About XAIXBT by Virtuals
XAIXBT is a token associated with XAI Games, featuring unique NFTs known as XAICLOPS on the XAI blockchain. These NFTs serve as a foundational element for Degenerator, a memecoin launchpad that operates within the XAI ecosystem. The development of this innovative gaming environment is led by founder XAITOSHI and developer MerkleX.
The XAI platform is designed to facilitate real economies and open trade in video games, allowing traditional gamers to own and trade valuable in-game items effortlessly. This accessibility negates the necessity for crypto wallets, making it easier for a wider audience to engage with blockchain technology. Users can also contribute to the XAI network by running nodes, which enable them to earn rewards and participate in governance, enhancing community involvement.
XAI operates on a layer-3 network built atop the Ethereum layer-2 Arbitrum framework, optimizing it for gaming applications. The introduction of "Tiny Sentry Keys" aims to lower entry barriers into the Sentry Key ecosystem, providing opportunities for users to earn rewards within the gaming landscape. Regular Sentry Keys are priced at 1.43 ETH, while the newly launched Tiny Keys will be available for just 0.0143 ETH, making participation more accessible.
The Sentry Keys function as NFT-based licenses for nodes, which can be staked for rewards. The XAI Foundation has already distributed approximately $340 million in rewards and airdrops through this mechanism. The Tiny Sentry Keys will offer a battle pass-like experience, granting holders access to various rewards and perks across the expanding XAI ecosystem.
With a growing number of projects committed to the XAI network, including game developers and indie studios, the platform is poised to foster a vibrant community and a diverse array of gaming experiences.