In the face of this phishing incident, the Xai Foundation has once again demonstrated its strong commitment to the community. The Xaiu project knows very well that without the support of a strong and united community, no matter how high the technical barriers are, it will be difficult to withstand the wind and rain. It is the enthusiasm and participation of community members that build Xai’s core values ​​and future vision.

At this critical moment, the Xai Foundation chose to stand up, not only to maintain the integrity of the community, but also to show its deep care for every member. Xai's action goes beyond simple responsibility, it embodies a deep level of mutual aid and support. At Xai, every community member only matters.

Through this action, the Xai Foundation hopes to send a message that in the Xai community, not only achievements are shared together, but challenges are also shared. Union and mutual assistance are the strongest strengths of the Xai community. Continue to move forward hand in hand and create brilliance in the future of blockchain games. Every participation and contribution of community members is the cornerstone of Xai's growth and prosperity. Let’s write Xai’s next chapter together.

Event review

At 12 noon on December 7, 2023, the rush for XAI node authorization (in the form of NFT) attracted widespread attention. Among them, criminals took advantage of community members' eagerness to buy and spread fake contracts, causing Xai community members to interact with fake contracts and lose more than 600 ETH! At that time, Slowmist immediately released relevant information:

Xai Foundation spokesperson Soby made the first statement

After the phishing incident, Xai Foundation spokesperson Soby first stated that the community is crucial to the Xai project and the Xai Foundation will intervene in the matter.

Final plan: The foundation will bear all losses for community members

On December 23, Xai Foundation released the most popular compensation plan:

Dear Xai community members,

In the face of recent phishing incidents, we at the Xai Foundation are implementing a special support program to assist affected members of our community. Here are the important details of this plan:

Eligibility and application process:

Eligibility: To claim support, users must have a wallet affected by the scam and be on our predetermined whitelist. This whitelist includes all wallets that purchased Sentry Keys from fraudulent contracts, but does not include wallets identified in CryptIT’s investigation or blacklisted wallets on the U.S. Treasury Department’s OFAC list.

Claim process: Affected users can claim their Sentry Key through our dedicated website https://sentry.xai.games/#/drop-claim. Please note that this claiming process must be completed through a wallet connected to Arb One.

Requirements and restrictions:

GAS fee: Users need to bear their own gas fees during the application process (pay with AETH).

Geo-Blocking: In accordance with regulatory guidelines, users from the United States and OFAC sanctioned countries will not be able to participate and will be geo-blocked.

Sentry Node Agreement: Individuals who apply must agree to the terms of the Sentry Node Agreement, recognize that Sentry node keys are non-transferable, and accept the terms that rewards cannot be claimed before passing the KYC review.

Application details:

Node Authorized Key Distribution: A total of 1,078 keys will be distributed to 158 eligible wallets. The number of keys per wallet will be calculated based on the AETH spent per transaction in the scam contract, referring to the pricing tier of the real contract at the time of minting.

Limited time claim: All wallets in the whitelist have 30 days to claim their free Sentry Key, and the deadline is Sunday, 01/21 at 7:59 PM UTC.

Community Importance: Xai is a community of like-minded individuals who collectively believe that Xai will bring a revolutionary experience of blockchain gaming to billions of traditional gamers, eliminating the need for them to deal with cumbersome wallets and other complex crypto interactions. needs.

Victims of phishing attacks are also active supporters of our vision. They invest money to contribute to the network and work with you to support this innovation ecosystem. By providing these phishing victims with the keys they had intended to purchase, they cease to be victims and become our fellow sympathizers, further strengthening the enthusiasm within the Xai community. Importantly, this move does not affect the key supply cap; our plan was always to provide 50,000 keys. We choose to take the loss on behalf of our community members rather than letting them suffer the loss. Thank you for your support and your willingness to build this great cause with us.

Sincerely, Team Xai

#ARB #OffChainLabs #web3 #game #XAI