Sherman Oaks, CA, Feb. 17, 2022 (GLOBE NEWSWIRE) — (via Blockchain Wire<\/a>) Xsolla Founder Aleksandr \u201cShurick\u201d Agapitov announced today the launch of X.LA Foundation, a community-driven organization designed to democratize how creators benefit from their work by utilizing novel technologies and concepts of Web3.<\/p>\n \u201dMost creators cannot afford the legal representation needed to protect their own work,\u201d Agapitov said. \u201cX.LA seeks to level the playing field for those creators so they have as much stake in the success of their ventures as producers and distributors.\u201d\u00a0<\/p>\n \u201cAll contractors, influencers, content creators, inventors, entrepreneurs and researchers are welcome to X.LA,\u201d Agapitov said.\u00a0<\/p>\n \u201cCreators are natural visionaries,\u201d Agapitov said. \u201cNow, as interest in NFTs, cryptocurrency and blockchain technologies grow, they\u2019re seeing the opportunities in the Metaverse and X.LA is here to make that future a reality.\u201d<\/p>\n About X.LA<\/strong><\/p>\n The\u00a0X.LA<\/a>\u00a0Foundation leverages blockchain and Web3 technologies to make smart revenue-sharing contracts available to creators around the world. By democratizing rights ownership and management,\u00a0X.LA<\/a>\u00a0eliminates the need for costly legal services and levels the playing field between creators and distributors.\u00a0\u00a0For more information, visit\u00a0<\/a>https:\/\/x.la<\/a>.<\/p>\n About Xsolla<\/strong><\/p>\n Xsolla is the video game commerce company powered by Transaction Engine and Business Engine to help developers and publishers market, sell, connect, and optimize their games globally. Serving only the video game industry, the Xsolla 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 product suite caters to businesses from indie to enterprise with Xsolla Pay Station and its #1 Anti-fraud solution, Xsolla Partner Network, Xsolla Site Builder, Xsolla Store, Xsolla Login, and Xsolla Launcher. Headquartered in Los Angeles, with offices worldwide, Xsolla operates as a merchant and seller of record for major gaming entities including Valve, Twitch, Ubisoft, Epic Games, and PUBG Corporation. For more information, visit\u00a0https:\/\/xsolla.com\/<\/a>.<\/p>\n Social media<\/strong><\/p>\n Twitter:\u00a0https:\/\/twitter.com\/x_la_official<\/a><\/p>\n Discord:\u00a0https:\/\/discord.gg\/xla<\/a><\/p>\n Telegram:\u00a0https:\/\/t.me\/x_la_announcements<\/a><\/p>\n Instagram:\u00a0https:\/\/www.instagram.com\/x.la.official\/<\/a><\/p>\n Facebook:\u00a0https:\/\/www.facebook.com\/x.la.official.page<\/a><\/p>\n Reddit:\u00a0https:\/\/www.reddit.com\/r\/x_la_official\/<\/a><\/p>\n![](\"https:\/\/ml.globenewswire.com\/media\/YjQyOTVmNGMtNTJiZC00YWYyLTg1YzctZTJkMmI4MWMzY2Y0LTUwMDEwMDc0Ng==\/tiny\/X-LA-Foundation.png\")
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