Xterio (XTER)

$65,000,000 raised.
Three projects.
Three rugs.

be Jeremy Horn

- ex-Ubisoft, Gameloft, Jam City, FunPlus
- generated $1.5B+ in revenue for other people's games
- co-founded Xterio, founded Overworld, launched Palio
- gave Token2049 panels about AAA Web3 gaming vision

three projects.
same formula.
same exit.

PROJECT 1: XTERIO

- $40M SAFT: FunPlus, Makers Fund, Animoca, HashKey
- $15M more from Binance Labs alone
- $55M total raised. Switzerland HQ.
- promised AAA Web3 gaming across 50+ titles

XTER token launched January 2025 at $420M FDV

- dumped immediately after airdrop on Binance
- ATH: $0.5983. Today: $0.0158
- down 97.4% from ATH

Jeremy was the COO.

PROJECT 2: OVERWORLD

- $12.5M raised: Hashed, Spartan, Sanctor, Galaxy, Xterio
- "cross-platform MMORPG, PC, console, mobile"
- closed alpha promised Q4 2023
- never came

the WL grind:

- 6 weeks daily Twitter posts proving you were "Worthy"
- SesameLabs quests, 3,000+ points minimum
- months of unpaid free marketing labor
- then Jeremy called