Xai: everything you need to know about XAI

What is Xai?

Xai is a Layer 3 blockchain platform specifically designed for the gaming industry. It provides a decentralized ecosystem where gamers can own, trade, and use valuable in-game items across different games without the need to use crypto wallets. Xai utilizes Arbitrum technology to provide scalability and speed, which is essential for a smooth gaming experience.

How does Xai work?

Xai functions as the native token of the Xai network and has multiple functions within the ecosystem. It acts as a gas token for transactions, rewards for node operators, and as currency within the Xai gaming environment. Additionally, users can stake Xai tokens for additional benefits, such as higher rewards and participation in governance within the platform.

The XAI token

The Xai token is designed with a maximum supply of 2.5 billion tokens. The token plays an important role in the ecosystem by facilitating transactions as well as acting as a reward and governance token. By burning gas fees in Xai, the token becomes deflationary, which could support the long-term value.

The technology behind XAI

Xai is built on a unique tri-layer architecture that combines the security of Ethereum (Layer 1), the scalability of Arbitrum (Layer 2), and specific optimizations for gaming (Layer 3). This enables Xai to offer low costs and high speeds, which is crucial for the adoption of blockchain in the gaming world. In addition, sentry nodes are deployed to ensure the security and reliability of the network.

The Xai ecosystem

The Xai ecosystem is focused on creating a flourishing environment for blockchain gaming. The platform has already announced collaborations with various game developers and DeFi projects. It is expected that multiple games will be launched on the network in 2024, such as the fully on-chain trading card game Final Form. These games will contribute to the growth and popularity of the Xai ecosystem.

Benefits of Xai

• Low costs: Thanks to innovative gas subsidies, the costs for carrying out actions on the network are minimal
• Scalability: The Layer 3 architecture provides high speed and efficiency, which is essential for games.
• Interoperability: In-game items can be used across different games within the ecosystem.
• User-friendliness: Traditional gamers can participate without having to manage complex crypto wallets.

Disadvantages of XAI.

• Market volatility: As with many new crypto projects, the price of Xai can be volatile, especially with the release of tokens to early investors and team members.
• Competition: The blockchain gaming industry is competitive, and Xai will need to differentiate itself to achieve long-term success.
• Dependency on adoption: The success of Xai is strongly dependent on the adoption by game developers and gamers.

Who is the founder of Xai?

Xai is developed by Offchain Labs, the team behind the Arbitrum technology. The project is a continuation of their mission to make blockchain technology more accessible and useful for traditional gamers. Offchain Labs continues to support Xai with technical resources and infrastructure, contributing to the reliability and growth of the network.

Xai represents a promising development within the blockchain gaming sector, and its success will largely depend on the adoption and performance of the network in the coming years.

Expectations for the upcoming period.

Experts expect a minimum price of €0.7600 in 2026 and a minimum price of €2.53 in 2031.

Frequently asked questions