What is XAI Coin? 

Cryptocurrency

Xai (XAI) is a blockchain platform focused on the gaming industry and built on the Arbitrum (ARB) infrastructure. As the first Layer-3 solution implemented within the Arbitrum ecosystem, Xai aims to bring traditional gamers together with
Web3 technologies. In this regard, the platform significantly simplifies the transition to Web3 by eliminating the requirement for users to transact directly with crypto wallets. It also offers developers an efficient gaming infrastructure supported by its scalable architecture and token-based incentive mechanisms.
Within the Xai ecosystem, players can become the actual owners of in-game assets in
NFT format. These digital assets can be bought and sold, allowing users to participate in the digital asset economy through the secondary trading of in-game assets. The absence of a wallet requirement makes Xai an accessible and attractive option for traditional gamers who are wary of blockchain technologies. For developers, Xai's high-performance and stable blockchain infrastructure enables the design of smoother and higher-quality gaming experiences.
Who Owns XAI Coin?
Xai (XAI) is a project developed by Offchain Labs, which has been working on blockchain technologies since 2018. The company was founded by Ed Felten, Steven Goldfeder, and Harry Kalodner. Offchain Labs is among the teams known for the Arbitrum ecosystem and developing scalable blockchain solutions.
When Was XAI Coin Launched?
The XAI Coin was launched in 2024 as part of the Xai
blockchain ecosystem. The token's launch coincided with the rollout of Xai's gaming-focused
Layer-3 blockchain infrastructure. During this process, XAI began to play an active role in network security, transaction fees, and ecosystem incentive mechanisms.
How Does the Xai Blockchain Work?
The Xai blockchain's operating principle is based on the AnyTrust protocol, developed by Offchain Labs and customized for the
Arbitrum Nitro infrastructure. AnyTrust aims to maintain security while significantly reducing transaction costs by managing data availability through specific, authorized participants. This flexible trust model enables the network to deliver high performance while operating at lower gas fees.
This architectural structure provides solutions to high transaction costs, network congestion, and technical difficulties encountered when implementing complex game mechanics in architecture. Thus, Xai provides a more stable and sustainable infrastructure for game-focused applications.
One of the core components of the Xai ecosystem is monitoring nodes called Sentry Nodes. These nodes continuously monitor proposed blocks on the network, detect faulty or malicious transactions, and contribute to maintaining the integrity of the system. Sentry Nodes, which can run on personal computers or cloud environments, are rewarded with XAI tokens for their contribution to network security.
What Makes the Xai Project Unique?
The video game industry stands out as one of the fastest-growing areas in today's technology world. With this development, many game developers have turned to integrating Web3 solutions into their games. However, existing infrastructures present various challenges due to scalability issues, high transaction costs, and technical requirements for using crypto assets. In particular, the complex structure of wallet usage poses a significant barrier for traditional players.
Xai offers an innovative approach aimed at solving these problems. The platform manages the technical process in the background, allowing players to perform transactions without having to interact directly with their crypto wallets. This enables users unfamiliar with Web3 to benefit from digital asset-based gaming experiences without having to deal with complex details.
How to Buy XAI Coin?
To purchase XAI Coin, follow these steps on CoinTR, one of the crypto asset exchanges operating in Türkiye:
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Create an account on the CoinTR platform and complete the identity verification (KYC) process.
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Deposit Turkish Lira (TL) into the account to create a usable balance.
Keep in mind that cryptocurrency prices can fluctuate instantly based on market conditions. Furthermore, the information provided here does not constitute investment advice. Cryptocurrency investments carry high risk and may result in capital loss.
Where Can You Buy XAI Coin?
XAI Coin is listed among digital assets on various crypto asset trading platforms. It is also listed on CoinTR, one of the crypto asset trading platforms operating in Türkiye. After completing the relevant account creation steps on the platform, you can access market data related to XAI and trade using the platform's trading infrastructure.
XAI Coin Review
In XAI Coin reviews, the project's focus on the gaming industry and its approach to simplifying Web3 integration stand out. The rapidly growing global gaming industry is also increasing the need for blockchain-based solutions. However, a significant portion of existing Web3 projects are far from accessible to traditional gamers due to technical complexities and user experience issues.
In XAI Coin review evaluations, technical developments related to the project infrastructure are discussed, along with past price movements and market trends based on XAI Coin chart data, within a general framework. This structure, which eliminates the requirement for players to use a crypto wallet, allows even users who are unfamiliar with Web3 to participate in the system. At the same time, providing developers with a scalable, low-cost, and stable infrastructure is one of the elements that supports the sustainability of the Xai ecosystem.
When these features are evaluated, the XAI token is considered among projects positioned at the intersection of gaming and blockchain technologies, with a clear area of use and long-term development opportunities.
The Future of XAI Coin
The future of XAI Coin is closely linked to the extent to which the game-focused infrastructure of the Xai blockchain can be adopted. Growing interest in Web3-based solutions in the gaming industry is bringing scalable and user-friendly projects to the forefront. Xai's Layer-3 architecture and approach that strips the gaming experience of technical details are elements that can support long-term use cases in this field.
The project's integration with the Arbitrum ecosystem developed by Offchain Labs is considered a positive factor in terms of technical infrastructure. Network security, low transaction costs, and the flexible structure offered to developers may enable new game studios and projects to join the Xai ecosystem in the future. Such expansion is considered among the factors that could increase the usage areas of the XAI token within the network.
However, the future of XAI Coin will be shaped by variables such as the overall trajectory of the
cryptocurrency market, global demand for Web3 games, and the ecosystem's sustainable growth strategies. Therefore, it is positioned among projects evaluated based on technological developments and adoption rates rather than short-term XAI Coin price movements.
FAQ
How much is XAI coin in Turkish Lira?
Since cryptocurrency prices fluctuate constantly based on market conditions, the Turkish Lira (TL) equivalent of XAI also fluctuates in real time. To find the most accurate and up-to-date
XAI Coin TL price, you should check cryptocurrency exchanges or live price tracking platforms such as CoinTR.
What is the highest price XAI Coin has reached?
As of March 11, 2024, XAI Coin has reached its all-time high at approximately $1.60. This data is based on past price movements and does not imply any future return expectations.
On which network does XAI Coin operate?
Xai (XAI) is a Layer-3 blockchain network developed on the Arbitrum (ARB) infrastructure.
What is the XAI Coin supply
The total supply of XAI Coin is 1,007,924,352 tokens.
On which exchanges is XAI Coin available?
XAI Coin is listed on various centralized cryptocurrency exchanges. To find out which exchanges it is currently traded on, you can check the official announcements of the exchanges or cryptocurrency price tracking platforms.
Legal Notice
The information, comments, and evaluations contained in this content do not constitute investment advice. This content is not intended to be prescriptive in any way and is intended to provide general information. It does not constitute investment advice. CoinTR cannot be held responsible for any transactions made based on this information or any losses that may arise.
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