Ethereum layer-3 gaming network Xai is gearing up to launch a new initiative called “Tiny Sentry Keys,” aimed at making it easier for players to enter its Sentry Key ecosystem. These keys, which are NFT-based licenses for nodes operated by network supporters, can be staked to earn rewards. The Xai Foundation has already distributed around $340 million worth of rewards and airdrops through this program, including the highly anticipated XAI token airdrop earlier this year.
Currently, there are 6,447 Sentry Key holders, a number that is expected to increase with the introduction of Tiny Sentry Keys. While regular Sentry Keys are priced at 1.43 ETH ($5,520), the Tiny Keys will be available for just 0.0143 ETH ($55), significantly reducing the barrier for players looking to engage with NFT nodes.
The sale date for Tiny Sentry Keys will be announced on December 9. Xai representatives have confirmed that holders of Tiny Keys will earn proportionally fewer rewards compared to regular Key holders due to the reduced price. The offering is likened to a battle pass in games like Fortnite, offering unlockable rewards for players.
Xai, a layer-3 blockchain built on top of the Ethereum layer-2 Arbitrum network, has been successful in attracting game developers to its platform. Ex Populus, Crypto Unicorns, and The MIX are just a few of the game creators who have committed to launching games on Xai.
In addition to the sale of Tiny Sentry Keys, holders of regular Sentry Keys will receive an airdrop of 99 keys to make it a total of 100. The Xai Foundation has partnered with over 12 top-tier games and ecosystem projects to provide rewards for key holders. Furthermore, the addition of a credit and debit card payment ramp via Crossmint, as well as the option to pay with XAI tokens, will make it easier than ever to purchase the Keys.
Overall, Xai’s Tiny Sentry Keys initiative promises to make its gaming ecosystem more accessible to a wider audience while delivering significant value to its community. With the support of key projects and the introduction of new payment options, Xai is poised to continue its growth and success in the gaming industry.