Xai, came to the fore again with its launch as the 43rd project on Binance Launchpool. However, the project was also described as a notable project in the blockchain gaming space. Here are some detailed aspects of the project:
Blockchain Foundation: Xai is also known as Arbitrum’s first project operating as a Layer 3 network. This layer is specifically designed for gaming applications in the blockchain ecosystem.
Tokenomics: The total token supply for XAI is set at 2.5 billion. The token standard follows the ERC-20 protocol and distribution focuses on nodes, community, investors, development team and ecosystem support.
Blockchain Gaming Focus: Xai’s primary goal is to integrate traditional games with blockchain technology. It aims to attract traditional players to blockchain gaming by providing a seamless experience that includes features such as open trading, interoperability, composability, and item ownership.
User experience: The project emphasizes removing the complexity of crypto wallets for players and thus simplifying the transition from traditional games to blockchain-based games. This approach aims to scale blockchain gaming to a wider audience.
Binance Announces 43rd Launchpool Project: Listing for Gaming Altcoin is on the Way!
Latest Developments and News
Launchpool Participation: The project was announced on Binance Launchpool, allowing users to deposit BNB, FDUSD, and TUSD to collect XAI tokens. This development marked a significant milestone for Xai and highlighted its increasing integration within the crypto ecosystem.
Initial Exchange Offering (IEO): Xai held its IEO between January 5 and January 8, 2024. This event was crucial for the financing of the project and the initial public offering of the XAI token.
Remarkable Road Map
2023: Launch of Sentry Node, part of Xai Testnet’s Odyssey campaign and initial testing phase and network security development.
Early 2024: Mainnet launch, token redemptions and staking opportunities for esXAI.
Mid 2024: Partnerships with leading DEX projects and game developers, as well as the launch of “Final Form”, the network’s first game, a trading card game played entirely on-chain.
In conclusion
Xai represents a significant attempt to bridge the gap between traditional gaming and blockchain technology. Its focus on a user-friendly interface and integration into popular gaming platforms positions it as a potential catalyst in the popularization of blockchain gaming. The project’s relationship with Binance and its ambitious roadmap underscore its commitment to becoming a major player in the evolving landscape of blockchain-based games.