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## XAI: Understanding Utility Tokens for Decentralized AI Platforms
XAI is a cryptocurrency asset specifically designed to support the ecosystem of AI-based platform (AI) running on blockchain infrastructure. This token functions as both a utility instrument and a governance mechanism within the network.
### Economic Model and Token Distribution
The XAI token structure demonstrates interesting characteristics in terms of supply:
- **Maximum total supply**: 2,107,138,203 XAI tokens
- **Circulating supply**: 1,931,091,778 XAI
- **Circulation rate**: reaching 77.24% of the total supply
- **Current market price**: $0.02 per token
This economic design ensures that most tokens are active within the ecosystem, reflecting significant user engagement in the network.
### Practical Functions and Uses
XAI is not just a speculative asset but has several strategic roles:
First, this token is used as a payment mechanism to access various AI services and data processing needs within the platform. Users can utilize computing services by spending XAI.
Second, holders can stake to earn rewards and participate in transaction validation processes on the network. This encourages long-term commitment from ecosystem participants.
Third, XAI grants voting rights to its holders in platform governance decision-making. This means the community of token holders has direct influence over the evolution and upgrades of the protocol.
Fourth, this token facilitates active participation in AI model development initiatives and decentralized training programs, creating incentives for innovators and researchers.
### Trading Ecosystem and Liquidity
XAI has been listed on several digital exchange platforms, both centralized and decentralized protocols. Availability across various trading venues ensures users have options to trade according to their preferences.
### Supporting Platform Characteristics
The platform supporting XAI is built on the principles of full decentralization, enabling developers, researchers, and industry partners to collaborate within an open ecosystem. Key features include:
- Transparent and scalable blockchain infrastructure
- Support for various contemporary AI frameworks and models
- Incentive programs to encourage community contributions
- A growing and innovative network of developers and researchers
### Important Notes for Investors
Information about XAI and its ecosystem continues to evolve alongside the project’s development. To ensure the most accurate and up-to-date data, it is recommended to always refer to official project sources and trusted market data platforms such as CoinMarketCap or CoinGecko. Conducting thorough research before making investment decisions is always a wise practice in this dynamic crypto market.