CrossFi and Versus-X Partnership

CrossFi announces its strategic partnership with Versus-X, a multi-token and cross-chain wagering gaming studio. This collaboration will leverage the strengths of both platforms and bring about innovative solutions in the Web3 gaming space.

June 5th, 2024, San Francisco

The gaming industry, spanning from Web2 to Web3, is a thriving $450 billion market. Its audience has expanded from traditional gamers to include casual gamers and crypto enthusiasts. Recognizing this, CrossFi has developed play-to-earn games within its platform for its users. Today, CrossFi is proud to announce its partnership with Versus-X, a skill-based Web3 gaming ecosystem poised to revolutionize the gaming landscape by addressing some of the industry’s issues and untapped opportunities.

This partnership will bring forth the best the two projects have to offer. Versus-X addresses current issues in the Web3 gaming space by developing skill-based games and revolutionizing the win-to-earn mechanism using blockchain technology. Versus-X allows players to wager on their skills rather than betting and chance games, improving the gaming experience and the odds of winning. The addition of multi-token wagering distinguishes Versus-X, allowing players to wager with various digital currencies, removing a significant barrier to entry.

Like CrossFi, Versus-X is driven by a vision to create an inclusive and transparent gaming ecosystem. It aims to make integrating and onboarding new technology and partners second nature. Versus-X is a platform with a sustainable source of income, planned tokenomics, and a commitment to continuous innovation.

Versus-X founder and CEO Dean Baker expressed: “I’m on a mission to bring quality sports gaming to Web3. Then build a sports-themed metaverse to house them in”

Regarding this partnership, Crossfi CEO Alexander Mamasidikov mentioned: “Our goal is to create immersive and rewarding experiences for our community, and partnering with a gaming studio like Versus-X brings us closer to that goal. I look forward to seeing what we create together.”

About CrossFi

CrossFi is a next-generation digital ecosystem of cutting-edge payment solutions, bridging the worlds of banking and blockchain. CrossFi seamlessly integrates these two pivotal segments of the global economy into a unified ecosystem, offering unparalleled scalability and processing speed of up to 1 million transactions per second through the core of the CrossFi Chain—a modular architecture based on Cosmos Tendermint. The Cross Finance foundation, rooted in Ethermint and Evmos, ensures interoperability between blockchains, transaction anonymity, and the integration of EVM-compatible DApps. The tandem operation of two native coins, MPX and XFI, fortifies CrossFi’s tokenomics foundation, providing users with a seamless and robust financial experience.

About Versus-X

Versus-X is revolutionizing gaming by combining skill, competition, and blockchain technology. It addresses gaps in the current gaming ecosystem and sets the stage for the future of competitive sports gaming. Versus-X offers a digital ecosystem of high-quality sports games and a diverse player community. Its win-to-earn mechanism lets players wager on their skills to earn money. Multi-token wagering makes participation accessible with various coins and tokens.

Led by industry veterans, Versus-X aims to create a fun, engaging, and sustainable ecosystem. The $VSX token supports interoperability, allowing users to propose, comment, review, and vote. Built on Polygon for low fees and high transaction volume, Versus-X ensures transparency and security. With two games available and a third coming in Summer 2024, Versus-X is at the forefront of web3 skills-based gaming.

Sign Up To Closed Beta (https://versusx.io/) | Discord (https://discord.gg/versus-x) | Telegram (https://t.me/VersusX_Official_Community/1)