Xai Announced the Airdrop before Entering 2024

According to the latest information, Layer - 3 Xai Platform has announced that it will airdrop tokens to users before entering the new year 2024.

Xai Announced The Airdrop Before Entering 2024_65b972e326fba.webp

Xai announced the airdrop before entering 2024

Xai, a layer-3 solution focused on the gaming sector developed by Offchain Labs based on Arbitrum’s Orbit toolkit.

Xai layer-3 network launched in June 2023 and has finalized the token airdrop schedule for the first season. According to the announcement on their Twitter page, Xai Games will distribute the airdrop on December 27, 2023.

Offchain Labs, the organization that develops Xai and Arbitrum, announced that the XAI token will be used to pay transaction fees on the network and be the primary currency used to pay for NFTs and in-game items.

Xai’s airdrop is available to Odyssey Legendaries and Vanguards NFT owners. At the same time, holders of Sentry Keys, used to run nodes on the Xai network, will also receive an airdrop. The project notes that, although there is no time to buy Odyssey Legendaries or Vanguards, the project has not yet taken a snapshot of the wallet holding the Sentry Key. Furthermore, the project will announce the time to list XAI tokens on exchanges after completing the airdrop.

xai announced the airdrop before entering 2024 65b972e3299fa

As of the time of writing, Xai Foundation has not yet completed the project’s tokenomics. Arbitrum-compatible Ethereum wallets can connect and use Xai tokens. In the future, the platform hopes to launch a single-sign wallet solution of its own.

Related: What is Arbitrum? Things to know about Arbitrum

The notice also warns the community about the risk of phishing scams. One party “forked” the Sentry Key to impersonate and scam many people. Although it did not reveal the number of people affected, Xai automatically sent new Sentry Keys to some victims.

Airdrop is a prominent keyword at the end of the year, when the market witnessed many unique “token rains” from Pyth Network (PYTH), Celestia (TIA), Jito Sol (JTO), Jupiter (JUP)… Do Therefore, users need to be extremely careful when connecting wallets and interacting with any website.


(100 votes)

Leave a Reply

Your email address will not be published. Required fields are marked *


What Is A Cold Wallet Azc

Research | Editor Choice | research

What is a Cold Wallet? Top 3 Best Cold Wallets in the Crypto Market

Is a cold wallet an effective tool for storing cryptocurrencies? So, what is a cold wallet? What are some recommended types of hardware wallets to use? Let's find out together!

Azcnews Ctk Soars 100% In One Hour Ahead Of Major Update

News | Altcoin | Editor Choice

CTK Soars 100% in One Hour Ahead of Major Update

The price of the CTK token doubled within an hour ahead of the upcoming Shentu v2.10.0 update.

Azcnews A Major Uk Bank Officially Bans Cryptocurrency Transactions

News | Editor Choice | Policy & Regulations

A Major UK Bank Officially Bans Cryptocurrency Transactions

Starting May 30, the UK digital bank Kroo will prohibit its customers from conducting cryptocurrency transactions.

An Investor Becomes A Millionaire Thanks To Memecoin Shiba Inu

Altcoin | Editor Choice

An Investor Becomes a Millionaire Thanks to Memecoin Shiba Inu

An investor became a millionaire by holding Shiba Inu for 3 years, turning $2,700 into $1.2 million.

Azcnews Ethereum Approaches Ath As Fund Market Premium Peaks

News | Altcoin | Editor Choice

Ethereum Approaches ATH as Fund Market Premium Peaks

As Ethereum edges closer to its all-time high, the Fund Market Premium of ETH has reached its highest level since November 2021.