Binance has introduced XAI Games as its 43rd project on Launchpool, marking the crypto exchange’s foray into gaming-centric blockchain networks. XAI is touted as the first layer-3 blockchain focused on revolutionizing the gaming industry.
The Launchpool event starts on January 5th, allowing users to stake their BNB, FDUSD, and TUSD over 4 days to earn XAI tokens as rewards. This incentivizes engagement within the Launchpool ecosystem.
Subsequently, XAI will be listed on Binance for broader trading access starting January 9th. The streamlined process from Launchpool to listing is expected to take only 24 hours, improving accessibility for users.
XAI is built leveraging Arbitrum technology and aims to give traditional gamers ownership of in-game items without needing crypto wallets. The total supply of XAI tokens is 2.5 billion, with 75 million (3% of the total) allocated to Launchpool participants. The circulating supply on the listing date is 277 million XAI.
BNB stakers can earn up to 62,500 XAI, while FDUSD and TUSD stakers get 7,812.5 XAI each. This balances incentives across different pools.
XAI envisions bringing real economies into games and allowing billions of gamers to truly own assets. The Launchpool addition and listing align with Binance’s recent focus on gaming blockchain projects. Just last month, Fusionist was also added as the 40th Launchpool project.
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