XAI: A Quick Overview of Layer3 Blockchain for Scalable Web3 Games and Revenue Calculation
@XAI_GAMES, supported by Arbitrum, aims to simplify the Web3 gaming experience, allowing traditional gamers to easily get started. XAI seamlessly integrates cryptocurrency wallets on the backend to solve operational difficulties, and its unique gas subsidy contract reduces transaction friction for players.
Based on the Orbit architecture, XAI achieves high speed and low cost in a trustless environment. Anyone can run a node, participate in governance decisions, and receive network rewards. The XAI token will serve as the gas consumption for this blockchain. The progressive price auction for XAI nodes in December 2023 has already raised over $20 million for the XAI team.
The core team of XAI comes from the professional gaming studio Ex Populus. In the future, they will launch games such as Final Form and LAMOverse. Additionally, XAI has partnered with the Indian company MIX to introduce over 100 games to this gaming chain. The XAI ecosystem already has partners in DeFi, NFT, cross-chain, and other infrastructure.
Market estimation:
The circulating supply of XAI tokens is 270 million (11.08% of the total supply). Based on the current market conditions and project quality, the price could range from $0.5 to $1.5. In comparison, the circulating market value of Myria, another gaming chain, is nearly $100 million, and Beam's circulating market value is $1 billion.
Important notes ⚠️
The total supply of XAI tokens is 25 billion (but not exceeding 10 billion before 2026).
XAI's investor unlock is in mid-2024. The conditions for converting EsXAI to XAI are 1:1 for 180 days and 1:0.25 for 15 days. The conversion from EsXAI to XAI is not yet open.
Refer to the image for revenue calculation, and feel free to join the discussion on TG: https://t.co/uB0u0bwJRK
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