Learn about Arbitrum’s gaming ace, XAI, in one article

Yesterday, January 3, 2024, Binance announced its latest Launchpool project - XAI. According to the official website, XAI is a block developed for large-scale adoption Game public chains, however, game public chains are not a new concept. Among many game public chains, as a rising star, what background and strength does XAI have to be listed on Binance for the first time? Opening the document and introducing the last sentence makes people understand the secret, "Xai is developed by Offchain Labs leveraging Arbitrum technology." It turns out that XAI is the Arbitrum Orbit L3 public chain directly supported and assisted by Offchain Labs, the development team behind Arbitrum.

This week’s CryptoSnap Dr.DODO will take you to learn about the features of this L3 game chain officially supported by Arbitrum!

Technical basis

To understand the technical basis of XAI, you must first understand Arbitrum Orbit L3 public chain, Dr. DODO also introduced it in Megascope last June. Simply put, Arbitrum Orbit is an L3 upgrade based on Arbitrum L2 Rollup. It serves as an expansion solution for the settlement layer and allows developers to click on it. chain, and XAI is the Orbit L3 chain built on Arbitrum Nitro. Arbitrum Nitro directly compiles the core of Geth through the base layer of the client software, greatly improving the compatibility of Ethereum. In addition, there are built-in modules such as BOLD and Stylus. BOLD implements permissionless fraud proof and can significantly reduce withdrawal delays; Stylus supports multi-language development, which not only improves efficiency but also enables seamless migration from other chains to Arbitrum.

It can be said that Nitro provides a stable, secure and efficient foundation for Xai. Seamless interoperability with Arbitrum One and Nova also allows Xai to directly connect to richer ecological resources. Compared with building an independent public chain alone, XAI uses Arbitrum's ready-made infrastructure to make its development more efficient.

Token Economy

Arbitrum Orbit gives the L3 public chain considerable freedom, including The consensus mechanism, governance model, gas fee token selection, economic model and other aspects are all highly autonomous. Therefore, XAI can design a unique token economic model, using the esToken dual-token model similar to GMX, the native token XAI and the staked version esXAI constitutes a deflationary dual-token system. The two can be exchanged for each other, and the exchange ratio changes over time. Node operators provide infrastructure for the ecosystem.

XAI Token Allocation

The total supply of XAI It is 2.5 billion, and the initial allocation is as follows:

• Team and early contributors: 20% The tokens are gradually unlocked over 42 months.

• Investors: 22.41% of tokens unlocked within 30 months.

• Ecosystem: 2% will be unlocked immediately for market making, and 5.5% will be unlocked within 42 months for ecological construction.

• Point reward: 50.1% The proportion of rewards issued in the form of esXAI and redeemed for XAI changes with the unlocking time.

Source: https://xai-foundation.gitbook.io/xai-network/xai-blockchain/ xai-tokenomics

Game ecology

Then we talk about the most important issue of the game public chain - Game ecology, according to the official website, there are currently five games in preparation. The first one to be released will be the card battle game Final Form, which provides an immersive experience integrating cards, Roguelite and combat. , players can evolve cards to participate in alliances and win rewards. It is developed by Ex Populus Studio, which is composed of several former developers from major game companies. Ex Populus is also an official game developer cooperated by XAI. It will provide services to the ecosystem under the guidance of the foundation and be responsible for the development part of the game.

In addition to Ex Populus, XAI has also reached strategic cooperation with multiple industry leaders, including Tencent, Animoca Brands, etc. These partners bring a wealth of game resources and channel support to XAI. It is foreseeable that a number of outstanding works will emerge in the XAI ecosystem in the future, creating a game world with depth and breadth from multiple dimensions.

Source: https://xai.games/

Strategic Positioning< /h3>

The launch of XAI also shows the fierce competition between Arbitrum and Optimism. Faced with Optimism’s aggressive expansion into the OP Stack Layer 2 market,Arbitrum chose to vertically enter the third-layer blockchain in the gaming field. This highly customized strategy not only significantly improves performance, but also better meets the needs of game users.

As a strategic move for Arbitrum, Xai has injected strong growth momentum into it and is expected to open up new growth space. Rather than competing head-on with Optimism, Arbitrum’s choice of vertical integration to avoid the red ocean and go straight into the blue ocean also demonstrates the market insight and determination of the Arbitrum team.

Source: https://abmedia.io/arbitrum-orbit-is-ready-for-release

Author’s opinion

As the Cancun upgrade day gets closer, many tokens in the ETH Rollup ecosystem have also begun to rise. $Arb, which was once jokingly called a stable currency, has also quietly doubled. As Arbitrum’s biological son XAI and the addition of Binance’s yellow robe, its value has increased even more.

XAI is becoming a new star in the field of blockchain games with its technological innovation, economic mechanism design and application expansion. Its valuation can be compared with Myria or even Gala of the same type. Of course, a good background does not necessarily lead to good products. This part will test how the team can attract more high-quality game studios to develop games on XAI. If the game ecosystem is successfully built, XAI's user base and commercial value will increase geometrically, which will also verify Arbitrum's competitive strength in the Layer 2 market and gamers will also benefit from a more convenient and smooth gaming experience.