I haven’t figured out l2 yet, and l3 is here again. What is xai? Financing situation, token economics, launchpool information, and ecological technology are all revealed in detail below! $XAI #Xai质押

🦄What is $xai:
Xai is the first L3 blockchain in the Arbitrum ecosystem, designed to bring traditional gamers into Web3 gaming! Xai empowers traditional gamers to participate in open exchanges, allowing them to trade in-game items without interacting with a crypto wallet.

What the official means is that the Xai network is open and decentralized, and anyone can operate a node, obtain network rewards, and participate in governance.

🦄 Financing situation:
In 2021, it completed financing of US$3 million and US$8.5 million respectively, with a valuation of US$80 million. It is led by industry veterans from well-known companies such as Pixar, Ubisoft, Activision, and Blizzard.

🦄Token Economics:

  • Maximum total supply of tokens: 2,500,000,000 XAI

  • Initial circulation: 277,118,150 XAI (about 11.08% of total token supply)

  • Total mining amount: 75,000,000 XAI (3% of total tokens)

🦄Project technology: (actually it is l3's solution)

Scalability, low gas fees, stability, and low barriers to wallet interaction #Xai（XAI）

  • Scalability: L3 technologies are able to scale to hundreds of millions of users without sacrificing interoperability, composability, and security;

  • Gas Fees: Xai uses the Gas Subsidy Contract to handle the Gas Fees issue in blockchain games, minimizing the impact of in-game operating costs on players;

  • Wallet interaction barriers: Xai solves the barriers to traditional gamer usage by seamlessly integrating cryptocurrency wallets into the backend of the gaming experience, simplifying usage by replacing wallet management for players;

  • Stability: Xai ensures the stability of its blockchain network by using AnyTrust technology and optimized smart contract execution, providing a stable gaming environment.

🦄What about the project itself:

XAI, as the basic token of the ecosystem, provides the fuel needed for the network to operate, while the introduction of esXAI brings more staking opportunities and rewards to participants. This dual-token system not only ensures the effective operation of the network, but also encourages community participation and investment. This setting itself is very innovative!

Its deflation mechanism and staking incentive design are expected to provide Xai with a stable and vibrant ecological environment in the future. This will not only promote development within the Xai ecosystem, but may also bring new innovation and growth momentum to the entire blockchain industry.