Back to collectionA Foundation Letter Spans Years; a Key Holder Asks About This Month
The token price was moving sideways at a low level, while news of departing games and questions about key rewards still weighed on the community. Today, the price held around USD 0.019. The years of cash runway, two-year deployment count, and breadth of Raijin's reach gave the Foundation a long-term account.
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The token price was moving sideways at a low level, while news of departing games and questions about key rewards still weighed on the community. The Foundation chose this moment to send a letter explaining what the ecosystem was doing and addressing concerns about funding and direction.
Today, the price held around USD 0.019. In its letter to everyone, the Foundation said the state of the industry made it time to give an account of Xai. It had several years of cash runway and would keep building long-term platform value in games and some new on-chain markets. Citing the figures of tool providers Sequence and Thirdweb, it said thousands of games and applications had been deployed on the chain over two years; the Foundation had directly signed nearly a dozen larger games; and Raijin's analytics and promotion platform indirectly connected more than 200,000 Steam games. The passage that made readers pause concerned direction: the unanimously approved proposal from earlier in the year was being implemented, with support extending to projects beyond games. The letter spoke vaguely of the Xai chain and ecosystem benefiting from access to and exposure in a 'rapidly growing quantum-related market,' leaving details for later. It closed by inviting the community to keep proposing, voting, and building. That evening, someone asked why returns from staking small keys had fallen. The operator replied that node rewards had recently been halved again.
The years of cash runway, two-year deployment count, and breadth of Raijin's reach gave the Foundation a long-term account. The reward reaching a small-key holder now had fallen again. The narrator could see what each account described, and that neither answered the other. The community's next questions were where support beyond games would go, what the quantum-related market meant, and how the long-term pledge would address changes in monthly rewards.