The XAI token has nothing to do with Musk's x.ai company! Don't be misled by rumors!

Recently, some misleading rumors have emerged online, claiming that the XAI token and Musk's x.ai company are the same thing, which is simply absurd! It must be stated clearly that there is no connection between the two; everyone should not fall for these rumors to avoid unnecessary misunderstandings and losses.

Musk's x.ai company was established on July 12, 2023, and is a high-tech enterprise focused on the research and application of artificial intelligence technology. Its aim is to promote the development of the artificial intelligence field through advanced technology and innovative ideas, with the goal of understanding the true nature of the universe and standing out in competition with companies like OpenAI, bringing more powerful and intelligent AI products and services to human society, such as the large language model Grok.

The XAI token is a gas token developed within a Layer 3 solution built on Arbitrum to address the needs of Web3 gaming. It is mainly used to facilitate transactions within the network and is issued as rewards to validating nodes. In the future, it will also serve as the main token for transactions and payment mediums within the gaming ecosystem.

Essentially, the x.ai company is an innovator and pioneer in the field of artificial intelligence, dedicated to changing the way humans interact with technology; while the XAI token is a digital asset in the cryptocurrency field that focuses on economic incentives and transaction mediums within the Web3 gaming ecosystem. The two are distinctly different in terms of technological background, application scenarios, and development goals.

We must resolutely resist and oppose these baseless rumors, and approach the understanding of different technological concepts and projects with an accurate and objective attitude, avoiding being swayed by false information, and collectively maintaining a clear and truthful technological information environment.