In the rapidly evolving landscape of Web3 and blockchain gaming, staying ahead of the curve is paramount. Enter Xai Protocol, a revolutionary force spearheading the convergence of traditional gaming and blockchain technology. Developing as a Layer 3 protocol within the Arbitrum ecosystem, Xai's ambitions stretch beyond mere transactions and into the fabric of web-native economies. With a laser focus on scalability, user experience, and gamified token utility, Xai Protocol doesn't just represent the future of gaming; it actively shapes it.
Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.
When we talk about the new era of video gaming, decentralized applications, and the blockchain, understanding the layer protocol is crucial. In particular, Layer 3 protocols like Xai aim to establish more specialized and effective processing of transactions on top of the existing blockchain infrastructure, which in this case is Ethereum and its innovative Layer 2 solution, Arbitrum. But what sets Xai apart, and how can it truly change the dynamics within the gaming industry?
At the core of Xai's vision is the democratization of in-game economies making it possible for billions of traditional gamers to participate in a global marketplace for valuable in-game items, owned and traded in Xai's layer-3 ecosystem without the complexity of handling multiple crypto-wallets. Xai's technologies do not stop there; the network heavily relies on community nodes, fostering a decentralized environment where participants can engage in profitable node operation and active governance.
The XAI token serves as the lifeblood of Xai's economy, with its value intrinsically linked to the network's transactional workload. Whether it's used as gas for in-game transactions, to facilitate network activities, or swapped for esXAI, the token plays a pivotal role in maintaining a balanced and transparent economy within the Xai ecosystem.
But what does this entail for prospective investors and technology advocates? With a market cap that's rapidly scaling, XAI has garnered attention in the vibrant cryptocurrency space. The token's trading volumes reflect a growing interest, with liquidity increasingly available on various major crypto exchanges like Binance and BingX. Tracking Xai's performance over time can offer valuable insights into its stability and growth potential, which makes it a compelling asset within the crypto portfolio.
The current Market Capitalization sits at $212,713,587. When considering the Fully Diluted Valuation, the figure rises to $755,683,919. The amount traded in the last 24 hours has reached $30,011,861. As of now, the Circulating Supply of tokens is 277,118,150 with a Total Supply of 984,486,851. The Maximum Supply is capped at 2,500,000,000.
Exciting news for blockchain gaming enthusiasts! The Lost Glitches, a hit NFT card game on Ethereum, is making a game-changing switch to the Xai network. This isn't just news; it's a glimpse into the thrilling future of blockchain gaming. 🚀 The partnership with Xai showcases a strategic shift towards building a gaming ecosystem that melds blockchain's power with smooth player experiences.
The Lost Glitches, a sophisticated Ethereum card battler, has garnered attention for its innovative gameplay and exquisite visuals. The integration of Xai's Layer-3 protocol represents a significant advancement in its mission to revolutionize the gaming experience. With the adoption of Xai technology, The Lost Glitches aims to deliver an unprecedented user experience, crucial for achieving mainstream acceptance in Web3 gaming.
https://opensea.io/assets/ethereum/0x8460bb8eb1251a923a31486af9567e500fc2f43f/9037
Furthermore, The Lost Glitches foray into the burgeoning world of Xai cements the latter's status as a promising hub for blockchain game developers. The capabilities of Xai would not only appeal to existing crypto gamers but also pave the way for a transition towards blockchain-based gaming by traditional gamers.
The leap to Xai is a bold move by The Lost Glitches, eager to harness the cutting-edge benefits of Layer-3 protocols. Thanks to support from the Xai Foundation, The Lost Glitches is set to break new ground, offering a dynamic, gas-free gaming experience to its ever-expanding community. Get ready for an unparalleled gaming adventure!
Follow Xai and The Lost Glitches on social media channels to stay updated with the latest news, developments, and community events.
Xai Official Website: Visit Xai
The Lost Glitches Official Website: Visit The Lost Glitches
Xai Twitter: Follow @XAI_GAMES
The Lost Glitches Twitter: Follow @TheLostGlitches
Xai Discord: Join Xai Community
The Lost Glitches Linktree: Join The Lost Glitches Community
Disclaimer
The information provided on this article and future articles is for general informational and educational purposes only. It is not intended to be, and should not be construed as, financial advice or investment recommendations. Cryptocurrency trading and investing involve substantial risks. You should always conduct your own thorough research and due diligence before making any investment decisions.
I do not claim ownership of the photos used on this article post. All image credits belong to the Creators, Xai and Lost Glitches.
Please note: The crypto market is highly volatile. Past performance is not a guarantee of future results. Any opinions or forecasts expressed on this article represent my personal views and should not be relied upon for investment decisions.
Kaiser