About Xai (XAI)
Xai is supposedly the first layer3 in the arbitrum ecosystem, designed with the aim to onboard traditional gamers to web3 gaming.
The platform grants traditional gamers the ability to engage in open trading. This feature lets them trade items from their preferred games without needing to handle crypto wallets. Xai's network is both open and decentralized, offering opportunities for individuals to run a node, earn network incentives, and be involved in decision-making processes.
Xai functions as an Arbitrum Orbit chain, leveraging Anytrust technology for optimal speed and cost-effectiveness. Unlike typical Orbit chains, Xai receives direct technical support from Offchain Labs.
By utilizing layer 3 technology, Xai can reportedly support a vast user base, maintaining interoperability, composability, and security. The platform aims to address the high gas fees through a novel gas subsidy contract. This approach removes gas fees entirely, making in-game actions more accessible and encouraging the expansion of the blockchain gaming sector.
Xai maintains a stable blockchain network through the use of advanced AnyTrust technology and efficient smart contract execution, ensuring a reliable gaming environment.
XAI, the native token of Xai, allows users to convert it to esXAI. This can be staked for various benefits, including:
Yield Account: Node operators can increase their esXAI yield by staking in the yield account.
Culture Account: Staking in the culture account grants access to exclusive events and game-related NFTs on the Xai Blockchain.
Governance Account: Staking esXAI gives governance rights, enabling users to influence proposals related to the DAO/Foundation treasury.
At the time of writing, Xai has a maximum token supply of 2.5 billion, and the initial circulating supply upon listing will be about 277 million tokens, representing approximately 11.08% of the total supply.
The current price of XAI is available and updated in real time on Binance.