Proof-of-Skill is a blockchain reward protocol that aims to integrate traditional AAA games with Web3 technology to provide real and verifiable game rewards. It tokenizes Steam achievements so that players' game achievements can be verified on the blockchain, and players can be rewarded with "$XAI tokens" based on their achievements. The platform uses the Xai blockchain for efficient transactions and reward distribution, ensuring low fees and a seamless experience. Target Users and Market Potential
Through tight integration with Steam, Xai Play makes it easy for more than 100 million Steam players around the world to access the blockchain game ecosystem. The platform is designed to eliminate technical barriers, and players can participate without understanding cryptography. Both Web3 and Web2 developers can publish games on the Xai platform and benefit from the blockchain infrastructure and reward system provided by Xai. Economic Model and Growth Momentum
$XAI tokens will be used as the core currency within the platform, circulated through player activities, leaderboards, events, etc., to promote the growth of the platform ecosystem. Game publishers will sponsor events by purchasing $XAI, creating a self-sustaining economic cycle that further promotes the expansion of the Xai platform and the increase in market share. The success of this model relies on Steam's huge user base and the high scalability of the Xai blockchain, which can attract a large number of players and developers to join and gradually promote the mainstreaming of blockchain games.
Connecting to the real economy: Interest from external merchants and offline institutions
The rapid development of the XAI project has attracted the attention of many offline retail, cultural creation, and tourism industries. They are gradually realizing that leveraging XAI can help them establish closer interactions with the young gaming community. For example, players holding certain achievements or NFTs can enjoy discounts at partner restaurants or exchange them for physical merchandise. Offline stores are bridging the gap with players through this "blockchain points" model, allowing players to translate their gaming achievements into real-world benefits. The gradual improvement of this two-way connection is an important part of XAI's commitment to creating a "multi-dimensional value cycle in gaming."
Looking forward to the market performance and the milestone leap of the whole ecosystem!
Products around the Bitcoin ecosystem such as BTC Layer2 & BTCFI have appeared one after another, heralding the emergence of a new round of bull market catalysts.
Always be in awe of the market. There may be various voices recently, but you don't have to pay attention to them. Be firm in your investment strategy. Looking back at history, the investment return of the so-called "diamond hand" is the best.
In the new round of bull market, there is also GameFi, which has been mentioned in recent years. It is expected to rely on more complete infrastructure in this round of bull market and release surprising products. @XAI_GAMES
In this round of bull market, RWA should also be mentioned. As supervision becomes clearer and more standardized, various assets are expected to appear in the crypto world and bring a good investment experience.
In this round of bull market, some new concepts, AI & DePin are also key areas that need to be paid attention to.