XAI was launched on HotsCoin on January 9. XAI is a permissionless Orbit chain built on the Arbitrum Nitro technology stack. It focuses on innovation in the gaming industry and is a representative of the third layer. XAI is currently open for trading on HotsCoin.
1. Project Overview
1.1 XAI (XAI)
1.1.1 Basic information
XAI is a permissionless Orbit chain built on the Arbitrum Nitro technology stack. It focuses on innovation in the gaming industry and is a representative of the third layer. XAI plans to bring new possibilities to the gaming ecosystem by providing support for increased contract size, account abstraction and other features that attract game developers.
1.1.2 Release information
Date: January 9, 2024
Online platform: Binance
Trading pairs: XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, XAI/TRY
2. Technical features
2.1 Layer3 solution
XAI uses the Arbitrum Nitro technology stack and is a permissionless Orbit chain. The chain is built on Layer 3 of Arbitrum Layer 2 and is called Orbit Chain. This technical solution has the following characteristics:
1. Leverage the Nitro technology stack
2. Simple chain sending process
3. Interoperability with the Arbitrum ecosystem
4. Instant updates
5.EVM+ compatibility, supports multiple programming languages
6. Different from other chains, Xai benefits from the direct technical support of Offchain Labs
3. Token Economics
3.1 Token information
Token name: XAI
Function: Gas fee, verification node reward, main token of the game ecosystem
Derivative token: esXAI, used for staking to obtain various benefits
3.2 Pledge mechanism
Pledge purpose:
Income account: Stake esXai to get more esXai income
Cultural Account: Staking to participate in exclusive game-related activities and NFTs
Governance account: pledge to obtain DAO governance rights
3.3 Supply
Total XAI supply: 2.5 billion
Initial allocation:
Team: 20%
Investors: 22.41%
Ecosystem: 7.5%
4. Game Ecology
XAI focuses on improving the accessibility of Web3 games, reducing gas costs, and promoting creative game design. Unlike other blockchain games, XAI supports multiple game types and mechanics, encouraging developers to provide engaging experiences. Partnered with Thirdweb for seamless integration of wallet management.
4.1 Game cooperation
Games that have been cooperated with: Final Form and five other games
Features: Support diverse game types, encourage creativity, and lower the threshold for players
5. Teams and partnerships
5.1 Key entities
5.1.1 Xai Foundation
Responsibilities: Blockchain infrastructure custody, XAI token issuance management, ecosystem support
5.1.2 Ex Populus
Responsibilities: The first game developer on the Xai blockchain, responsible for game development and innovation, and working with the foundation to ensure the stability of the game ecosystem
5.1.3 Offchain Labs
Responsibilities: Focus on solving Xai blockchain development issues and provide technical support for the ecosystem
5.2 Core Contributors
Main Contributors: Thirdweb and Paima Studios
Contributions: Customized account abstraction technology, payment system, and development of first-class Web3 games
6 Conclusion
As a game-centric Layer 3 chain built on the Arbitrum technology stack, XAI brings innovation to blockchain games through unique technical solutions, powerful token economics, and close collaboration with game developers. It is committed to improving user experience and promoting the development of the game ecosystem. It is an important project worthy of attention in the field of Web3 games.
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