A new gaming blockchain has entered the lobby in 2024: Xai.

“Xai is built to enable open trade in the next generation of video games,” the official site says. In its quest to do so, the network aims to reduce fees, offer account abstraction to hide some of those pesky blockchain elements, and empower game creators in the process.

The layer-3 blockchain is developed in part by Offchain Labs, the original creator and primary developer behind the Ethereum layer-2 Arbitrum network that Xai is built on top of. And Xai is getting help from game developer Ex Populus, which will deploy the first games planned to launch on the network in collaboration with the Xai Foundation.

But what does this really mean? We’ve rounded up all you need to know.

What is Xai?

Many crypto users are familiar with the concept of layer-1 blockchains and layer-2 scaling networks built on top of them, but Xai brands itself as a layer-3 network. This is because it’s built atop Ethereum layer-2 scaling network

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