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XAI Airdrop Puts $70 mn Into Gamers Wallets

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XAI Airdrop Puts $70 mn Into Gamers’ Wallets

The Xai gaming network has launched its first big gaming token airdrop of 2024, offering up 125 million XAI tokens to eligible users.

Xai is a layer-3 network built on Arbitrum, which is a layer-2 scaling network for Ethereum. The Xai Foundation is offering up 5% of the token supply to eligible users, including owners of certain Xai NFTs and those operating Sentry Nodes.

Crypto exchange Binance allowed customers to earn XAI token rewards by staking other cryptocurrencies.

The airdrop’s total value currently stands at nearly $70 million. The Xai Foundation has teased a “Season 2” of airdrop token rewards, but has not yet detailed how users can potentially earn additional rewards.

(With inputs from Shikha Singh)

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