I was originally attracted to xDai’s promise of $.00002 gas fees, and 5 second transaction confirmations.
After spending 3 weeks to create a dApp using xDai, I learned why no one will ever use it:
To convert ETH to xDai, it costs $75 to convert ETH to Dai, plus $75 to convert Dai to xDai.
To convert xDai to ETH, it costs $75 to convert xDai to Dai, plus $75 to convert Dai to ETH.
To play with $100 of xDai costs $300 in transaction fees. No one will ever do that!
Several months ago, I posted a question on this forum requesting other methods to acquire xDai, The only response I received was a list of exchanges that either did not work in the U.S., or did not work at all with xDai.
The other problem with xDai is a complete lack of support and marketing.
Several weeks ago, I sent a message through the online chat interface at Contact us - xDai STAKE. That chat interface always says “We’ll be back online tomorrow.” I included my email address with my message, and received no response.
I also sent emails to several people listed at xDai Dev Team - xDai STAKE. Again, no response whatsoever.
For xDai to have any usefulness, a marketing team will have to do whatever is necessary for Coinbase or Kraken to add it to their exchange.
They should also remove the online chat from their support page, since it causes distrust for their team when there is no response to messages sent to it, and it always says.“We’ll be back online tomorrow.”