Bittime - The blockchain world continues to grow rapidly, but one of the challenges faced is scalability. Xaya comes as a platform that offers solutions for scalability by enabling the development of fully decentralized, permissionless, and serverless games and dApps. Xaya uses a unique approach by separating game computing from the core blockchain, thus enabling complex, real-time gaming without burdening the blockchain.
What is Xaya?
Xaya is a platform that does not rely on a specific programming language or blockchain, which allows the creation of completely decentralized, permissionless, trustless, and serverless games and dApps. Xaya uses the blockchain as a cryptographically secure underlying data store, but separates the game logic from the blockchain using Game State Processors (GSP).
Xaya Key Products & Features
- Game State Processors (GSP): Xaya components that enable developers to build complex games and dApps without the limitations of blockchain computing.
- Game Channel: Technology that allows real-time multiplayer games (MMOs) and complex dApps to operate outside the blockchain, reducing the load on the core blockchain.
- Blockchain Agnostic: Xaya does not rely on any particular blockchain, allowing GSP to be developed and run on other platforms such as Ethereum.
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What is CHI?
CHI is the native currency of the Xaya blockchain. CHI is used for various purposes in the Xaya ecosystem, such as:
- Pay transaction fees: CHI is used to pay channel opening and closing fees within Game Channels.
- Purchase in-game items: CHI can be used to purchase in-game items built on the Xaya platform.
- Staking: CHI can be staked to earn rewards.
Tokenomic Token CHI
- Total Supply: 63.67 million CHI
- Circulating Supply: 54.52 million CHI
- Market Cap: IDR 66.01 billion
Data based on CoinMarketCap as of March 7, 2024.
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Xaya Fundamental Analysis (CHI)
Xaya has an experienced development team consisting of individuals with experience in gaming and blockchain. Xaya technology has the potential to be a solution for the scalability of games and dApps on the blockchain. The project is backed by a number of well-known investors in the blockchain industry.
Xaya (CHI) Comparison & Competitors:
| Feature | Xaya (CHI) | Decentraland (MANA) | The Sandbox (SAND) | Wax (WAXP) |
| Gender | Platform game & dApps | Metaverse | Sandbox game | Marketplace & dApps |
| Token | WHO | WHERE | SAND | WAXP |
| Blockchain | Xaya Chain (merged mining with SHA-256d & Neoscrypt) | Ethereum | Ethereum | EOS |
| Main Features | Game State Processors, Game Channel, blockchain agnostic | Marketplace, NFT, world building | Sandbox game, NFT, marketplace | Marketplace, dApps, fiat on-ramp |
| Developer Support | Active | Active | Active | Active |
| Community | Growing | Large and active | Large and active | Growing |
Founder & Tim Xaya
Xaya is developed and managed by Autonomous Worlds Ltd.
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Expert Opinion About Xaya (CHI)
Some experts in the blockchain field see the potential of Xaya as a solution for the scalability of games and dApps. However, this project is still relatively new and there hasn't been much analysis from financial experts or gaming experts about Xaya (CHI).
Conclusion
Xaya is a platform that offers innovative solutions for the scalability of games and dApps on the blockchain. Xaya technology allows developers to build complex games and dApps without the limitations of blockchain computing.
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