Xai Price

XAI is a cryptocurrency that belongs to Layer 3 blockchain in the Arbitrum ecosystem, specifically designed for the gaming industry. Here are the main features and information about XAI:

1. Design Purpose: XAI aims to provide a decentralized solution for the gaming industry, enabling real economy and open trade.

2. Technical Foundation: XAI is based on Arbitrum technology, using Nitro technology stack to improve transaction efficiency and network scalability.

3. 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.

4. Token Distribution: The total supply of XAI is 2.5 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.

5. Ecosystem: XAI has established a fully decentralized ecosystem, dedicated to innovation and development in the gaming industry. It provides a streamlined wallet and account experience, supporting game developers and players.

6. Staking Mechanism: Users can exchange XAI for esXAI for staking and earning rewards. esXAI holders have priority access to all games in the Xai ecosystem and participate in staking pools.

• Team and Foundation: XAI is developed by Offchain Labs using Arbitrum technology, and Xai Foundation is dedicated to advancing the development and innovation of the blockchain gaming ecosystem.