November 16, 2023

Burnt (XION) β€” The First L1 Purpose Built For Consumer Adoption

Description

πŸ”₯ XION is the first modular Generalized Abstraction layer, purpose built for consumer adoption by enabling seamless user experiences for everyday users.

XION’s novel Generalized Abstraction at the protocol level spans Accounts, Signatures, Gas, Interoperability, Pricing, Devices, Payments, and more. By abstracting away all crypto complexities, XION allows the development of next-generation projects bringing Web3 to mainstream audiences worldwide.

Infrastructure β€” Generalized Abstraction Layer 1 Chain

  • Generalized Abstraction: unique and primitive protocol-level abstraction that spans Accounts, Signatures, Payments, Pricing, Interoperability, Devices, Gas, and more to make Web3 accessible to everyone, everywhere.
  • Account Abstraction β€” XION is the first chain to have modular account abstraction at the protocol level
  • Signature Abstraction β€” XION is the first chain to be signature-curve agnostic, enabling the signing of transactions using FaceID, Passkeys, EVM curve, Solana curve, and more
  • Abstracted Interoperability β€” XION enables true interoperability through cross-chain one-click checkout and staking with any token
  • Pricing Abstraction β€” XION is the first chain to utilize familiar fiat denominated pricing, also eliminating asset volatility
  • Device Abstraction β€” XION provides robust support and efficient operations across various devices
  • Payment Abstraction β€” The XION chain runs via direct credit and debit card transactions
  • Gas Abstraction β€” XION eliminates the concept of gas fees entirely for the end user
  • XION’s infrastructure allows the development of next-generation mass-market projects through unparalleled user-friendly experiences. This is made possible by its familiar login methods, seamless mobile support, lightning-fast gasless transactions, native on & off ramps, global direct credit/debit card purchasing, familiar fiat denomination, interoperability with 50+ other networks, and more.
  • XION’s L1 abstracts away all crypto complexities for users to enable mass adoption

Investors

Raised over $11M from industry leading investors including Animoca Brands, Circle Ventures, Multicoin, Valor, Hashkey, Spartan, Mechanism, Figment, Coinlist Seed, Injective, Alliance DAO, Sandeep Nailwal (Polygon), and more.

Community

There are many activities for the community to participate in the project, from deploying their own node in the network to ambassadorships.

  1. ambasador company β€” https://xion.burnt.com/blog/blaze-syndicate-community-program-launch
  2. Node β€” https://docs.burnt.com/xion/full-nodes/system-config

In general, we right now you can go to their discord and follow all the news, participate in the development, communicate with people

References

β˜‘ Website: https://xion.burnt.com/

β˜‘ Twitter: https://twitter.com/burnt_xion

β˜‘ Discord: https://discord.gg/burnt

β˜‘ Blog: https://xion.burnt.com/blog

β˜‘ Telegram: https://t.me/xion_announcements

β˜‘ XionExpedition: https://galxe.com/burnt

β˜‘ Zealy: https://zealy.io/c/burnt-xion

β˜‘ Guild: https://guild.xyz/burnt