What is XAI Game (XAI)?

Introduction

Traditional gaming is characterized by in-game items being owned and controlled by game developers. This has brought about the need to empower gamers by allowing them to own and control these in-game items leveraging blockchain technology. However, most blockchain games tend to pile more woes to the existing problem through high gas fees, instability, wallet interaction hassles, complex gaming, and economical designs, amongst other issues.

XAI Games was developed to provide a seamless gaming experience to billions of traditional gamers, leveraging blockchain technology to facilitate secure ownership, trading, and interoperability of in-game items without worrying about wallet management and blockchain interactions. This is achieved by abstracting and handling wallet connections and other complex blockchain interactions in the backend, enabling gamers to enjoy gaming as it is meant to be. It is important to note that XAI Games doesn’t require players to use crypto-wallets, making it more accessible to a broader audience.

What is XAI Game (XAI)?

Xai is a blockchain built with gamers in mind. It enables gamers to trade items in mainstream games without crypto wallets, simplifying blockchain access for gamers. XAI Games aims to bring blockchain gaming to the masses by solving the problems of high gas fees, unstable networks, and poor user experience.

The Xai blockchain leverages Ethereum’s security and Arbitrum’s scalability to create a Layer-3 blockchain that supports and provides a variety of gaming use cases. Through innovative developments and partnerships, XAI Games paves the way for the widespread adoption of blockchain gaming, ushering in a new era of accessible and immersive gameplay.

XAI Games also introduces Sentry Nodes and Sentry Keys, which are mechanisms to monitor and reward the network participants. The first games to launch on XAI Games are Final Form and LAMOverse, which are sci-fi and fantasy-themed games, respectively.

XAI Games: Final Form and LAMOverse

Ex-Populus, a Web3 game development studio, is the game publisher for XAI Games. Backed by Animoca Brand, ENJIN, etc, it delivers compelling and entertaining games at the highest quality standards. Gamers can enjoy immersive and interactive stories and worlds. Ex-Populus consists of a team of veterans from top brands like Netflix, Marvel, and Disney, amongst others in the gaming and entertainment industries.

Source: Ex-Populus

Final Form and LAMOverse are the first games to be deployed on Xai by Ex-Populus.

Final Form

Final Form is a game that combines trading cards and auto-battling. Auto-battling here means players do not control their units directly but instead set them up before the battle and watch them fight automatically. Trading cards are digital or physical cards representing characters, items, abilities, or other elements in a game. They can be collected, traded, sold, or used in various games. Often, trading cards have different attributes, such as rarity, power, and abilities, that affect their value and performance.

Final Form combines these two genres by allowing players to use their trading cards in auto-battling matches, winning more cards, chromos, and rewards. Chromos is the in-game currency you can use to evolve your cards to higher tiers and increase their power.

Final Form: Game Story and Theme

The game is set on a distant alien planet, where a mysterious obelisk known as the “God’s Tooth” has created a dimensional rift that pulls characters from many different dimensions to battle in an interdimensional arena. Only a few will reach their “Final Form.” The game features various limited edition card sets made in collaboration with famous artists, celebrities, and athletes, such as Oscar-nominated Calabash, former World Heavyweight Champion Mike Tyson, and more to come.

Gameplay

Final Form features a “cinematic auto-battling” experience, where players can watch their choices unfold in real-time. Players will use free limited edition cards, summoned companions, mutates, and relics to build increasingly powerful battle decks. Players can also evolve their cards to Legendary rarity using Chromos (a reward for battles). The evolution of cards demands sacrifice, as users have to burn cards to grow, thus creating scarcity. Moreover, losing a match in Final Form means losing all your cards except the limited editions, which adds a high-risk, high-reward element to the game.

Source: Ex-Populus

Trading Card System

The game uses the Ex Populus Trading Card System, a standard rule to determine card rarity, health, attack, abilities, and more. The system is designed to maximize versatility, catering to a wide range of potential trading card games. The system also allows for scalability, based on demand and engagement, with levers in place to maintain an equilibrium. The system includes four rarity tiers: Common, Rare, Epic, and Legendary.

Source: Ex-populus

The system also has an active supply cap for each set of trading cards, meaning that the supply of a given set can never exceed a certain amount. However, because cards are burned and subsequent mints of second or third editions are possible, the supply caps exclude the previously burned cards and only count the current active cards in circulation. The Active Set Total is 124,800, with the Active Supply Caps Per Set is distributed as follows:

• Common: 100,000
• Rare: 20,000
• Epic: 4,000
• Legendary: 800

LAMOverse

Source: Ex-Populus

LAMOverse, on the other hand, is an online multiplayer game that is still under development, and its release will be announced soon. The game offers different modes, such as Arena PvP modes like Battle Royale, Capture The Flag, and Nexus.

It has an open-world mode where players can explore a fantasy archipelago, follow a story, and build their own islands. The game revolves around digital collectibles called “LAMOs,” which are the characters that players can use.

Source: Ex-Populus

Brief History of XAI Games

XAI Games has been very intentional with its focus on building a community from the grassroots. Here, we’ll look at its earliest beginnings, running through a timeline of important dates.

On August 28, 2023, the Xai Foundation announced the launch of its Testnet—The Xai Odyssey. This campaign aimed to educate its community about the features and benefits of the Xai blockchain while testing the chain’s capacity. This also enabled community members to accumulate points and unlock new roles, of which “The Vanguard” was the highest attainable role. The Odyssey spanned 45 days with activities cutting across five (5) distinct categories viz; Introduction & Onboarding, Gaming & Deploying NFT projects, Gaming & Deploying dApps, Gaming & Deploying GameFi.

Xai Foundation, on November 22, 2023, citing data from Blockscout, announced that the blockchain had over 60 million transactions on its testnet, with over 3 million transactions per day, which at that time was about three times greater than Ethereum’s daily transaction volume. These numbers showed Xai’s product-market solid fit and a loyal and engaged user base.

The Sentry Nodes sale went live on December 7, 2023. Node validators interested in participating needed to acquire Sentry keys to operate a node within the network. The initial price for purchasing these keys was 0.133 ETH (on the Arbitrum network). Eventually, the price reached as high as 1 ETH, resulting in nearly $30 million in total sales.

On January 9, 2024, XAI Games distributed 25 million XAI tokens (equivalent to 5% of the total supply) to its community through an airdrop. The recipients included XAI NFT holders (Vanguard and Legendary) and Sentry node operators. Vanguard NFT holders received 1307 XAI tokens per NFT, Legendary NFT holders received 290 XAI tokens per NFT, and Sentry node operators received 1658 XAI tokens per node/key.

Source: XAI Games X Account

Though the founders of XAI Games are anonymous (for now, at least), the project is believed to be associated with the very best teams in the blockchain space. Key contributors include;

• XAI Foundation: Supports the integrity and growth of the Xai blockchain by fostering collaboration, innovation, and financial support within the gaming community.
• Offchain Labs: Primary developer behind XAI Games, providing technical expertise.
• Ex-Populus: Game developer partnering with XAI Games to deploy the first games of the network.
• Thirdweb: An official infrastructure provider of all games on the Xai network. In 2023, Thirdweb launched Web3 Warriors (W3W), an on-chain survival game on the Xai Testnet that allows players to collect different NFT items ranging from armor skins, weapons, and pets while defeating enemies and advancing in levels.

How Does XAI Games Work?

To understand how XAI Games works, it is pertinent to grasp some underlying technologies governing the development of the Xai blockchain.

Firstly, Ethereum is a decentralized layer 1 blockchain that enables developers to build and deploy smart contracts and decentralized applications (dApps), which allows for transactions in a peer-to-peer manner, thereby eliminating the need for intermediaries. However, Ethereum faces two major challenges, which are high gas fees and slow transaction speeds due to its growing popularity and network congestion.

Secondly, built on Ethereum, Arbitrum addresses Ethereum’s scalability issues by providing a layer 2 scaling solution. This is done through a unique technology stack (Nitro) and architecture to increase transaction throughput while reducing gas fees. Its optimistic roll-up approach allows off-chain computation, batching transactions into a single on-chain submission, significantly enhancing efficiency. Arbitrum Orbit is one of Arbitrum’s product offerings that allows users to create their own custom L2 or L3 chains using Arbitrum technology. Orbit chains can be tailored to specific use cases and business needs, such as throughput, privacy, governance, etc.

Xai blockchain leverages Ethereum’s security and Arbitrum’s scalability to create a layer 3 blockchain (Orbit chain) built to empower and enable real economies and open trading in video games. Further, Xai blockchain supports and provides a variety of gaming use cases.

Xai Games, built on the Xai chain, considers high gas fees, unscalable blockchains, monetary-focused game designs, and wallet interaction hurdles are among the numerous limitations holding back the mass adoption of blockchain gaming. Thus, handling these challenges and having gamers worry less about them is vital to the mass adoption of Web3 games. Its value propositions include;

• Relegating wallet management and blockchain interaction to the backend of gaming applications to enable users to harness the benefits of blockchain technology even if they aren’t natives.
• Reducing gas fees via gas fee subsidy, hence making it cheaper for users to play their favorite games.
• Ensuring blockchain stability and providing an enabling environment for a seamless gaming experience without downtimes.
• Prioritize gaming experience as well as in-game tokenomics and incentives.
• Providing a seamless wallet integration that allows gamers to focus solely on playing games, as this is already catered for.

Sentry Nodes and Sentry Keys

A Sentry Node functions as a vigilant observer within the Xai blockchain, tasked with monitoring the Xai rollup protocol’s operations. Should anyone attempt to propose an incorrect block, such as a fraudulent transaction, the Sentry Node promptly raises the alarm to alert network participants.

Network users can run a Sentry Node via a laptop, desktop, or cloud-based system. By keeping the node operational, operators can earn rewards, known as esXai tokens, from the network. Node validators can stake their tokens to earn more rewards. esXAI can be converted on a 1:1 ratio to XAI.

On the other hand, a Sentry Key is a digital credential (non-transferable NFTs) required to run a Sentry Node within the Xai blockchain and earn rewards in return. Acquiring a Sentry Key involves sending the appropriate amount of Ether (Arbitrum) to the purchasing address. The total supply of Sentry keys is 50,000.

What is XAI Token?

XAI is the native utility token of the Xai Games ecosystem. Its use cases include payment of transaction fees within the network, purchasing in-game items, and rewarding node operators.

XAI Tokenomics

Source: Xai Games

With a maximum supply of 2.5 billion tokens (XAI and esXAI combined) and 50,000 Sentry keys, XAI’s tokenomics provides an outline that supports transparency, integrity, and equilibrium for users and developers in the ecosystem. A breakdown of token allocation obtained from the project’s documentation is given as follows;

Nodes, Community & DAC

50% of the total supply of XAI is solely to incentivize the community: To Sentry node operators for maintaining the network’s consensus, developers, users, and ecosystem supporters, and to the Data Availability Committee (DAC) on the Xai network.

Team

The core team and early contributors received 20% of the total supply. This allocation will start to vest 6 months after TGE and will continue for 36 months. However, the total vesting period is 42 months.

Investors

Investors in early rounds acquired 22.41% of the total supply. This allocation will start to vest 6 months after TGE and will continue for 24 months. The total vesting period is 30 months.

Ecosystem

2% of the total supply was earmarked for market makers. The allocation will be unlocked immediately at TGE. 5.5% of the total supply was also reserved for the ecosystem. The allocation will begin unlocking 6 months after TGE and will unlock for over 36 months.

Dual Token Structure: esXAI and XAI

Having discussed the XAI token, it is pertinent that we understand esXAI and its utility in the Xai network. XAI and esXAI are tokens that power the Xai ecosystem. While XAI is transferable, esXAI is a non-transferable token to incentivize Sentry node operators. It can also be staked for various benefits in the Xai ecosystem. These benefits include; increased yields of esXAI, access to exclusive perks in the Xai ecosystem, and governance rights.

Is XAI Token a Good Investment?

Gaming is one of the most sought-after narratives in the blockchain space and XAI’s strong use cases and enticing gaming features make it stand out. Also, its vibrant community, and partnerships with leading companies in the space viz Arbitrum, and Ex-Populus, and staying true to its roadmap points to the fact that the project is here for the long term.

Source: XAI Games X account

With its low market capitalization (as of the time of writing) and affordable token price, XAI Games presents an undervalued asset with significant growth potential. Additionally, the steady increase in daily trading volume further enhances XAI’s appeal. Thus, investing in the XAI may present an enticing opportunity for potential returns; however, it’s important to understand that cryptocurrency markets are highly volatile and subject to fluctuations in value. While the potential for profits exists, investors should be aware that all investments carry inherent risks. So, before making any investment decisions, you should conduct thorough research and carry out due diligence.

How to Own XAI?

To own XAI, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified, and funded. Then you are ready to go through the steps to buy XAI.

Highlights

Laguna Games Migration to Xai Blockchain

Blockchain game developer Laguna Games announced plans to migrate Crypto Unicorns and related NFT games from Polygon to Xai. Laguna Games cited high gas fees and friction for players on Polygon as a major reason for this move to Xai, which offers a gas subsidy and a smoother gaming experience. This migration plan involved porting over more than 25 smart contracts that power Crypto Unicorns NFTs and gameplay logic, in a staged rollout that may include some airdrops and incentives for players.

XAI airdrop for Sentry Key Holders

Following its goal of building a project that has the interest of its community, a special $XAI airdrop was announced for Sentry Node Key holders to celebrate the Lunar New Year, in February 2024. Participants received 88 $XAI tokens for their first Key, with an additional 8 $XAI for each extra Key held. Eligibility required verification as a Sentry Key holder, completion of KYC, and sharing enthusiasm for $XAI via Twitter. Following this, participants have a 30-day claiming period starting on February 24, 2024, aligning with the Chinese Lantern Festival, to claim their XAI tokens.

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