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 XAI_USDT	whitebit	BB	0.007820USDT	1.03%	28,889,074.00XAI	9,918	0.007740USDT	0.007880USDT
2	XAI-USDT XAIUSDT	bybit	A	0.007808USDT	0.75%	23,519,119.62XAI	8,541	0.007750USDT	0.007865USDT
3	XAI-USDT XAIUSDT	binance	AA	0.007800USDT	0.65%	10,446,277.40XAI	1,882	0.007750USDT	0.007870USDT
4	XAI-TRY XAITRY	binance	AA	0.3884TRY	1.07%	7,612,537.10XAI	1,156	0.3842TRY	0.3905TRY
5	XAI-USDT XAIUSDT_SPBL	bitget	BB	0.007825USDT	1.02%	752,004.06XAI	392	0.007746USDT	0.007856USDT
6	XAI-USDT XAI_USDT	gateio	A	0.007859USDT	1.17%	419,720.00XAI	152	0.007768USDT	0.007859USDT
7	XAI-USDT XAI-USDT	kucoin	BB	0.007870USDT	0.77%	226,233.50XAI	77	0.007810USDT	0.007870USDT
8	XAI-USD XAI_USD	cryptodotcom	AA	0.007722USD	0.73%	7,500.00XAI	3	0.007666USD	0.007722USD
9	XAI-USD XAIUSD	cexio	BB	0.007725USD	0.70%	3,338.80XAI	1	0.007671USD	0.007725USD
10	XAI-USDC XAIUSDC	cexio	BB	0.007679USDC	-0.41%	2,946.00XAI	1	0.007711USDC	0.007711USDC
11	XAI-USDT XAIUSDT	cexio	BB	0.007673USDT	0.26%	2,553.20XAI	1	0.007653USDT	0.007673USDT
12	XAI-USDT xai_usdt	lbank	C	0.007810USDT	0.64%	132,981,933.70XAI	84,139	0.007760USDT	0.007860USDT
13	XAI-USD XAI-USD	btse	-	0.007760USD	0.65%	39,560,340.57XAI	42,020	0.007710USD	0.01007USD
14	XAI-THB THB_XAI	bitkub	C	0.2648THB	0.51%	23,503,723.32XAI	8,539	0.2634THB	0.2665THB
15	XAI-KRW XAI_KRW	bithumbkorea	-	10.34KRW	1.08%	10,655,118.77XAI	525	10.23KRW	10.35KRW
16	XAI-USDT XAI_USDT	bitunix	C	0.007810USDT	0.77%	9,113,306.70XAI	5,868	0.007750USDT	0.007860USDT
17	XAI-USDT XAIUSDT	mexc	C	0.007823USDT	0.93%	7,384,424.92XAI	3,051	0.007751USDT	0.007858USDT
18	XAI-USDT XAI-USDT	bingx	D	0.007820USDT	0.77%	4,002,696.85XAI	4,475	0.007760USDT	0.007860USDT
19	XAI-USDT XAI_USDT	bydfi	-	0.007800USDT	0.00%	1,607,477.91XAI	2,923	0.007800USDT	0.007900USDT
20	XAI-USDT xai_usdt	xtpub	-	0.007830USDT	1.03%	1,044,759.20XAI	702	0.007750USDT	0.007870USDT
21	XAI-EUR XAI-EUR	bitvavo	B	0.007038EUR	0.93%	643,258.95XAI	39	0.006973EUR	0.007038EUR
22	XAI-USDT XAI-USDT	btse	-	0.007860USDT	1.03%	220,716.47XAI	1,044	0.007780USDT	0.007889USDT
23	XAI-USDT xai_usdt	digifinex	D	0.007830USDT	0.90%	70,977.10XAI	729	0.007760USDT	0.007849USDT
24	XAI-USDT XAIUSDT	bitrue	D	0.007800USDT	0.00%	52,273.90XAI	118	0.007800USDT	0.007800USDT
25	XAI-USDC XAI-USDC	btse	-	0.007800USDC	0.91%	16,782.37XAI	769	0.007730USDC	0.007870USDC
26	XAI-INR XAIINR	coindcx	-	0.7704INR	-4.21%	12,108.97XAI	22	0.8043INR	0.8043INR
27	XAI-USDT XAI_USDT	cryptology	D	0.008410USDT	0.00%	0XAI	0	0.008410USDT	0.008410USDT
28	XAI-USDC XAI_USDC	cryptology	D	0.008380USDC	0.00%	0XAI	0	0.008380USDC	0.008380USDC