XION (XION)

XION by Burnt is a blockchain infrastructure designed with the core user experience factor in mind. Advanced features include account management, signature processing, fee abstraction, and interoperability. This way, it will be easier for mainstream users to interact with blockchains by abstracting the technical complexity that prevents widespread adoption today.

🗝️ Other key features that make XION special are as follows:

• Generalized Chain Abstraction;
• Meta-Accounts;
• Signature Device Abstraction;
• Parameterized Fee Layer;
• Abstracted Interoperability.

🎮 XION has introduced the CrashGame, a very simple yet powerful showcase of what Generalized Abstraction looks like in real life. This on-chain game tightly integrates all three parts of XION's infrastructure: meta accounts, device abstraction, and a parameterized fee layer, fairly well-eliminating friction that one would usually feel in Web3 applications and games. The interactive game is a great way to show developers who build on XION the different features of generalized abstraction that are available, and it also serves as a good method of stress testing in extreme conditions.

🎲 Also, there is one more interesting integration on the platform - BetFi. BetFi is the world's first consumer-friendly Web3 gaming casino to go live on XION. It is the leading example of Generalized Chain Abstraction in action by leveraging the XION meta accounts and its parameterized fee layer toward seamless gaming across all devices and audiences. Gameplay will be butter-smooth, with players barely noticing it's fully on-chain: no seed phrases, no popups, confusing text, or crypto jargon-just pure fun and gameplay.

🤑 $XION is the native token of the ecosystem that can be used to pay transaction fees, provide liquidity, serve staking rewards, and allow its holders to participate in protocol governance. 

💸 XION has successfully raised $36M in its funding rounds from reputable investors such as Animoca Brands, Circle Ventures, Multicoin, Valor, Hashkey, and others.

✅ XION’s pros:

• Huge raise ($36M) from reputable investors (Animoca Brands, Circle Ventures, Multicoin, etc.);
• Quite low Inflation Rate (about 21% per first year);
• Has a partnership with Halborn (Cybersecurity Company) with potential Security Audit from it;
• Great PR performance;
• Good Search Engine Optimization;
• Not bad SMM coverage;
• Above-the-average Growth Marketing and Influencer Marketing;
• Has a lot of reputable backers and partners;
• The team actively participates in AMA sessions.

❌ XION’s cons:

• 20% of total token supply allocated to the team;
• Partially anonymous team; 
• Weak Marketing Infrastructure.