Today, we’re pleased to release the Xyxyx Tokenization Boilerplate (XTB), a text-based tokenization boilerplate designed to run on the Xyxyx API.

XTB is open-source (see the GitHub repository here). The boilerplate is meticulously conceived to be seamlessly implemented into any existing system as the Xyxyx API becomes released.

XTB

At its core, XTB proposes a text-based tokenization boilerplate that enables any existing system to record its critical text data on the EVM through text-based tokens, providing an unparalleled level of data provenance and integrity.

XTB is a script that streamlines the process of minting a text-based token arbitraged by a # system via the Xyxyx API and a # system‘s ERC-721F contract incorporated for the task — where # is any existing system.

The script that embodies XTB is structured into three modules: Data Source Module, Central Module, and Tokenization Module.

1. Data Source Module: The Data Source Module is the module that generates the source text data to become tokenized. The module can be composed by any existing system. The Data Source Module generates text data and sends it as a request to the Central Module (see item 2) to be tokenized by the Tokenization Module (see item 3).

2. Central Module: The Central Module is the module that receives text data inputs from the Data Source Module and sends it to become tokenized by an on-chain module called the Tokenization Module (see item 3). Fundamentally, the Central Module is incorporated by the Xyxyx API, which processes and forwards the text data received from the Data Source Module in a fully structured manner to become tokenized in the next step of the tokenization process.

3. Tokenization Module: The Tokenization Module is the module that transforms text data generated from the Data Source Module and parsed by the Central Module into text-based tokens. The Tokenization Module is embodied by an ERC-721F smart contract deployed for this task. Such ERC-721F contract issues the text-based tokens that reflect the source text data requested by the Data Source Module, based on instructions and arguments parsed by the Xyxyx API.

Xyxyx API POC

XTB is conceived as an Xyxyx API POC.

We have built a simple implementation of the XTB that employs an automated X account as the Data Source Module for embodying the POC. In turn, the X account generates the source text data (i.e., posts) as requests, communicating with the Xyxyx API via the X API.

POC Functionality

In short, every post made by the automated X account results, via Xyxyx API, in a request for issuance of a reflective text-based token by an ERC-721F smart contract deployed for the POC. The tokenization process is fully automatized, requiring no human management.

POC Execution

• The POC will span 10 days, running from February 19th to March 1st, 2025.

• The automated X account used in the POC can be found here (@xtb_poc).

• The POC runs on Arbitrum One.

• The ERC-721F smart contract deployed by Xyxyx for the POC can be found here.

• The OpenSea page for the ERC-721F contract can be found here.

During the 10-day execution period, the automated X account will post 10 times per day, resulting in the issuance of 100 text-based tokens by the ERC-721F contract upon the conclusion of the POC.

The 100 tokens generated during the 10 days are aggregated/indexed as a ‘single collection’ on ERC-721-compliant platforms like OpenSea.

The POC adopts a straightforward approach to text-based tokenization: each day, the automated X account will post a timestamp of the current date and time ten times.

An example X post might be:

2/16/2025, 11:38:48 PM (UTC)

The respective reflective text-based token might be:

XTB Scalability

Although the POC execution proposes a short 10-day period, with a soft issuance of 10 text-based tokens per day (i.e., 10 API calls per day), XTB can be scaled to any frequency of Xyxyx API calls — and subsequently any frequency of token issuance, e.g., 1 text-based token per minute (1,440 API calls per day) during a year (resulting in a total of 525,600 API calls, or 525,600 text-based tokens).

What’s next

Xyxyx Tokenization Boilerplate (XTB) is aimed at providing developers with a performant foundation for building on the Xyxyx API. The use cases in that the API can be leveraged are endless, and we look forward to seeing how builders will explore it.

XTB represents the first phase of the Xyxyx API rollout. As we move into the second phase, we now focus on introducing the ERC-721F standard and the Xyxyx API Keys, positioning Xyxyx to the release of its upcoming API.