Founder of Xsolla Establishes New Web3 Enterprise

Aleksandr Agapitov, the renowned founder of Xsolla, the payment startup dedicated to serving the global gaming ecosystem has founded a new company, the X.LA Foundation, directly dipping his feet into the fast-growing world of Web3.0. As contained in a press release shared with Coinspeaker, the primary ambition behind the launch of X.LA is to help bring the earnings potentials of Web3.0 to every stakeholder in the space.

Blockchain technology and more specifically, Web3.0 is evolving at a very fast pace. New innovations bordering on gaming, Decentralized Finance (DeFi), Non-Fungible Token (NFT) are springing up by the day, and there is a parity of Guilds or associations that is tasked with helping every stakeholder benefit optimally.

The emergence of the X.LA Foundation is directly aimed at solving this challenge as the association will enjoin participation from all contractors, influencers, content creators, inventors, entrepreneurs, and researchers to merge forces to define, shape, and develop the future of the Web3 economy.

The entire concept around the future of Web3.0 is still in its infancy, and evolution is billed to characterize the space, with constant recreation and redesign of platforms billed to be a norm in the near future. With the help of experienced gamers, developers, and the members that are billed to make up the X.LA Foundation, a community-driven approach or standard will be developed to help every stakeholder get the right values for being a pioneer in the technology that will define the future of the internet.

How the Xsolla Success Can Define the Growth of XLA

Xsolla is a Sherman Oaks-based video game commerce company whose product is currently being actively used in over 200 countries of the world. Xsolla’s technology is powered by Transaction Engine and Business Engine to help developers and publishers market, sell, connect, and optimize their games globally.

The startup serves only the video game industry, and the two Xsolla flagship tech stacks, Transaction Engine, and Business Engine work seamlessly together to solve the complexities of distribution, marketing, and monetization so developers, publishers, and platform partners can increase their audience, sales, and revenue.

The success story of Xsolla is sparked by the love for the union of gaming technology and artistry. While Aleksandr Agapitov is the core brain behind the company, Xsolla is now currently headed by Konstantin Golubitsky, the Chief Executive Officer, and Chris Hewish, the current president.

The success of Xsolla has proven that players in new technologies can be brought together to achieve a common goal, and that is exactly what Agapitov aims to do with Web3.0 through the X.LA Foundation. The new startup’s website, ideologies, and roadmap are billed to be unveiled in the near future, and for the first time, the Web3.0 ecosystem is on track to get a coalition of like minds that will help steer the growth of every active participant in the space.