Xai Launching ‘Tiny Sentry Keys’ to Unlock Benefits and Rewards on Ethereum Gaming Network

Xai’s Sentry Keys are NFT-based licenses for nodes which might be operated by community supporters, which will be staked to obtain rewards. Already, the Xai Basis claims, roughly $340 million value of rewards and airdrops have been distributed by this scheme up to now—together with the much-hyped XAI token airdrop earlier this yr.

On the time of writing, in response to ArbiScan, there are at present 6,447 Sentry Key holders. with this determine anticipated to develop with the launch of Tiny Sentry Keys. Common Sentry Keys promote for 1.43 ETH ($5,520), however the Tiny Keys will promote for simply 0.0143 ($55), considerably decreasing the barrier for gamers to have interaction with NFT nodes.

A precise sale date will likely be introduced on December 9. Xai representatives confirmed to Decrypt that with the decreased value of the Tiny Keys, holders will earn proportionally much less rewards in comparison with common Key holders. One community contributor likened the providing to the sort of battle go seen in video games like Fortnite, with unlockable rewards for gamers.

“Consider it as the last word battle go, providing you with entry to rewards, airdrops, and perks throughout Xai’s rising ecosystem,” stated the pseudonymous Soby, a core contributor to Xai. “We’re making a platform that’s accessible to everybody whereas delivering immense worth to our neighborhood.”

Xai is a layer-3 blockchain constructed on high of the Ethereum layer-2 Arbitrum community. Which means that Xai retains Arbitrum’s key performance, whereas tweaking numerous community parts to higher cater to gaming tasks.

As such, Xai has attracted sport creators to launch on its chain. Sport developer Ex Populus has dedicated its suite of video games to Xai, Crypto Unicorns migrated from Polygon to the community earlier this yr, and indie gaming curator The MIX stated it plans to launch over 100 video games on Xai.

With the sale of Tiny Sentry Keys, holders of normal Sentry Keys will likely be airdropped an extra 99 keys to make it 100. The Xai Basis confirmed that over “12 top-tier video games and ecosystem tasks” are working with it to supply rewards for key holders.

On high of this, it’ll be simpler than ever to buy the Keys with the addition of a credit score and debit card fee ramp through Crossmint, in addition to the choice to pay with XAI tokens—with different main tokens to be added to this checklist quickly.

Edited by Andrew Hayward