XAI

What is Xai Chain?

Xai Chain is a Layer 3 blockchain built on Arbitrum, optimized for Web3 gaming with dedicated blockspace, minimal gas fees, and high-speed transactions. It delivers seamless gaming experiences—such as launching new titles, in-game NFT minting, and fast gameplay—without blockchain friction :contentReference[oaicite:3]{index=3}.

Key Features of Xai Chain

• Dedicated Gaming Layer: Optimized blockspace ensures that gameplay workloads don’t suffer from congestion.
• Ultra Low Cost, High Throughput: Powered by Arbitrum AnyTrust, it handles up to 10,000 TPS with near-instant finality and minimal fees :contentReference[oaicite:4]{index=4}.
• App-Chain Scalability: Developers can deploy distinct app chains tailored to their game’s performance needs.
• Cross‑Chain Interoperability: Shares compatibility with Ethereum, Arbitrum, and EVM chains, enabling fluid asset and data flow :contentReference[oaicite:5]{index=5}.
• Analytics-Ready: Integrates with tools like Dune for real-time metric tracking and financial insights :contentReference[oaicite:6]{index=6}.

How Xai Enhances On‑Chain Gaming

Xai hides blockchain complexity—wallet setups, gas fees, and confirmations—so players can focus on gameplay. With features like social-login abstractions and gasless fee sponsorships for partner games, it creates a Web2-like user experience on Web3 :contentReference[oaicite:7]{index=7}.

Developers get powerful SDKs (Unity, Unreal) and infrastructure support, plus funding through a $100M incentive pool. Projects such as Final Form, LAMOverse, Crypto Unicorns, and BattlePlan have migrated or launched on Xai to leverage its performance and community support :contentReference[oaicite:8]{index=8}.

Why It Matters for Accounting & Reporting

When businesses integrate Xai Chain with Cryptoworth’s accounting platform, they gain:

• Rich Transaction Data: Every mint, swap, in-game purchase, and NFT transfer records transaction hash, timestamp, value, and chain metadata.
• Game Revenue Tracking: Detailed logs enable accurate P&L mapping for developer earnings, marketplace fees, and token sales.
• Cross‑Chain Reconciliation: Arbitrum-based flows tagged with origin metadata streamline ledger entries across Ethereum-based ecosystems.

Integrating Xai activity into Cryptoworth automates journal entries, cost-basis computation, and audit-ready reporting for gaming revenues and digital asset usage—eliminating manual exports and ensuring compliance readiness.

Frequently Asked Questions

1. Can Cryptoworth calculate cost basis for in-game assets on Xai?

Yes. All NFT mints, token purchases, and fees are recorded on-chain. Cryptoworth ingests this data—timestamped with values—to compute cost basis and Weighted Average Cost (WAC) for gaming assets. Learn more via our Crypto Cost‑Basis Calculator.

2. How are game-developer revenues recorded?

Revenue from token sales, marketplace trades, or airdrops is captured on-chain and synced with Cryptoworth, enabling seamless ledger mapping into revenue and treasury statements.

3. How does cross-chain taxation reconciliation work?

Xai leverages Arbitrum’s AnyTrust cross-chain architecture with standardized metadata. Cryptoworth uses these to automatically tag, match, and reconcile inbound/outbound transfers across Ethereum-compatible chains.