Fundraising Fox

Xprotocol

8 known investors

XProtocol is a consumer-focused blockchain Superchain offering high-throughput, near-zero gas transactions with interoperability for decentralized apps (dApps). It provides DePIN infrastructure including the XForge phone and Xardian nodes that run on laptops, desktops, and mobile devices.

Also known as X Protocol Β· XProtocol

Investors Β· 8

Also in the syndicate Β· 1

Zephyrus Capital

Company profile

researched Aug 2026

XProtocol is a modular, entertainment- and gaming-oriented blockchain built as a Layer 3 Superchain on top of Base, Coinbase's Ethereum Layer 2. The network is positioned as consumer-facing infrastructure with high-speed transactions, gas costs described as reduced to millionths of a cent, and stated potential to scale beyond 1,000 transactions per second. It is compatible with the Ethereum Virtual Machine, which the company says allows straightforward migration of existing Ethereum projects and reuse of standard developer tooling. Alongside chain infrastructure, XProtocol operates an entertainment portal and distribution network for newly launched projects, with an incentivized activity loop intended to drive engagement.

The project's DePIN (decentralized physical infrastructure) layer consists of Xardian nodes and the XForge smartphone. Xardian nodes can be run on laptops, desktops and the XForge device, and node operators are described as earning rewards for participating in the network's consensus process. XForge is presented as a node-operated blockchain DePIN smartphone offering passive rewards, sold through an early-access program. Node licences are sold in tiers, with a price of 0.10 ETH referenced on the company website. XProtocol's litepaper also describes a $KICK token and associated tokenomics.

The company's stated focus areas include Web3 gaming, iGaming and AI applications, with core principles centred on player ownership and governance of in-game assets, cross-platform interoperability of assets and progress, and broader crypto payment adoption for faster settlement.

Business model

XProtocol operates blockchain infrastructure and monetizes through sales of Xardian node licences (priced in ETH across node tiers) and hardware in the form of the XForge DePIN smartphone, alongside a native $KICK token described in its litepaper. Node licence holders were allocated 20% of total token supply, to be distributed after mainnet launch.

Sales of Xardian node licences (node tiers priced from 0.10 ETH) and the XForge phone, plus a native $KICK token described in the litepaper.

Traction

The company came out of stealth in July 2024 having raised $5.2M in total across multiple rounds, ran an Xardian node sale in the first half of 2024, and reserved 20% of total token supply for node licence holders. Its GitHub organization lists 38 repositories with continuing commit activity, and it maintains an early-access programme for the XForge phone.

Latest developments

In July 2024 XProtocol emerged from stealth with an $800K strategic round and unveiled Xardian Nodes, with mainnet launch planned for Q3 2024 (later reported as Q4 2024). The company has since promoted early access to the XForge phone and Xardian node tiers, and published a litepaper covering the $KICK token and tokenomics.

β–ΈFull profile β€” market position, technology, go-to-market, geography, risks & controversies

Market position

XProtocol positions itself as an entertainment-focused DePIN Superchain within the Base ecosystem, backed by crypto and corporate investors including Saison Capital, Dragonfly, CoinFund, Razer, zVentures, MSA Capital, Caballeros Capital, Cogitent Ventures and Zephyrus Capital.

Combination of an EVM-compatible Layer 3 Superchain on Base with consumer DePIN hardware β€” the XForge smartphone, described as the first node-operated blockchain DePIN smartphone β€” and Xardian nodes that run on ordinary laptops, desktops and mobile devices, targeted specifically at entertainment and gaming rather than general-purpose DeFi.

Technology

A Layer 3 Superchain deployed on Base (an Ethereum Layer 2), EVM-compatible to allow migration of Ethereum applications. The company cites potential throughput above 1,000 TPS and gas fees reduced to millionths of a cent, plus interoperability features for dApps. Decentralization is provided by Xardian nodes, which run on laptops, desktops and the XForge smartphone and earn rewards for participation in consensus. Public GitHub repositories include the Xardian client and XForge APK hosting, along with forks of Solana Go tooling, Postgres pooling, Kafka proxy and enclave tooling.

Go-to-market

Distribution runs through partner entertainment and gaming projects onboarded onto the chain, an entertainment portal and distribution network with incentivized activity loops, community channels (X, Discord, Telegram, YouTube), and direct sales of Xardian node licences and XForge phone early access. The company also works with a broad partner list including Animoca Brands, Aethir, Magic Eden, OKX, Huddle01, NodeOps, Carv, Intract, DePIN Alliance, Wonderverse and DestinyX.

Consumer users of Web3 entertainment and gaming applications, node operators and hardware buyers seeking passive rewards, and game and entertainment developers or partner projects deploying on the chain.

Geography

Corporate announcements were issued from George Town, Cayman Islands; partner and media relationships span Asia-Pacific, including Korea Blockchain Week and Block Media.

Risks & controversies

Public sources give inconsistent figures for the token distribution schedule for node licence holders (36 months in the July 2024 press release versus 48 months in subsequent press coverage) and for the planned mainnet launch date (Q3 2024 versus Q4 2024).

Compiled by commissioned research from 8 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Public GitHub repositoriesJan 202638 repositories
Stated throughput potentialJan 2024beyond 1000 TPS
Token supply allocated to node licence holdersJul 202420%
Total funding raisedJul 2024$5.2M
Xardian node tier priceJan 20260.1 ETH

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 6

launches, deals, and filings
Jul 2024
XProtocol exits stealth with $800K strategic round, total raised $5.2M

XProtocol announced an $800,000 strategic funding round bringing total funds raised to $5.2M, with participation across rounds from Dragonfly, Saison Capital, CoinFund, Razer, Caballeros Capital, MSA, zVentures, Cogitent Ventures and Zephyrus Capital.

$800K source β†—

Jul 2024
Partnership with DestinyX

DestinyX, an entertainment-focused gaming portal and crypto trading superapp, named as a protocol partner.

source β†—

Jul 2024
Partnership with Wonderverse

Wonderverse, a gaming publishing studio building multichain IP, joined as a protocol partner; founder Jason Sujaya cited XProtocol's use of Base Superchain technology.

source β†—

Jul 2024
Xardian Nodes unveiled

XProtocol unveiled Xardian Nodes, which contribute to network decentralization with operators earning rewards for participation in consensus; 20% of total token supply was earmarked for node licence holders.

source β†—

Jan 2024
Xardian Node sale

XProtocol ran a Xardian Node sale aimed at its community, with rewards tied to participation and partnerships.

source β†—

Jan 2024
XForge DePIN smartphone announced with early access programme

XProtocol introduced XForge, described as the first node-operated blockchain DePIN smartphone, offering passive rewards via decentralized infrastructure, with an early-access sign-up on its website.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Xprotocol do?
XProtocol is an entertainment- and gaming-focused Layer 3 DePIN Superchain built on Base, with Xardian nodes and the XForge phone.
Who are Xprotocol's investors?
Xprotocol's investors include Saison Capital, Caballeros Capital, Cogitent Ventures, CoinFund, Dragonfly, MSA Capital, Razer.