Xai Foundation, a core contributor to the gaming-centric blockchain network Xai, has unveiled its mid-year business update for 2024, showcasing significant growth and developments within its ecosystem.

Soby, a core contributor to Xai, stated, “The first half of 2024 was transformative for Xai.

Our ecosystem has experienced unprecedented growth, from the successful launch of Xai Builder, to the expansion of our gaming portfolio through strategic partnerships.

The enthusiastic adoption of our Sentry Node system and the surge in network activity underscore Xai’s position as the blockchain solution of choice for high-performance gaming.

The Xai Vanguard: Genesis campaign has propelled us to become the highest-volume EVM chain by TPS in the industry.

With developers and gamers increasingly embracing our technology, it’s clear that Xai is setting new standards in the blockchain gaming industry, and we’re excited to continue pushing the boundaries of gaming and delivering unparalleled experiences for our players.”

Key highlights from the first half of 2024 include:

• Surge in Active Addresses: Xai surpassed 1.7 million active wallet addresses, reflecting strong demand for its high-performance gaming infrastructure.
• Successful Launches: Introduction of Xai Builder and Xai Connect has been pivotal in expanding Xai’s ecosystem.
• Strategic Partnerships: Collaborations with major industry players have bolstered Xai’s offerings and network performance.
• Top Play-to-Earn Game: Crypto Unicorns, which recently migrated to Xai, was named the #1 play-to-earn game by Dappradar.

Operational Achievements

• Sentry Node Network: Generated over 13,000 ETH (~$42.7 million) in node key sales, marking it as the largest mint in Arbitrum Ecosystem history.
• Xai Builder: A Web3 development platform powered by Sequence technology, simplifying game creation and enabling high-quality gaming experiences across multiple devices.
• Strategic Partnerships: Partnered with Nirvana Labs for infrastructure support and deployed mainnet RPC nodes on Nirvana Cloud.
• Xai Tokenomics Bootcamp: In partnership with Offchain Labs, completed the pilot phase to streamline the creation process of new Web3 titles.

Ecosystem Milestones

• Record TPS: Achieved over 12 million daily transactions, the highest TPS for both Ethereum and Xai.
• Enhanced Staking: Upgraded Xai staking system with Staking Pools to offer new opportunities for token holders.
• Game Releases: Premiered games like Tarochi and Crypto Unicorns, with more anticipated migrations, including Yaku Corp, Lost Glitches, Planet X, and Valeria Games’ Land Before War.

Future Prospects

For the latter half of 2024, Xai Foundation aims to expand its portfolio with new game titles such as Lost Glitches, My Angry Yakuza Girlfriend (MAYG), Valeria, and Ex Populus’s Final Form.

The foundation will continue to enhance the Xai blockchain through strategic partnerships and ecosystem improvements.