Binance Launchpool New Project - L3 Blockchain Game Platform on ARB - XAI Reasonable Price Forecast Analysis

Today we continue to introduce Binance's new launchpool project - XAI. Recently, Binance has been non-stop, launching new projects like crazy, and BNB is also rising steadily. Every launchpool partner makes a lot of money.
Currently, these projects ACE and AI have a daily return of about 0.5%. Every 5-7 days, the total return is about 2.5%-3.5%, and the annualized return is about 200%. It is a stable project with decent returns.
This issue of XAI is a gaming blockchain built on Arbitrum. It is the first L3 on ARB. In fact, we have talked about Kakarot (on ETH) before. The bull market is also a big bull market led by L2. Today we will study the chain game platform on the king-level L2.
Project Description
XAI is a permissionless Orbit chain that leverages the Arbitrum Nitro (a version of Arbitrum) technology stack to bring an innovative, gaming-centric layer 3 to the gaming industry. XAI is the Arbitrum OrbitL3 public chain directly supported and assisted by Offchain Labs, the development team behind Arbitrum.
Xai was developed to enable real economies and open trade in the next generation of video games. Through Xai, billions of traditional gamers have the potential to own and trade valuable items in their favorite games for the first time without the need for a crypto wallet. Anyone can support the Xai network by running a node, thereby earning network rewards and participating in governance.
 
background
How useful is the exploration of L3?
As many players in the L2 track emerge and market competition becomes increasingly fierce, in addition to adhering to the L2 advantage of "low cost and high efficiency", the L2 industry has begun to explore modularization, increase scalability and build new trends in L3: Optimism in the same track has turned to Op Stack multi-chain infrastructure and developed in the direction of super chain; zkSync has proposed a customizable trustless linked blockchain Hyperchain to achieve better ultra-scalability and improved composability; StarkWare has begun to develop a multi-layer solution to explore L3 for customized expansion. Arbitrum is no exception. Through Arbitrum Orbit, it has started the vertical exploration of the L3 network and launched a new development environment Stylus for developers.
Compared to Op Stack, which monetizes access to its shared sorter infrastructure, Arbitrum is trying to monetize its code base as a proprietary development environment. L3 XAI is defined as a smart contract on Arbitrum's L2, and its transactions will be settled through Arbitrum L2 (Arbitrum One or Nova). In addition, XAI, as a game-specific L3, can achieve higher performance and has dedicated computing and storage resources, making resource-intensive use cases on the chain possible. The emergence of XAI will help improve the scalability of the Arbitrum ecosystem while diversifying its execution environment and security model.
Popular Science-Arbitrum Orbit
Arbitrum Orbit is a general-purpose, modular L3 technology stack that allows developers to build customized L3 chains on top of it. Transactions on these L3 chains will be settled through Arbitrum's L2 solutions (such as Arbitrum One or Nova). XAI is an L3 chain built on Arbitrum Orbit and designed specifically for gaming scenarios. By building XAI on Arbitrum technology, development teams can leverage its highly scalable structure to meet the needs of gaming scenarios, providing players with a smoother and more efficient interactive experience. This strategic move is of great significance to Arbitrum's competitive position in the Layer 3 field. Investors and industry observers need to pay attention to the impact of these technological innovations on the cryptocurrency ecosystem and the gaming industry.
Popular Science-Nitro+ BOLD+ Stylus
1.Nitro
XAI will benefit from Nitro, BOLD, and Stylus in Arbitrum's technology stack. Nitro is an upgraded version of the Arbitrum One technology stack that integrates the Geth core directly at the base layer of the client software to achieve higher Ethereum compatibility and performance optimization. This upgrade will help XAI benefit from Arbitrum's latest technological advances when building its dedicated L3 chain, providing it with more efficient and powerful infrastructure support. This iteration and optimization of technology enables XAI to better meet the specific needs of fields such as games and AI and provide a better user experience.
2.BOLD
BOLD is a permissionless verification mechanism proposed by the Arbitrum team, which aims to minimize the delay of settlement status. Through the BOLD mechanism, the challenge period problem in optimistic Rollup is solved, thereby speeding up the withdrawal process from L2 to L1. This innovative verification method helps to optimize cross-chain operations, making the transfer of digital assets between different levels more efficient and rapid, while ensuring the security and reliability of the system. The introduction of the BOLD mechanism further improves the performance and user experience of the Arbitrum ecosystem.
3.Stylus
Stylus is an open source SDK developed by Arbitrum, which is designed to support building applications in multiple programming languages. The SDK is designed so that developers can use not only the traditional Solidity language on the Arbitrum network, but also programming languages ​​compatible with WebAssembly (WASM), such as Rust, C, and C++. This flexibility not only helps expand the range of choices for developers, but also effectively reduces gas costs and improves the efficiency and performance of applications. The introduction of Stylus enriches Arbitrum's ecological tools and provides developers with more innovative building options.
4. Modularity and flexibility
BOLD and Stylus are also universal modular components, providing developers with more flexibility and choices. When developers launch an L3 chain for a specific use case based on Arbitrum Orbit, they can directly integrate BOLD and Stylus into the chain. In addition, after the L3 chain is running stably, a decentralized DAO governance method is adopted, and community members can vote to decide whether to integrate these modules. This governance mechanism ensures the participation and development of the ecosystem, while also providing developers and users with greater influence to ensure adaptation to changing needs and technological developments.
Game Ecosystem
The most important thing about a game platform is the game ecosystem. According to the official website, there are currently five games in preparation.
1. The first game to be released will be the card battle game Final Form, which provides an immersive experience that combines cards, Roguelite, and battles. Players can evolve cards to participate in alliances and win rewards. It is developed by Ex Populus Studio, which is composed of many former game developers from major companies. Ex Populus is also the official game developer of XAI. It will provide services to the ecosystem under the guidance of the foundation and will be responsible for the development of the game.
2.LAMOverse: an action shooting game. Everything in it can be destroyed, including the entire world. It is a competitive game.
3.Carnivale: is an action RPG game.
4. Tarochi: On-chain RPG. Capture and upgrade monsters through a huge autonomous world.
5. Kashi: In an origami-themed world, a paper hero folds up to overcome obstacles and defeat strange bosses in multiple folded dimensions.
In addition to Ex Populus, XAI has also reached strategic cooperation with several industry leaders, including Tencent, Animoca Brands, etc. These partners have brought XAI a wealth of game resources and channel support. It can be foreseen that in the future, a number of excellent works are expected to emerge in the XAI ecosystem, creating a game world with depth and breadth from multiple dimensions.
Token Economy
Xai has its own custom gas fee token, XAI, which will play a dual role on the Xai blockchain. First, it will serve as the designated gas token to secure transactions within the network. Additionally, Xai tokens will be rewarded to validating nodes for their role in validating transactions. Furthermore, Xai tokens will serve as the primary token in the gaming ecosystem, serving as a medium of payment for games and in-game items.
The Xai network uses XAI and esXAI to maintain the balance of the ecosystem. XAI is fully transferable, while XAI is not transferable after being converted to esXAl. The purpose of eXAl is mainly to stake for various benefits, such as rewarding Sentry node operators and providing operators with a variety of benefits.
esXAl’s staking mechanism allows node operators to freely adjust their staked esXai between two different accounts:
Yield Account: Node operators who stake esXai in this account can obtain more esXai income
Culture Account: Through esXai, node operators can participate in exclusive events and NFTs of games launched on the AI ​​blockchain.
Governance Account: Node operators can obtain governance rights of the DAO through staking, including the right to propose DAO/foundation funds
Users can convert between XAI and EsXAI as needed, with different rules for different conversion directions. XAI can be converted to EsXAI at any time without penalty or restriction. The conversion ratio is always 1:1 (100%).
The conversion process of EsXAI to XAI includes an unlocking period, the duration of which is selected by the user, and the exchange rate will increase proportionally with the extension of the exchange period. The Xai Foundation may guarantee up to 50% of the esXAI that may be destroyed to the Ai Foundation to support the network. When esXAI is converted to XAI, all eSXAI will be automatically allocated to the income account, but only 50% of its value.
The maximum total supply of XAI and esXAl combined is 2.5 billion tokens. The initial distribution of XAI is as follows:
Team: 20% of the total supply is allocated to the core team and early contributors. This will begin unlocking 6 months after the TGE. This allocation will unlock over 36 months. 42 months total.
Investors: Investors in early rounds purchased 22.41% of the total supply, which will begin unlocking 6 months after the TGE. This allocation will unlock over 24 months. 30 months total.
Ecosystem: 2% of the total supply has been designated for market makers, this allocation will unlock immediately at the TGE, and 5.5% of the total supply has been designated for the ecosystem. This allocation will begin unlocking 6 months after the TGE and will unlock over a 36 month period. 42 months total.
Finally, let's summarize. Recently, blockchain games are very popular. We have talked about a lot of blockchain games recently. So this wave is likely to be driven by blockchain games to drive the entire industry to explode. You see, blockchain games will involve the underlying public chain, so this time L2 is popular again, because blockchain games actually still need a certain TPS, so the demand drives the base, and then also drives DEFI, the DEFI financial sector, so this wave is likely to be this rhythm. Then there is no need to talk about the ARB ecosystem. I have said it countless times before. At present, L2 has the largest TVL.
Then let's talk about the predicted coin price. The total amount of launchpool tokens is 75,000,000, accounting for 3% of the total, which is still relatively low. In fact, we can make a comparison, such as gala. The current market value of gala is 730 million US dollars, the circulation rate is 54%, and the FDV is 1.35 billion US dollars. The current bull market of the chain game platform can see 3-5 billion US dollars, so according to the minimum calculation of 13.5, then XAI is also the lowest 0.54 US dollars, and according to the maximum 5 billion US dollars, it is about 2 US dollars, so a more reasonable initial price is about 0.5-1.5 US dollars.