What is XAI Token?
XAI is a cryptocurrency that operates on the Arbitrum platform, leveraging a unique tri-layer architecture that combines Ethereum's security, Arbitrum's scalability, and its own Layer 3 innovations focused on gaming. The XAI token serves multiple purposes, including facilitating transactions, rewards, governance, and ecosystem stability. It aims to enhance the gaming experience by enabling players to own and trade in-game assets, and its AI-powered tools assist in detecting token scams and generating unique digital assets as NFTs.
How is Xai used?
Xai (XAI) is a token used for various purposes, including decentralized finance (DeFi) and gaming. In the context of gaming, XAI is the primary token of the Xai blockchain, acting as the gas fee token on the Xai Layer-3. It plays a pivotal role in ensuring the smooth operation of the blockchain, facilitating transactions and rewards within the network, and contributing to governance and ecosystem stability. Additionally, XAI is used in explainable AI (XAI) to enhance decision-making accuracy in crypto trading arbitrage bots by providing transparency and interpretability to the bot's decision-making process.
Reasons to buy Xai (XAI) :
1. XAI Testnet has a thriving community of over 200,000 wallets since its launch in January 2024.
2. Orivium’s Real-Time Strategy game is a testament to Xai’s potential to enhance player experiences.
3. The Xai blockchain is built on top of the Arbitrum layer 2, which in turn, is built on top of the world’s #2 blockchain by market cap, Ethereum.
Three things to know before buying Xai (XAI):
• The current ranking of XAI is #340 based on market cap.
• XAI has a circulating supply of 281 million coins and a total supply of 2.5 billion XAI coins.
• The market cap of XAI is about $131.49 million, as of June 26, 2024.
So this is about Xai Token.