What is XAI?
XAI is a Layer 3 solution built on Arbitrum and developed to meet the needs of web3 games.
Compared with Layer2 networks tailored for blockchain games such as Ronin and TreasureDAO, XAI has the technical advantages of cheap gas and low threshold.
With Xai, potentially billions of traditional gamers can own and trade in-game items without the need for a crypto wallet that has a certain threshold.
All individuals and teams can also support the Xai Network by operating nodes, earning network rewards and participating in governance.
According to Xai’s Twitter, several games including Tarochi Game, Crypto Unicorns, and Pixel Vault have been transferred to the Xai ecosystem.
XAI Token Value
The Xai Network and Ecosystem utilizes XAI and esXAI (custodial XAI, both redeemable 1:1) to bring balance and integrity to the ecosystem and play an important role in the Xai Network.
XAI is the network's Gas token, which facilitates transactions within the network and is distributed to verification nodes as rewards. In the future, XAI tokens will also be used as the main token in the game ecosystem for transactions and payment within the game.
The maximum total supply of XAI and esXAI is 2.5 billion, of which 7.5% is used for ecological rewards and 50.1% is used as node, community and DAC rewards.
XAI was launched through Binance Launchpool in January this year. The current price is US$0.57 and it once rose to US$1.63.
Advantages of XAI Staking V2
Xai recently launched the staking V2 version. The new feature allows XAI token holders to convert and stake their XAI into the staking pool to earn basic rewards and third-party game rewards.
There are 2 advantages to the new version of Xai staking.
First, only KYCed Sentry Key owners can create a pool, and once created, the pool creator determines the percentage of network rewards to keep for themselves.
Pool owners are effective leaders, recruiters, and evangelists in the Xai Stake ecosystem. These individuals are appropriately rewarded by the talent pool for their leadership, organizational skills, and marketing efforts.
If the mining pool creator fails to perform his duties effectively, he will lose stakers and rewards.
The requirements for creating a pool also increase the rights and interests of creators, allowing creators and the Xai ecosystem to develop together and ultimately gain more benefits.
Secondly, the Xai ecosystem encourages game projects to create staking pools to gain early supporters and contributors to the game.
Gaming projects leveraging the Xai platform could be one of many possible candidates for the role of pool owner.
By establishing a pool, game developers can effectively pre-launch the game and airdrop to participants in the pool.
This approach enables the gaming community to be encouraged to deposit their esXAI into the pool, and projects can use this approach to find early supporters and resource support for the project, and provide airdrop rewards to early supporters when the project is launched.
How to participate in XAI staking?
The Xai Staking Pool will enable esXAI holders and key holders to merge their holdings, stake collectively, and receive a greater probability of rewards.
Players can create their own pools to obtain node rewards, and obtain pool rewards by creating pools, using mining pools for staking, and accumulating them.
For detailed support methods and steps for creating a pool, please visit the official blog.
Ordinary players can also hold esXAI to obtain XAI staking rewards and participate in and follow the development of the Xai project.
Future opportunities for XAI?
As this bull market draws closer, the attention paid to web3 games continues to increase. As one of the most intuitive ways for web2 users to understand blockchain, blockchain games are also the focus of many people.
Gamefi’s own pain points, such as the use of encrypted wallets, game speed, gas fees, etc., also limit the entry of ordinary players. The Xai ecosystem is trying to solve this problem, making it easier for web2 game users to enter web3 games and enjoy the gamefi experience.
If blockchain games continue to be one of the important tracks in this bull market, Xai, as a web3 game solution, will also have a good space.
XAI current price $0.67
The current XAI price is 0.7. I don’t know how likely it is to increase 10 times. If the track explodes, maybe it won’t be a difficult task.
The market is also waiting for the next popular web3 game and the next opportunity.
The above is just my personal opinion, not investment advice. I am Chuxiaolian, and I am paying attention to the crypto market and web3.
