position MXS Games as a competitive player in the evolving blockchain gaming industry.

MXS Games’ Backers and Investors

MXS Games has secured support from a group of investors, including venture capital firms and individual backers. Notable investors include:

• Seed Round Investors: Participated in the initial funding phase, contributing to the foundational development of the project.
• Strategic Round Investors: Provided capital during the strategic funding phase, aiding in scaling operations and market expansion.
• Private Round Investors: Engaged in private funding rounds, offering resources for targeted growth initiatives.

These partnerships have been instrumental in advancing MXS Games’ development and market presence. The financial support from these investors has enabled the company to expand its gaming library, enhance technological infrastructure, and implement effective marketing strategies. Additionally, the involvement of reputable investors has bolstered the project’s credibility within the blockchain gaming industry, attracting further interest from potential partners and users.

Investment Rounds

MXS Games has conducted multiple investment rounds to fund its development and expansion. The funding rounds are as follows:

• Seed Round: Raised $1.1 million at a token price of $0.00044, with a valuation of $22 million. The funds were allocated to initial development, team building, and establishing the project’s foundational infrastructure.
• Private Round: Secured $632,000 at a token price of $0.000632, with a valuation of $31.6 million. This capital supported further development, strategic partnerships, and scaling operations.
• Strategic Round: Obtained $2 million at a token price of $0.0005, with a valuation of $25 million. The funds were directed towards market expansion, enhancing technological infrastructure, and marketing efforts.
• Public Round: Raised $1.4 million at a token price of $0.0007, with a valuation of $35 million. This round aimed to increase community engagement, liquidity, and broaden the project’s reach.

The total funds raised across all rounds amount to approximately $5.13 million. These investments have been instrumental in advancing MXS Games’ development, expanding its gaming library, and enhancing its technological capabilities. The strategic allocation of funds has enabled the project to establish a robust presence in the blockchain gaming industry.

MXS’ Partnerships

MXS Games has established several strategic partnerships to enhance its technical capabilities and expand its ecosystem. Notably, the studio has collaborated with Ferrum Network to improve smart contract development, management, and quality control, aiming to deliver superior solutions and strengthen platform integrity. Additionally, MXS Games has partnered with VLaunch to conduct an Engage-to-Earn round and a Fractional NFT Node IDO offering, introducing innovative opportunities for community engagement and investment. These collaborations reflect MXS Games’ commitment to leveraging industry expertise and fostering a robust, decentralized gaming ecosystem.

Conclusion

MXS Games is a blockchain-integrated gaming platform that offers a diverse library of over 30 games across mobile, web, Telegram, and PC platforms. Utilizing its custom Layer 1 blockchain, XSeed Chain, the platform ensures low transaction fees and high throughput, addressing common challenges in blockchain gaming. With its Web 2.5 onboarding approach and seamless integration of Web3 features, MXS Games bridges the gap between traditional and blockchain-based gaming experiences.

The XSEED token is the ecosystem’s single utility token, facilitating in-game purchases, NFTs, gas fees, and advertisements. Its structured tokenomics, including allocations for node rewards, ecosystem development, team incentives, and liquidity, ensure long-term sustainability. The token’s vesting schedules further promote stability by regulating its release into circulation.