Question 1

What is Xai (XAI)?

Accepted Answer

Xai (XAI) is a cryptocurrency linked to the Xai Blockchain, developed by Offchain Labs and managed by the Xai Foundation. This blockchain is specifically tailored for web3 gaming, addressing the unique needs of this sector on a large scale. It offers features that cater to both traditional gamers and developers, such as an abstracted wallet and account experience for gamers, and increased gas and contract limits for developers. The Xai Blockchain is designed to be fully decentralised, fostering trust and transparency within its ecosystem. It also leverages the robust security measures of Ethereum to enhance its defence against potential cyber threats, including hacks and vulnerabilities.

Question 2

What is Xai (XAI) used for?

Accepted Answer

Xai (XAI) serves as the token of record for the Xai Blockchain, with its utility aligning with that of traditional tokens on popular Layer 1 (L1) and Layer 2 (L2) blockchains. The token is fully transferable, enhancing its versatility and accessibility within the blockchain ecosystem. A key function of Xai tokens is serving as the gas fee token on the Xai Blockchain, which is a Layer 3 (L3) network. This role is crucial as it facilitates transactions on the network by compensating for computational resources. Additionally, Xai tokens are used to reward validator nodes for maintaining network integrity and security. Beyond these functionalities, Xai tokens have a significant role within the gaming ecosystem of the Xai Blockchain. They are accepted as payment for games and in-game items, thereby integrating them into the economic fabric of the gaming world. Furthermore, Xai tokens are redeemable for esXAI, adding another layer of utility to their role within the Xai ecosystem.

Question 3

Who created Xai (XAI)?

Accepted Answer

Xai (XAI) and its associated blockchain technology were created by Offchain Labs, a company specialising in blockchain development, with a focus on enhancing the efficiency and capabilities of decentralised networks. The Xai Blockchain and the development and implementation of the Xai token are overseen by the Xai Foundation, which governs the blockchain and ensures its alignment with the requirements and aspirations of the web3 gaming community.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	XAI-USDT XAIUSDT	binance	AA	0.007920USDT	3,39%	59.234.485,40XAI	12.402	0.007660USDT	0.008080USDT
2	XAI-TRY XAITRY	binance	AA	0.3857TRY	3,68%	38.523.662,60XAI	3658	0.3720TRY	0.3990TRY
3	XAI-USDT XAIUSDT	bybit	A	0.007927USDT	3,30%	22.318.906,10XAI	7703	0.007674USDT	0.008104USDT
4	XAI-USDT XAI_USDT	whitebit	BB	0.007939USDT	3,66%	17.023.638,70XAI	7490	0.007660USDT	0.008100USDT
5	XAI-USDT XAI_USDT	gateio	A	0.007922USDT	3,29%	4.233.809,00XAI	1794	0.007671USDT	0.008076USDT
6	XAI-USDT XAI-USDT	kucoin	BB	0.007939USDT	3,66%	2.336.211,50XAI	376	0.007660USDT	0.008090USDT
7	XAI-USDT XAIUSDT_SPBL	bitget	BB	0.007920USDT	3,27%	2.187.157,02XAI	1128	0.007669USDT	0.008087USDT
8	XAI-USD XAI_USD	cryptodotcom	AA	0.007938USD	2,57%	17.500,00XAI	7	0.007739USD	0.008059USD
9	XAI-USD XAIUSD	cexio	BB	0.008076USD	4,81%	2679,60XAI	1	0.007705USD	0.008076USD
10	XAI-USDC XAIUSDC	cexio	BB	0.007716USDC	5,33%	2488,20XAI	1	0.007326USDC	0.007716USDC
11	XAI-USDT XAIUSDT	cexio	BB	0.007903USDT	7,52%	1914,00XAI	1	0.007350USDT	0.007903USDT
12	XAI-USDT xai_usdt	lbank	C	0.007930USDT	3,39%	127.324.933,20XAI	82.544	0.007670USDT	0.008090USDT
13	XAI-USD XAI-USD	btse	-	0.007950USD	4,06%	42.594.038,49XAI	51.805	0.007640USD	0.008100USD
14	XAI-KRW XAI_KRW	bithumbkorea	-	10,55KRW	1,05%	23.740.198,80XAI	1240	10,44KRW	10,78KRW
15	XAI-THB THB_XAI	bitkub	C	0.2613THB	3,14%	20.473.962,37XAI	6975	0.2534THB	0.2708THB
16	XAI-USDT XAIUSDT	mexc	C	0.007924USDT	3,54%	13.378.216,26XAI	3065	0.007653USDT	0.008081USDT
17	XAI-USDT xai_usdt	xtpub	-	0.007920USDT	3,39%	11.783.666,10XAI	4680	0.007660USDT	0.008080USDT
18	XAI-USDT XAI_USDT	bitunix	C	0.007910USDT	3,40%	9.342.844,90XAI	6456	0.007650USDT	0.008080USDT
19	XAI-USDT XAI-USDT	bingx	D	0.007920USDT	3,39%	6.270.859,82XAI	6036	0.007660USDT	0.008090USDT
20	XAI-EUR XAI-EUR	bitvavo	B	0.006876EUR	3,08%	4.974.073,55XAI	262	0.006671EUR	0.007027EUR
21	XAI-USDT XAI_USDT	bydfi	-	0.007900USDT	2,60%	2.071.211,36XAI	2874	0.007700USDT	0.008100USDT
22	XAI-USDT sXAIUSDT	phemex	C	0.006790USDT	0,00%	0XAI	0	0.006790USDT	0.006790USDT
23	XAI-USDT xai_usdt	digifinex	D	0.007920USDT	3,26%	400.114,30XAI	2669	0.007670USDT	0.008070USDT
24	XAI-USDT XAIUSDT	bitrue	D	0.007900USDT	3,95%	382.063,20XAI	1128	0.007600USDT	0.008000USDT
25	XAI-USDT XAIUSDT	coinex	C	0.007882USDT	2,84%	206.473,20XAI	8312	0.007664USDT	0.007998USDT
26	XAI-INR XAIINR	coindcx	-	0.7997INR	3,86%	202.045,80XAI	89	0.7700INR	0.8108INR
27	XAI-USDT XAI-USDT	btse	-	0.007960USDT	4,19%	167.664,64XAI	965	0.007640USDT	0.008090USDT
28	XAI-USDT XAI_USDT	cryptology	D	0.007920USDT	3,13%	134.918,60XAI	134	0.007680USDT	0.008070USDT
29	XAI-USDC XAI_USDC	cryptology	D	0.007930USDC	3,26%	132.579,50XAI	134	0.007680USDC	0.008059USDC
30	XAI-USDC XAI-USDC	btse	-	0.007939USDC	3,52%	14.526,97XAI	819	0.007670USDC	0.008090USDC