New Opportunities for Large-Scale Web3 Applications: The Innovative Path of the XION Public Chain

Although Web3 technology has great potential, it still faces many challenges in user adoption. Currently, there are two main barriers to the adoption of Web3 in the mainstream world: functional barriers and cultural barriers. The emerging L1 public chain XION was created to address these two issues. This article will delve into XION's vision and how it can help Web3 achieve widespread application.

XION: An L1 network focused on simplifying the complexity of cryptocurrency

The developer of XION, Burnt, has extensive experience in the Web3 space. They initially explored the possibilities of digital art by converting Banksy's physical artworks into NFTs, and later developed a no-code product for creators called Burnt Finance. During this process, the Burnt team realized that the complexity of NFTs and the entire Web3 industry makes it difficult for widespread adoption.

To break through this bottleneck, Burnt has built the XION public chain based on Cosmos, aiming to simplify the complexity of cryptographic technology and provide users with a frictionless experience while retaining core features of Web3 such as decentralization, transparency, and verifiable ownership. The goal of XION is to promote the widespread adoption of Web3 by optimizing functional and cultural barriers.

In addition, thanks to the inter-blockchain communication (IBC) protocol of Cosmos, XION can quickly integrate with other application chains and their related applications. This "chain interconnectivity" feature allows XION to provide more functionalities for users and create new application scenarios for developers.

Overcoming Web3 Application Barriers

1. Simplify complex functions

For new Web3 users, the first use of the application may require executing up to 15 complex steps, resulting in a user churn rate of up to 95%. XION optimizes the user experience 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 who must hold native tokens to trade.
• Abstract Wallet Complexity: Users can create an MPC wallet using only their email, without the need to download a plugin.
• Mobile support: Ensure 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.

2. Eliminate cultural barriers

In addition to functional barriers, Web3 also faces cultural barriers. XION addresses this issue in the following ways:

• Simplified terminology: Replace or completely abstract complex technical terms.
• Enhance credibility: Collaborate with well-known companies in the Web2 and Web3 fields, such as Animoca, Circle Ventures, etc.
• Reduce user education costs: The infrastructure design of XION eliminates complexity, significantly lowering the learning costs required for user interaction.

Conclusion

To achieve widespread adoption of Web3, it is essential to have not only robust and practical infrastructure but also to build a user interaction experience layer that is as intuitive and popular as Web2 platforms. XION is expected to become a catalyst for the widespread application of Web3, pursuing not only technological advancement but also laying the foundation for cultural innovation in Web3. By addressing the functional and cultural barriers currently faced by Web3, XION is paving the way for the future of Web3.