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XAI is a cryptocurrency that belongs to the Layer 3 blockchain in the Arbitrum ecosystem, specifically designed for the gaming industry. Here are the key features and information about XAI:
Design Purpose: XAI aims to provide a decentralized solution for the gaming industry, enabling real-world economy and open trade.
Technical Foundation: XAI is based on Arbitrum technology, utilizing the Nitro technology stack to enhance transaction efficiency and network scalability.
Token Model: XAI comes in two forms: XAI and esXAI. XAI is a tradable token, while esXAI is non-tradable and non-transferable, primarily used for staking and rewards.
Token Allocation: The total supply of XAI is 25 billion, with 50.1% allocated to the community, Sentry node operators, and Data Availability Committee (DAC), 22.4% to investors, 20% to team members, and 7.5% for ecosystem development and maintenance.
Ecosystem: XAI has established a fully decentralized ecosystem, dedicated to driving innovation and growth in the gaming industry. It offers a simplified wallet and account experience, supporting game developers and players.
Staking Mechanism: Users can stake XAI to earn esXAI rewards. esXAI holders have priority access to all games in the XAI ecosystem and can participate in staking pools.