XAI Coin: Who Started the 'NodeMeta' Trend and Why Is It Important?

IconCrypto News Terminal24 Apr, 2024

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XAI Coin: Who Started the 'NodeMeta' Trend and Why Is It Important?

XAI, an Avitrum (ARB)-based gaming layer-3 network, has recently taken to its official X (formerly Twitter) account to express its frustration: "We're the ones that started 'NodeMeta' in the cryptocurrency industry, but it's crazy that no one is talking about it." NodeMeta refers to the industry trend of numerous projects conducting 'node sales' to raise funds. These projects often offer benefits to users who purchase a limited number of node operating rights and operate them, including airdrops of tokens. XAI's statement highlights its belief that it was the first project to introduce this concept to the cryptocurrency space. However, despite its claims of being the originator, the lack of attention and discussion around NodeMeta has left the team puzzled. "It's like we're shouting into a void," said an XAI representative. "We're not seeing the recognition or traction that we believe this concept deserves." Many projects have adopted the NodeMeta model as a way to generate revenue and engage their communities. By selling a limited number of node operating rights, projects can incentivize users to become active participants in their ecosystems. This can lead to increased participation, decentralization, and network security. Despite the potential benefits, XAI believes that the NodeMeta concept is not receiving the attention it deserves. The team hopes that by speaking out, they can spark a wider discussion about the importance of NodeMeta and its potential to revolutionize the cryptocurrency industry. Previously on [date], [one liner summary of previous news].