XION

xion

XION is a Layer 1 blockchain and Smart Contract Platform purpose-built for mainstream consumer adoption, developed by the Web3 foundry Burnt. Distinguished by its pioneering "Chain Abstraction" solution, XION seamlessly integrates complex functionalities like account management, signature handling, and fee abstraction directly at the protocol level. This empowers developers to create intuitive and frictionless Web3 applications, making blockchain interactions as simple as traditional web experiences. The project addresses key barriers to adoption within the Ethereum Ecosystem and broader crypto space. The native $XION token is central to the ecosystem, used for securing the network via staking (Proof of Abstraction), powering transactions, and facilitating decentralized governance. XION, part of the Animoca Brands and Multicoin Capital portfolios, and boasting over 4.2 million Meta Accounts, simplifies digital asset ownership and empowers developers to build consumer-ready solutions across various use cases, making it a key player in the Chain Abstraction movement.

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Smart Contract PlatformL1Ethereum Ecosystem+7 More

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