X World Games XWG
About
What Is X World Games (XWG)?
X World Games is a Web3 company exploring big ideas in the next generation of gaming. We work on both infrastructure and project building, bridging the gap between the traditional and blockchain gaming space.
The four core blockchain products of its infrastructure are X Wallet, X Swap, X Pool, and X DAO. Moreover, the “Dream Card” Gamefi series has attracted more than 1 million players globally. Currently, XWG is working on the “Dream Idols” project, its most ambitious SocialFi Metaverse Entertainment project to date. "Dream Idols" is a crypto VR idol group, that combines a Web2 business model with a Web3 revenue model.
Since its inception, X World Games has undoubtedly been amongst the most popular and relevant contributors to the blockchain ecosystem. Its long-term vision revolves around interoperability and composability with multi-chain support and cross-game NFTs.
X World Games aims to build an interoperable, composable, scalable, and equitable Web3 gaming ecosystem, with easy blockchain integrations for game publishers, as well as a friendly experience for players.
What Makes X World Games Unique?
X World Games is not a one-game project. Instead, it’s building infrastructures for the future metaverse and whole gaming ecosystem to connect with, including:
*blockchain game platform (X World Games), which provide user traffics and economic flows for blockchain games, and create a game metaverse for players and creators;
*NFT exchange (X Marketplace), which provides exclusive NFT transactions for in-game characters and items, adopt various bidding models, and support *NFT fragmentation and market maker liquidity in the future;
DeFi gamification (X Wallet, X Pool & X Swap), a variety of DeFi functions with gamification, including liquidity mining, NFT/token staking mining, DeFi lending and Swap;
*open-game Creation (X Creator), which provides a series of open-source and comprehensive game creation tools, from simple character creation to complex script/function editing; and the last;
*cross-game ecosystem (X DAO & X World System), which creates unique cross-game character and equipment experience, secure digital in-game item ownership and share multi-game resources, adopt more protocols to integrate other projects, and achieve AR/VR gaming experience from the platform.
How Many X World Games (XWG) Tokens Are There in Circulation?
The maximum total supply will be 10 billion XWG tokens. As of today, August 29th, 2022, there are 1,459,870,498 XWG tokens in circulation, approximately 14.6% of the total supply.
In addition, X World Games will initiate repurchasing/burning and other re-offering systems through decentralized governance to achieve a better economic deflation and ecological incentive mechanism. The detailed operation will begin with the community proposal and voting, and the whole process will be open and transparent.
The XWG token is essential for the permanent growth and development of X World Games, serving as fuel for the ecosystem. XWG acts as the payment currency on the X World Games Marketplace where users can sell or purchase in-game NFTs.
The XWG token holders will be able to claim rewards by participating in the play-to-earn mechanism, DeFi operation, and DAO voting process. XWG will also be accepted as the payment currency in X World Games Marketplace, where players can buy and sell their in-game NFT assets.
Find out about XWG token utility
Learn more about XWG burning mechanism
How Is the X World Games Network Secured?
XWG is an BEP-20 and ERC-20 token launched on BNBChain and Ethereum.
On top of that, all smart contracts have passed the security audit by Certik. The audit report is available here.
Where Can You Buy X World Games (XWG)?
As of August 2022, X World Games (XWG) is listed on numerous crypto exchange platforms, including KuCoin, Bybit, Gate.io, PancakeSwap (V2), MEXC, and BitMart.
Want to keep track of XWG prices? Download the CMC app.
Learn more about NFTs and crypto games here.
Don’t forget to visit the CMC blog for updates on other projects.
AI Analysis
What is the X World Games (XWG) cryptocurrency good for? What are its main use cases?
The X World Games (XWG) cryptocurrency is associated with the X World Games platform, which is focused on the gaming and esports sectors. While specific details and functionalities may evolve, here are some common use cases and benefits associated with the XWG cryptocurrency:
In-game Currency: XWG is often used as a digital currency within various games on the X World Games platform, allowing players to purchase in-game items, skins, upgrades, or other digital assets.
Rewards and Incentives: Players may earn XWG tokens as rewards for completing challenges, winning tournaments, or participating in other activities within the gaming ecosystem, incentivizing engagement and competitive play.
Marketplace Transactions: XWG can facilitate transactions in a marketplace where players can buy, sell, or trade in-game assets, NFTs (non-fungible tokens), and other related items in a decentralized manner.
Staking and Governance: Holders of XWG may have the ability to stake their tokens for rewards or participate in governance decisions, allowing them to have a say in the development and evolution of the platform.
Cross-Game Compatibility: If designed for interoperability, XWG could be used across multiple games within the ecosystem, providing players with a seamless experience and broader utility for their tokens.
Community Engagement: The cryptocurrency can foster a community-driven environment where players can engage more deeply with the gaming ecosystem, participate in events, or contribute to the platform's growth.
As the features and applications of the XWG cryptocurrency may change over time, it's essential to consult official resources or announcements from the X World Games project for the most accurate and up-to-date information.
What blockchain does X World Games use? Is it its own blockchain or built on top of another?
X World Games operates on the Binance Smart Chain (BSC), which means it is built on top of another blockchain rather than having its own independent blockchain. BSC is known for its low transaction fees and fast processing times, making it a popular choice for various decentralized applications (dApps) and games.
Is X World Games programmable? Does it support smart contracts or decentralized applications?
As of my last update in October 2023, X World Games is a blockchain-based gaming platform that incorporates elements of play-to-earn and NFT (non-fungible token) integrations. The platform utilizes blockchain technology to provide transparency, ownership, and interoperability of in-game assets.
Regarding programmability, X World Games does allow developers to create decentralized applications (dApps) and utilize smart contracts, enabling the creation of various game mechanics and economic systems on the blockchain. However, specific details about the extent of its programmability and the tools available for developers may vary and are subject to evolving updates from the platform.
If you're considering developing on or using X World Games, it's a good idea to check the official documentation or community resources for the latest information on its features and capabilities.
How fast are X World Games transactions? What is the typical confirmation time and throughput (transactions per second)?
As of my last knowledge update in October 2023, X World Games has not widely released specific figures for transaction speed, confirmation times, or throughput (transactions per second). Generally, these metrics can vary based on various factors like network conditions, the technology underpinning the blockchain, and how the platform is utilized during peak times.
For many blockchain platforms, typical transaction times might range from a few seconds to several minutes, and throughput can range from a handful of transactions per second to thousands. To find the most accurate and up-to-date information regarding X World Games, I recommend checking their official documentation, website, or community updates.
How much data can I store on the X World Games blockchain? Does it support on-chain data storage?
As of my last knowledge update in October 2023, the X World Games blockchain primarily focuses on gaming and NFTs (Non-Fungible Tokens) and aims to provide a platform for decentralized gaming applications. Typically, blockchains have limitations on data storage due to concerns about scalability, efficiency, and costs.
On-Chain Data Storage: Many blockchains, including gaming-focused ones, do support on-chain data storage, but it's often limited to relatively small pieces of data (like hashes, small metadata, or contract states). Storing large amounts of data directly on the blockchain can be cost-prohibitive and inefficient.
Storage Solutions: For larger data sets, developers often use off-chain solutions and link that data to the blockchain via hashes or references. This means that while some metadata or essential information might be stored on-chain, the bulk of data would reside on decentralized storage solutions like IPFS (InterPlanetary File System) or similar protocols.
For specific details on the X World Games blockchain's storage capabilities, it's best to consult their official documentation or community resources, as they would provide the most accurate and up-to-date information regarding data storage limitations and capabilities.
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