Xai (XAI), the 43rd project on Binance Launchpool, is the first Layer 3 network developed on the Arbitrum chain. It’s built on top of Ethereum’s Layer 2 scaling solution, Arbitrum, and aims to be a hub for blockchain-based games rather than a standalone blockchain.
The network offers higher transaction speeds and lower costs while leveraging Ethereum’s robust foundation for enhanced security and reliability. Xai facilitates the easy acquisition and trading of in-game items without the need for complex crypto wallets, merging the traditional gaming industry with the Web3 space.
Xai is an open and decentralized network where anyone can operate a node, earn XAI coin rewards, and participate in ecosystem governance. The native currency of the Xai network, XAI coin, serves several critical functions including transaction fee payments and governance participation.
XAI coin holders have a say in the network’s development through voting on significant proposals and decisions. Rewards in XAI coin are given to participants who operate nodes within the network.
XAI coin can be securely purchased and sold on the leading cryptocurrency exchange Binance. It was listed on Binance on January 9, 2024, and is available in various trading pairs. To buy XAI coins, users must first register on Binance, deposit funds, and then complete the purchase through the desired trading pair interface.