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XION Public Chain: An Innovative Solution to Solve the Challenges of Large-Scale Adoption in Web3
A New Starting Point for the Mass Adoption of Web3: The Innovative Path of the XION Public Chain
The Web3 industry has been discussing its potential for many years, but progress in user adoption has been slow. Currently, the mainstream world faces two major obstacles to the adoption of Web3: functional and cultural. The emerging L1 public chain XION was born to address these two issues. Let's take a closer look at XION's vision and how it helps Web3 achieve mass adoption.
XION: An L1 network focused on simplifying the complexities of cryptocurrency
The developer of XION, Burnt, initially gained fame for burning Banksy artworks and issuing NFTs, aimed at encouraging artists to explore the NFT space. In the following year, Burnt focused on developing no-code products and early NFT standards for creators.
During this process, Burnt realized that NFTs and the entire Web3 industry are difficult to adopt at scale due to their complexity. To address this, they built XION, an L1 blockchain based on Cosmos that is dedicated to simplifying cryptocurrency complexities. XION aims to provide a frictionless user experience while retaining the core features of Web3, such as decentralization, transparency, and verifiable ownership.
XION's goal is to promote the mass adoption of Web3 by optimizing the barriers in functionality and culture. By focusing on user experience, accessibility, and scalability, XION is committed to creating an ecosystem that supports developers and users, thereby maximizing the potential of blockchain technology.
Major Obstacles Facing Web3 and XION's Solutions
Functionality issues: complex and unfriendly user experience
For new users, the first use of Web3 applications may require up to 15 complex steps, taking several days. This results in a user attrition rate of up to 95%. XION addresses this issue in the following ways:
Simplified entry process: Users can directly purchase on-chain products using credit/debit cards, covering approximately 6 billion cardholders.
Gas-free transactions: Eliminates the barrier for users to hold native tokens.
Simplified wallet usage: New users can create an MPC wallet using just their email, without the need to download a plugin.
Mobile Support: Ensure that users can securely access the XION ecosystem anytime and anywhere.
USDC Pricing: All products built on XION are priced in USDC, making it easier for new users to understand.
Cultural barriers: complex terminology, difficult to understand
The Web3 world is filled with unfamiliar terminology and complex concepts, making it feel like entering a new universe for new users. XION addresses this challenge in the following ways:
Simplify terminology: Replace complex terms with easier-to-understand words, or completely abstract them.
Enhance credibility: Collaborate with well-known companies in the Web2 and Web3 fields, such as Animoca, Circle Ventures, Checkout.com, etc.
Reduce user education requirements: Significantly lower interaction complexity through unique infrastructure design.
Conclusion
XION is not only committed to technological advancement but also lays the foundation for the Web3 cultural revolution. By building an intuitive, user-friendly experience layer, XION is expected to become a key force driving the mass adoption of Web3. Its innovations not only address functional barriers but also simplify user interaction processes, opening the doors to Web3 for a wider audience.