XAI is a project developed by Offchain Labs aimed at creating a decentralized, transparent, and fair Web3 gaming platform. Offchain Labs is the core team behind ARB, leveraging its strong technical support to enable XAI to lead in the blockchain gaming space. Through its innovative Layer 2 technology, XAI reduces transaction costs and enhances the player experience, making Web3 games more accessible and lowering the entry barrier for users.
Rapid Progress of XAI
Recently, the XAI project has made rapid advancements. Firstly, its testnet 'Odyssey' successfully expanded to nearly 5 million transactions per day, thanks to games like Web3 Warriors and Tarochi, which do not require players to pay gas fees or create wallets to start playing. This design attracted about 500,000 wallet connections, laying a solid foundation for the launch of the XAI mainnet.
Following the testnet, XAI launched the Sentry nodes in preparation for the mainnet launch. The successful node sale raised over 13,000 ETH, ensuring that the mainnet is scheduled to officially launch on January 9, 2024.
Collaboration with Binance and Market Response
The collaboration between XAI and Binance has further propelled its market progress. The launch of the gas token XAI on Binance and the XAI mainnet has driven transaction volumes to exceed $200 million daily. Additionally, XAI conducted airdrops for community members, distributing approximately 125 million XAI to incentivize more users to participate, enhancing community engagement on the platform.
Achievements and Market Appeal
Since its launch, XAI has achieved tremendous success in the market, having introduced over 10 games and partnered with top global game developers to release many popular blockchain games. Its mainnet transaction volume has surpassed 1.2 billion transactions, attracting over 9 million active wallets, fully demonstrating its strong market appeal. XAI has garnered significant attention and successfully attracted participation from numerous institutional investors, raising over $340 million during its token issuance.
The XAI Small Key is a dual benefit for players and investors
As a crucial element of the XAI project, the XAI Small Key provides players and investors with a powerful value-adding tool. By staking the XAI Small Key, players can earn esXAI tokens, which can later be exchanged for XAI tokens, helping holders to achieve long-term gains.
Interestingly, players holding the XAI Small Key can also receive many in-game rewards, such as rare items, exclusive tokens, and special game privileges. In addition, holders will enjoy priority for game airdrop rewards and can participate in unique events for future Web3 gaming projects. Through this reward mechanism, XAI not only enhances player engagement but also provides investors with opportunities for long-term value growth.
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XAI Small Key and the Future of Web3 Gaming
With the launch of the XAI mainnet and the introduction of multiple games on the platform, the XAI Small Key is becoming a 'key' in Web3 gaming, guiding players into a brand new decentralized gaming world. It not only offers special in-game rewards but also allows players and investors to gain long-term value through its staking mechanism. This bidirectional value-adding mechanism makes XAI not just a gaming project, but a promising Web3 ecosystem.
The Infinite Potential of XAI
XAI's development prospects are very broad. With close collaborations with several top partners, the platform is continually expanding its features and user base. From the launch of XAI Connect and XAI Builder to cooperation with Media Indie Exchange (MIX), XAI will provide developers and players with more convenience and opportunities, contributing to the prosperity of the entire Web3 gaming ecosystem.
