MultiversX has teased its forthcoming product, xAI, to the community, indicating a tentative rollout in the upcoming month. xAI is an innovative blend of artificial intelligence and blockchain technology designed to aid users in navigating the realm of Web3.

According to MultiversX, the product aims to facilitate developers in transitioning from Web2 to Web3 by harnessing the potential of blockchain technology. Notably, xAI is engineered to continuously learn, absorbing new terminology, concepts, and technical jargon, among other things. By employing artificial intelligence, it seeks to break down the barrier of sifting through vast amounts of internet data, making it more accessible for users to tap into the wealth of knowledge available worldwide.

xAI is the collaborative effort of numerous developers contributing to an open-source platform, all originating from the official Builders Discord server.

Currently undergoing testing, the team is pushing the boundaries to ensure the seamless functioning of the product and its ability to handle a high volume of requests. Feedback will be gathered and used to refine the product's performance during the testing phase. Once finalized, the full version will be released to the public next month.

In its initial stages, xAI is tailored to serve specific purposes, including creating readme files, addressing inquiries about MultiversX, conducting tests for smart contracts, and explaining smart contracts or assisting in code reviews.

MultiversX regards xAI as a significant addition to its ecosystem, foreseeing its evolution into a core component of the system moving forward. Additionally, the product will be available for integration into various applications emerging on the network, promoting adoption and facilitating the transition from Web2 to Web3.

This development follows the introduction of the Governance Forum, a pivotal milestone for the MultiversX Network. Serving as a progressive decentralized platform based on Agora and a voting portal, eligible users who have staked at least 1 EGLD from their wallets can participate in Agora.

With Artificial Intelligence gaining momentum, platforms are striving to maximize its potential. While blockchain technology garnered attention with the rise of cryptocurrencies, its creative boundaries are now being explored more extensively than ever before.