Major News: XION Raises $25M to Make Crypto Disappear

XION is the first blockchain purpose-built for mainstream adoption, enabling developers to build, launch, and scale consumer-ready Web3 products from the ground up.

It has already demonstrated significant usage and adoption during its testnet with the creation of more than 1.3M+ Meta Accounts, the smooth processing of over 15M+ transactions, and an ecosystem of over 150 projects.

Investors in the latest funding round include Multicoin, Animoca Brands, Arrington Capital, Draper Dragon, and more. The new capital will allow XION to continue quickly expanding its development and global ecosystem, as it continues its mission of making Web3 accessible to everyone, everywhere.

📄 Blog: https://xion.burnt.com/blog/xion-raises-25m-to-make-crypto-disappear

🐦 Announcement: https://x.com/burnt_xion/status/1774791414838104310?s=20

Burnt

XION Raises $25M to Make Crypto Disappear

XION is built to abstract away all crypto complexities. It empowers developers to create frictionless Web3 experiences, with a Generalized Abstraction layer that removes technical barriers for all users.

Disseminating the fire of knowledge amongst humanity requires a sacrifice to the Titan - a pursuit with the potential to ignite minds and illuminate paths.

📅 Thur, March 28th | 10am EST (2pm UTC)

Let the chosen sacrifice be offered willingly, PythNetwork Pilgrims.

https://x.com/burnt_xion/status/1773002311431864701?s=20

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Disseminating the fire of knowledge amongst humanity requires a sacrifice to the Titan - a pursuit with the potential to ignite minds and illuminate paths. ***📅*** Thur, March 28th | 10am EST (2pm UTC) Let the chosen sacrifice be offered willingly, @PythNetwork…

Bestowed with the primordial fire, they are marked by the guardian as bearers of change, destined to ignite the horizons with their innovations.

Into the realm steps the first luminary — Monad

📅 Wed, March 27th | 10am EST (2pm UTC)

Welcome, Nads, to the Syndicate.

https://x.com/burnt_xion/status/1772629138844557781?s=20

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Bestowed with the primordial fire, they are marked by the guardian as bearers of change, destined to ignite the horizons with their innovations. Into the realm steps the first luminary — @monad\_xyz ***📅*** Wed, March 27th | 10am EST (2pm UTC) Welcome, Nads…

https://x.com/burnt_xion/status/1772464141099323660?s=20

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Shrouded in the mythos of Prometheus. An enigmatic guardian of the flame holds in his grasp the primordial gift of fire. He seeks the worthy — those whose spirits blaze with the courage to kindle change.

XION Joins Open Liquidity Network
We're thrilled to announce that XION is joining the Open Liquidity Network (OLN), facilitated by @OmniFDN.

XION strongly believes in the importance of open standards, and with this integration, XION tokens will become seamlessly accessible across all major rollups. This will greatly foster deeper liquidity and, consequently, enhance user experience across the board.

📄 Blog: https://xion.burnt.com/blog/xion-joins-open-liquidity-network

🐦 Retweet: https://x.com/burnt_xion/status/1770450984679903317?s=20

Burnt

XION Joins Open Liquidity Network

XION joins the Open Liquidity Network to enhance liquidity and user experience.

New Token Standard: Fungible Duality
We’re excited to introduce the Fungible Duality token standard on XION!

It's an exciting experimental framework upon which novel consumer-facing use-cases can be built. By enabling tokens to be both divisible and unique, it creates new opportunities for acquisition, engagement, and retention of users. When combined with XION’s consumer-facing infrastructure, it unlocks a plethora of innovative use cases and applications, further pushing the industry towards mainstream adoption.

📄 Blog: https://xion.burnt.com/blog/xion-introduces-fungible-duality-token-standard

🐦 Retweet: https://x.com/burnt_xion/status/1769920389298160058?s=20

Burnt

XION Introduces Fungible Duality Token Standard

Fungible Duality is an exciting framework upon which novel consumer-facing use-cases can be built.

Generalized Abstraction Launch: Crash Game

We just released the Crash Game!

It is a simple yet powerful example of Generalized Abstraction in action. It combines XION's meta accounts, device abstraction, and parameterized fee layer to demonstrate a fully on-chain game that removes all friction typically present in Web3 apps & games.

An interactive game, it is designed to showcase multiple facets of Generalized Abstraction available to all developers building on XION, while serving to stress-test the network under extreme conditions.

🐦 Retweet: https://x.com/burnt_xion/status/1750535081972928705?s=20

🔥 Play: https://crash.burnt.com

💥 Badge: https://xion.bonusblock.io

📚 Learn More: https://xion.burnt.com/blog/generalized-abstraction-crash-game

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Launching the Crash Game ***💥*** A simple, yet extremely powerful example of Generalized Abstraction in action. https://t.co/4UlH4vFveW

ABSTRACTATHON JUDGES REVEALEDWe're excited to reveal our amazing Abstractathon Judges, a panel of industry leaders 🔥

Join a unique opportunity to build the most consumer-friendly applications, in one of the fastest growing ecosystems.
💥 Retweet: https://x.com/burnt_xion/status/1749805660139839607?s=20

📚 Hackathon Details: https://dorahacks.io/hackathon/abstractathon/detail

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Excited to reveal our amazing Abstractathon Judges, a panel of industry leaders ***🔥*** Join a unique opportunity to build the most consumer-friendly applications, in one of the fastest growing ecosystems. https://t.co/z6zfgyaOEY

ABSTRACTATHON OFFICIAL KICKOFFWe're excited to officially kick off the XION hackathon today, which will run until February 14th!

With a prize pool of $20,000 and judges from the core team, top-tier industry VCs, and partners, this is your opportunity to take your idea to the next level.

Hackers once you've submitted your Buidl project throughout the hackathon, check back below to mint your on-chain proof of participation!
💥 Retweet: https://x.com/burnt_xion/status/1747640903232025002?s=20

🛠️ Buidler Proof of Participation: https://xion.bonusblock.io/

📚 Hackathon Details: https://dorahacks.io/hackathon/abstractathon

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Come tune in to the ABSTRACTATHON opening ceremony today! Featuring a prize pool of $20,000 and judges from the industry's best projects & VCs, this is the opportunity to take your idea to the next level. Full Details: https://t.co/t7q6tHGoaQ https://t.co/q1suHPZsgJ

Major Launch: XION’s Generalized Abstraction Testnet

This is XION’s biggest infrastructure upgrade to date, the final preparation as it heads towards mainnet, and introduces many innovations outlined in the Generalized Abstraction whitepaper.

How can you join the testnet?

Read the launch blog below to learn more about the launch and how you can get involved. Users will have the opportunity to experience the immense benefits of XION’s Generalized Abstraction and developers the opportunity to build the most user friendly applications to date.

💥 Retweet: https://x.com/burnt_xion/status/1746910163645112445?s=20

📚 Testnet Walkthrough: https://xion.burnt.com/blog/xion-generalized-abstraction-testnet-launch

X (formerly Twitter)

Burnt (XION)🔥 (@burnt_xion) on X

Introducing the Generalized Abstraction Testnet XION’s final step towards mainnet Wake up, anon ↓