Participate now to be eligible for any potential rewards!
Xai Network
Expired
Progress mission: 0 of 6
Expired
Rewards
Reward Results
$377 $2,155
Details
Minimal cost
Free
Time required
20 min.
Category
Testnet
Rating
6/10
Risk
Low
According to the Xai Foundation, 5% of the token supply was distributed via airdrop. At the time of claiming, the token's price was 1.3 USD. The minimum airdrop amount was 290 $XAI tokens, and the maximum was 1658 $XAI tokens, equivalent to a value range of $377 to $2155.
$XAI was airdropped as follows:
- Legendary NFT Holders received 290 $XAI per NFT, amounting to $377.
- Vanguard NFT Holders received 1307 $XAI per NFT, amounting to $1700.
- Sentry Node Operators received 1658 $XAI per node/key, amounting to $2155.
Additionally, the Xai Foundation has hinted at a “Season 2” of airdrop token rewards for users but has not yet provided details on how network users can potentially earn additional rewards.
Pros & Cons
Why is it worth it?
Confirmed Token
The project explicitly mentions the XAI Token in its documentation.
Strong Backers
The project has support from Offchain Labs and Ex Populus.
Cost-Free
This opportunity doesn't require any financial involvement.
Waiting Time
According to the Roadmap, there isn't much time left until the launch of the mainnet and therefore, the token.
Risks to consider
Lack of Data
There isn't any publicly disclosed information regarding the team members or the amount of funds they have raised.
How to participate?
Xai is a blockchain designed for game developers, built on Arbitrum's infrastructure with support from Offchain Labs and a partnership with gaming developer Ex Populus.
There isn't any publicly disclosed information regarding the team members or the amount of funds they have raised. However, it's reasonable to speculate that Offchain Labs and Ex Populus would have engaged in thorough due diligence before partnering with the Xai Foundation.
Additionally, there is a source that states they have raised 13 million dollars, which is a noteworthy amount for a seed round, especially when compared to Arbitrum's seed round of 3.7 million dollars.
The project explicitly mentions the XAI Token in its documentation and has also detailed its plans in the roadmap, highlighting “DEC 2023 - FINAL FORM" which is notably close, considering the time of writing is October 2023. The release of Final Form is scheduled to coincide with the launch of the Xai Token.
The activity doesn't require any financial involvement, and it is recommended for anyone with spare time to participate in this opportunity.