1. Institute Review
XION is the first wallet-free Layer 1 blockchain, designed to enable mainstream applications through chain-level abstraction. On XION, users can register simply by entering a Web2 email address and a verification code, after which the system assigns a XION wallet address. This streamlined process makes wallet setup effortless. Crypto-native users can also interact with XION using any wallet of their choice. Currently, XION supports binding with OKX Wallet.
2. Recent Highlights
XION has recently become one of the most popular projects among airdrop enthusiasts. With a large number of participants and a growing community, the project has attracted significant attention.
3. Project Overview
Burnt (XION) is a Layer 1 blockchain designed to simplify the consumer experience by removing technical barriers associated with cryptocurrency. It offers features such as seamless fiat conversions, credit card purchases, user-friendly Web2-style logins, mobile-optimized secure account management, and gas-free transactions.
4. Token Utility
The native token, XION, allows users to participate in network security through staking and contribute to network governance.
5. Tokenomics
Total Supply: 200,000,000 XION
Allocation:
69% reserved for the community (testnet users, builders, Discord members, etc.), with eligibility based on various factors like leaderboard rankings and participation in events such as EarnOS, BlockX, XionEverywhere, and Galxe activities.
6% for Miladi & Remilio communities
5% for Gigachad community
4% for SPX 6900 community
4% for Based Brett community
3% for Injective community
2% each for Berachain, Tensorian, and Monad communities
1.5% for Mocaverse community
1% for Pyth community
6. Project Highlights
None identified.
7. Investors
XION successfully raised $36 million in funding. Investors include renowned institutions such as Multicoin, Animoca Brands, and Arrington Capital.
8. Community
Twitter: 740,000 followers
Telegram: 210,000 members
9. Special Economic Model
None identified.
10. Future Outlook
XION is the first Layer 1 blockchain built specifically for consumer adoption. By abstracting the complexities of crypto, it addresses scalability challenges and delivers a seamless user experience while retaining the core Web3 values of decentralization, transparency, and verifiable ownership. With its innovative technology and extensive potential, XION promises to bring unprecedented convenience and security, heralding a new wave of mass Web3 adoption.
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/12/4
1. Institute Review
XION is the first wallet-free Layer 1 blockchain, designed to enable mainstream applications through chain-level abstraction. On XION, users can register simply by entering a Web2 email address and a verification code, after which the system assigns a XION wallet address. This streamlined process makes wallet setup effortless. Crypto-native users can also interact with XION using any wallet of their choice. Currently, XION supports binding with OKX Wallet.
2. Recent Highlights
XION has recently become one of the most popular projects among airdrop enthusiasts. With a large number of participants and a growing community, the project has attracted significant attention.
3. Project Overview
Burnt (XION) is a Layer 1 blockchain designed to simplify the consumer experience by removing technical barriers associated with cryptocurrency. It offers features such as seamless fiat conversions, credit card purchases, user-friendly Web2-style logins, mobile-optimized secure account management, and gas-free transactions.
4. Token Utility
The native token, XION, allows users to participate in network security through staking and contribute to network governance.
5. Tokenomics
Total Supply: 200,000,000 XION
Allocation:
69% reserved for the community (testnet users, builders, Discord members, etc.), with eligibility based on various factors like leaderboard rankings and participation in events such as EarnOS, BlockX, XionEverywhere, and Galxe activities.
6% for Miladi & Remilio communities
5% for Gigachad community
4% for SPX 6900 community
4% for Based Brett community
3% for Injective community
2% each for Berachain, Tensorian, and Monad communities
1.5% for Mocaverse community
1% for Pyth community
6. Project Highlights
None identified.
7. Investors
XION successfully raised $36 million in funding. Investors include renowned institutions such as Multicoin, Animoca Brands, and Arrington Capital.
8. Community
Twitter: 740,000 followers
Telegram: 210,000 members
9. Special Economic Model
None identified.
10. Future Outlook
XION is the first Layer 1 blockchain built specifically for consumer adoption. By abstracting the complexities of crypto, it addresses scalability challenges and delivers a seamless user experience while retaining the core Web3 values of decentralization, transparency, and verifiable ownership. With its innovative technology and extensive potential, XION promises to bring unprecedented convenience and security, heralding a new wave of mass Web3 adoption.
Join the CoinW Institute to decipher the world of crypto with no threshold for quality projects!
CoinW Institute
2024/12/4