Xai Announced the Airdrop before Entering 2024

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.

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.