XAI

1. Project introduction

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

2. Investment institution

Akatsuki Inc, Gerstenbrot Capital, Blockwall Digital Assets, Citizen X, Fisher 8 Capital, Animoca Brands

3. Application

Token application:

1）XAI is the gas fee token on the Xai L3

2）XAI is redeemable for esXAI

esXAI is non-transferable and its utility is focused on staking for a variety of benefits.

esXAI is used to reward Sentry node operators and provide operators with a variety of benefits.

Staked esXAI provides the following benefits:

Yield Account: Operators with esXAI staked in the yield account will increase their yield of esXAI.

Culture Account: Operators can stake esXAI to get access to special events and NFTs associated with games deployed to Xai Blockchain.

Governance Account: Operators can stake for DAO governance rights, including proposals for DAO/Foundation treasury.

Please note that the full name of XAI on CoinEx is Xai. Please be sure to distinguish the correct token before trading to avoid confusion.