Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,760,683,042 | Market Cap: $2,606,303,717,951
Xai
XAI
$0.32
Sector
Exchange Debut
2024-01-09
Market Cap
89,581,303
Maxim Supply
2,500,000,000
Circulating Supply
277,118,150
Circ. Supply(%)
11.08%
Xai
XAI
Price
$0.32
Market Cap
Sector
Exchange Debut
89,581,303
2024-01-09
Volume 24h
High 24h
Low 24h
21947464
0.334728646721
0.304940843461
Change 24h
Change 7d
Change 30d
-2.3052
-17.1286
-32.4818
Maxim supply
Circulating supply
Circulating supply(%)
2,500,000,000
277,118,150
11.08%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Xai-XAI cryptocurrency:
Xai-XAI, the inaugural layer3 project in the Arbitrum ecosystem, marks a significant stride in bridging traditional gamers with web3 gaming. Its unique approach in facilitating in-game item trade without the direct involvement of crypto wallets sets a new precedent. The fundamental analysis of the Xai-XAI cryptocurrency reveals a multifaceted picture, scoring an overall 5.75 out of 10. This score reflects its strengths in areas such as product utility and community engagement, balanced against challenges in team experience and audit security.
SOCIAL & MASS MEDIA: Score 7.30 out of 10
Xai-XAI exhibits strong performance in community activity and size, scoring a perfect 10 in both, indicative of a vibrant and engaged user base. However, its lower scores in attracting social media followers and activities of social media administrators suggest room for improvement in its digital presence and engagement strategies.
AUDIT & SECURITY: Score 3.10 out of 10
Audit and security appear to be significant concerns for Xai-XAI, with a notably low score in audit results. While it scores well in liquidity on exchanges and transparency, these positives are overshadowed by the fundamental need for enhanced security measures.
TOKENOMICS: Score 4.95 out of 10
The token economy of Xai-XAI shows moderate performance. While its centralized monetary mass receives a fair score, the project’s inflationary nature and annual inflation rate pull down its overall tokenomics score, indicating potential risks in its economic model.
ECOSYSTEM DEVELOPMENT: Score 6.00 out of 10
Xai-XAI’s ecosystem development is progressing steadily. Its commitment to achieving objectives and introducing new developments scores evenly, reflecting a balanced but cautious growth trajectory.
TEAM & DEVELOPERS: Score 1.20 out of 10
The project’s weakest link lies in its team composition and experience. Both the experience level and the number of software developers are alarmingly low, raising concerns about the project’s capacity to innovate and overcome technical challenges.
PRODUCT & UTILITY: Score 7.90 out of 10
Xai-XAI’s product utility is a standout feature, scoring high in both product and token utility within the ecosystem. This strength is a key driver in the project’s appeal and potential for adoption, especially among traditional gamers.
PARTNERS & INVESTORS: Score 7.00 out of 10
The project’s partnerships and investor base are solid, with slightly higher scores in the quality and capacity of partners. This aspect underlines a robust support network that could be pivotal in navigating market challenges.
Fundamental analysis of the Xai-XAI cryptocurrency – The final conclusion
The fundamental analysis of the Xai-XAI cryptocurrency reveals a project with promising aspects in product utility and community engagement, tempered by significant concerns in team expertise and security measures. Its overall score of 5.75 out of 10 indicates a blend of opportunity and risk. Investors and stakeholders should weigh its innovative approach in the gaming sector against the evident challenges in team composition and security protocols. As with any cryptocurrency project, cautious optimism should guide engagement, keeping in mind the dynamic and often unpredictable nature of the blockchain landscape.
What is Xai-XAI?
Introduction to Xai-XAI
Xai-XAI represents a groundbreaking development in the Arbitrum ecosystem as the first Layer3 platform. Its primary role is to bridge the gap between traditional gaming and the evolving world of web3 gaming. Xai-XAI stands out by empowering traditional gamers with the ability to trade in-game items across their favorite games. This functionality is achieved without requiring direct interaction with cryptocurrency wallets, simplifying the user experience significantly.
Solving Scalability and Gas Fees
A major innovation of Xai-XAI is its approach to scalability. By utilizing Layer3 technology, Xai-XAI is capable of supporting hundreds of millions of users while maintaining key aspects like interoperability, composability, and security. Furthermore, Xai-XAI addresses the common issue of gas fees in blockchain gaming. It introduces an innovative gas subsidy contract that eliminates gas fees entirely. This feature ensures low-friction in-game actions, enhancing the overall blockchain gaming ecosystem and making it more accessible to a broader audience.
Seamless Wallet Integration and Network Stability
One of the critical aspects in the fundamental analysis of the Xai-XAI cryptocurrency is how it overcomes wallet interaction hurdles. Xai-XAI achieves this by integrating cryptocurrency wallets seamlessly into the gaming experience’s backend. This integration is managed on behalf of the player, thereby streamlining the onboarding process and simplifying usage for traditional gamers. Additionally, Xai-XAI ensures the stability of its blockchain network through the adoption of AnyTrust technology and optimized smart contract execution. These features contribute to a stable and reliable environment for gaming activities.
Summary
In summary, Xai-XAI emerges as a transformative platform in the Arbitrum ecosystem, effectively addressing key issues like scalability, gas fees, wallet integration hurdles, and network stability. Its innovative approach makes it a vital tool in transitioning traditional gamers to the web3 gaming world, thereby enriching the blockchain gaming community.
- Latest analysis update: January 17, 2024
Xai-XAI performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
