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🧵 Zero To One: How XION is Simplifying Web3 for Everyone 1/ What is XION? XION is a revolutionary layer one blockchain designed to empower builders to create consumer-friendly Web3 applications. By leveraging its unique Chain Abstraction solution, XION simplifies the user experience, removing the complexities that often deter people from engaging with Web3.
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2/ The Mission XION’s mission is to make Web3 accessible to everyone, everywhere. It tackles the major barriers to widespread Web3 adoption by enabling frictionless, user-friendly experiences. Just as users don’t need to understand HTTP to use the internet, they shouldn’t need to grasp blockchain intricacies to benefit from Web3.
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3/ Early Success & Growth XION has already gained significant traction with over 3 million active users and $36 million in funding, backed by top-tier investors like Multicoin and Animoca Brands. With 170+ integrations and partnerships, XION’s ecosystem is rapidly expanding.
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4/ The Story Behind XION Founded by Burnt Banksy, who made waves in the NFT world by burning a Banksy painting and selling its NFT for $380,000, XION was born out of a need to make Web3 more accessible. Burnt Banksy’s journey highlighted the technical barriers of crypto, leading to the creation of XION.
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Breaking Down Chain Abstraction Account Abstraction: Simplifies logins & account management with smart contracts. Signature Abstraction: Enables biometrics, passkeys, & more for signing transactions. Pricing Abstraction: Products can be fiat-denominated, reducing volatility. Device Abstraction: Seamlessly use Web3 apps across devices. Payment & Gas Abstraction: Simplifies payments & eliminates the need to manage gas fees.
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Blaze Syndicate Community XION’s community, known as the Syndicates, is over 1.3 million members strong. With a global presence in 150+ countries, the Syndicates are united by a shared mission to spread Web3 knowledge, symbolized by their mascot, Blaise.
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