Launchpool

Binance, a leading cryptocurrency exchange, has announced Xai (XAI) as the 43rd project on Binance Launchpool. 
This partnership marks Xai’s debut as the first L3 built on Arbitrum.<a href="https://www.binance.com/en/support/announcement/introducing-xai-xai-on-binance-launchpool-farm-xai-by-staking-bnb-fdusd-and-tusd-dae94618815044679412f00409625d0a" rel="nofollow noopener" target="_blank"> The Launchpool</a> allows users to stake BNB, FDUSD, and TUSD to farm XAI tokens over a four-day period, starting from 2024-01-05 00:00 (UTC). 
<h2 id="what-is-xai">What is Xai?</h2> 
<a href="https://www.binance.com/en/support/announcement/introducing-xai-xai-on-binance-launchpool-farm-xai-by-staking-bnb-fdusd-and-tusd-dae94618815044679412f00409625d0a" rel="nofollow noopener" target="_blank">Xai</a> (XAI) is an innovative layer-3 blockchain developed on top of <a href="https://crypto.ro/en/cryptocurrencies/arbitrum/">Arbitrum</a>, a layer-2 scaling solution for Ethereum. 
By building on the robust foundation of Ethereum, Xai ensures heightened security and reliability while providing users with quicker transaction speeds and lower fees. 
Xai’s mission is to bridge traditional gaming with the Web3 space, allowing gamers to own and trade in-game items effortlessly without complex crypto wallets. 
This open and decentralized network invites individuals to operate nodes, earn rewards, and engage in the governance of the ecosystem. 
<h2 id="xai-token-and-its-utility">XAI Token and Its Utility</h2> 
The XAI token is the backbone of the Xai network, facilitating various essential functions: 
<ul> 
 <li>Gas Fees: XAI is used to pay for transactions within the network, including activities like purchasing and selling in-game items.</li> 
 <li>Governance: Holders of XAI can influence the network’s future by voting on proposals and critical decisions.</li> 
 <li>Rewards: The network incentivizes node operators and contributors by distributing XAI tokens.</li> 
</ul> 
<h2 id="diverse-gaming-ecosystem">Diverse Gaming Ecosystem</h2> 
Xai is not just a blockchain; it’s a breeding ground for an array of games that incorporate blockchain technology. Notable titles under Xai’s umbrella include: 
<ul> 
 <li>Final Form: A strategic card collector game where players trade and battle cards.</li> 
 <li>LAMOverse: A competitive platform featuring chaotic battles and survival challenges.</li> 
 <li>Carnivale: An open-world RPG focusing on information control and influence.</li> 
</ul> 
<h2 id="listing-and-launchpool-details">Listing and Launchpool Details</h2> 
<ul> 
 <li>Token Name: Xai (XAI)</li> 
 <li>Max Token Supply: 2,500,000,000 XAI</li> 
 <li>Launchpool Token Rewards: 75,000,000 XAI (3% of total token supply)</li> 
 <li>Initial Circulating Supply: 277,118,150 XAI (~11.08% of the total token supply)</li> 
 <li>Smart Contract Details: XAI Token (XAI)</li> 
</ul> 
Xai will officially be listed on Binance on 2024-01-09 at 10:00 (UTC), with trading pairs including XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY. 
This listing is a significant milestone for Xai, positioning it for increased visibility and adoption within the crypto and gaming communities.

What is Xai, the 43rd Binance Launchpool Project

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