Xai Network is a Layer 3 blockchain built on Arbitrum, specifically designed for the gaming sector. Xai's goal is to provide a smoother and easier blockchain gaming experience for users, while attracting traditional gamers to the Web3 world. Developed by Offchain Labs, the team behind Arbitrum, Xai leverages Arbitrum Orbit technology to create an optimal environment for game developers and players. This allows gamers to own and trade in-game items without needing complex cryptocurrency wallets, ushering in a new era for blockchain gaming.

What is XAI Token?

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

  • Gas fees: The XAI Token is used to pay for gas fees for transactions on the Xai network. Similar to ETH on Ethereum, XAI is the "fuel" to perform activities 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 to be further confirmed by the project)

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

Highlights of Xai

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

  • Integrated Web3 wallet: Users can experience the ecosystem without worrying about complex cryptocurrency wallet operations.

  • High reliability: The architecture of Xai 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 Arbitrum Layer 2 platform.

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

  • Scalability: Xai addresses scalability challenges and gas fees in blockchain gaming.

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

  • Developing advanced wallet experiences: The Xai Foundation is actively involved in developing advanced wallet experiences that combine abstract features, allowing the use of email or social media accounts for authentication and wallet recovery.

Who created XAI Coin?

Xai is developed by Offchain Labs, a well-known company in the blockchain field, 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 node: 42.09%.

  • Investors: 20.79%.

  • Team: 20%.

  • Ecosystem: 7.5%.

  • Community: 5%.

  • Binance Launchpool: 3%.

  • Reserve fund: 1.62%.

Xai products

1. Xai blockchain

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

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

2. Xai Node

To maintain the operation of the network, Xai has implemented a Sentry Node system, allowing anyone who owns a Sentry License Key to participate in transaction validation and earn rewards. The successful sale of thousands of keys has brought in significant funding for 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 gaming ecosystem.

Where to buy and sell XAI Token?

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

For those intending to buy this coin, you should go to this exchange to purchase it. If you do not have an account on Binance, you should create one immediately to start trading.

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

Binance registration link & 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. Aiming to resolve 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 prove its true potential. The launch of the mainnet at the beginning of 2024 and the involvement of partners like Offchain Labs indicate that Xai is on the right track. It is necessary to closely monitor the project's development in the future to fully assess Xai's potential.