Xai Network is a Layer 3 blockchain built on Arbitrum, specifically designed for the gaming industry. Xai aims to bring a smoother and easier blockchain gaming experience to users, while attracting traditional gamers to the Web3 world. Developed by Offchain Labs, the people behind Arbitrum, Xai leverages Arbitrum Orbit technology to create an optimal environment for game developers and gamers. This allows gamers to own and trade in-game items without the need for complicated cryptocurrency wallets, ushering in a new era of blockchain gaming.

What is XAI Token?

XAI is the native token of the Xai Network. It is used to:

  • Gas Fees: XAI Token is used to pay gas fees for transactions on the Xai network. Similar to ETH on Ethereum, XAI is the “fuel” to perform operations on the Xai blockchain.

  • Governance: In the future, XAI may be used to participate in network governance, allowing token holders to vote on proposals and changes to the Xai network. (This information needs further confirmation from the project)

  • In-game utility: XAI can be integrated into Xai online games, for example to purchase in-game items, participate in special events, or receive rewards.

Highlights of Xai

  • AnyTrust Arbitrum Technology: Allows transactions with very low gas fees, helping players save costs.

  • Integrated Web3 Wallet: Users can experience the ecosystem without worrying about complicated operations with crypto wallets.

  • High Reliability: Xai's architecture prioritizes reliability, minimizing downtime and network congestion, ensuring a smooth and consistent gaming experience.

  • Technical Support from Offchain Labs: Xai benefits from direct technical support from Offchain Labs, the team behind the Layer 2 Arbitrum platform.

  • Focus on user experience: Xai aims to simplify the user experience, making it easy for players to access and participate in the blockchain gaming world.

  • Scalability: Xai solves the scalability and gas fee challenges in blockchain gaming.

  • Seamless integration with ETH wallets: XAI seamlessly integrates with Arbitrum compatible ETH wallets.

  • Developing an enhanced wallet experience: Xai Foundation is actively involved in developing an enhanced wallet experience that incorporates abstract features, allowing the use of email or social media accounts for wallet authentication and recovery purposes.

Who created XAI (XAI)?

Xai is developed by Offchain Labs, a well-known company in the blockchain space, which also developed Arbitrum, a popular Layer-2 scaling solution for Ethereum.

Basic information about Xai

  • Name: Xai

  • Trading name: XAI

  • Type: Utility Token

  • Platform: Arbitrum

  • Contract: 0x4Cb9a7AE498CEDcBb5EAe9f25736aE7d428C9D66

  • Total Supply: 2,500,000,000 XAI

XAI Token Allocation:

  • DAC and button: 42.09%.

  • Investors: 20.79%.

  • Team: 20%.

  • Ecosystem: 7.5%.

  • Community: 5%.

  • Binance Launchpool: 3%.

  • Reserve fund: 1.62%.

Xai's products

1. Xai blockchain

Xai blockchain, one of the pioneers of Layer 3 technology, was officially launched on January 9, 2024. With a focus on the gaming sector, Xai promises to bring a whole new playground for game developers on the Arbitrum platform.

Before its official launch, Xai has demonstrated impressive transaction processing capabilities with millions of transactions per day. This, coupled with its growing community, shows the great potential of Xai in the future.

2. Xai Node

To keep the network running, Xai implemented the Sentry Node system, allowing anyone who owns a Sentry License Key to participate in validating transactions and receiving rewards. The successful sale of thousands of Keys has brought a significant amount of capital to the project.

With a variety of game projects being developed on the platform, such as Final Form and LAMOverse, Xai is gradually building a rich and attractive game ecosystem.

Where to buy and sell XAI Token?

You can buy and sell XAI Tokens on the cryptocurrency exchange Binance.com. Currently, Binance is the Top 1 exchange in the world in terms of reputation, safety, security and trading volume. The exchange is trusted and used by Huongdandaotienao as well as many traders around the world.

If you intend to buy this coin, you should go to this exchange to buy it. If you do not have an account on Binance, you should create an account immediately to start buying and selling.

Below is the link to register an account and get a 20% discount on transaction fees.

Link to register Binance exchange & 20% discount on transaction fees: https://accounts.binance.com/register?

Conclusion

Xai is a promising Layer 3 solution built on Arbitrum’s Orbit technology, focused on the gaming sector. With the goal of solving the user experience and scalability issues in blockchain gaming, Xai is gradually asserting its position. However, the project is still quite new and needs more time to develop its ecosystem and demonstrate its true potential. The mainnet launch in early 2024 and the involvement of partners such as Offchain Labs show that Xai is on the right track. It is worth closely monitoring the project’s future developments to fully assess Xai’s potential.