A New Starting Point for the Mass Adoption of Web3: The Potential and Vision of the XION Public Chain

For a long time, the potential of Web3 has been a focus of attention, but progress in user adoption has been slow. Currently, the adoption of Web3 in the mainstream world faces two major challenges: functional barriers and cultural obstacles. The emerging L1 public chain XION has come into being, aiming to address these two issues. This article will delve into XION's vision and how it can help Web3 achieve large-scale adoption.

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

The development team of XION, Burnt, has extensive experience in the Web3 field. They initially focused on developing no-code products and NFT standards for creators. During this process, they realized that the Web3 industry is difficult to adopt on a large scale due to its complexity.

To overcome the adoption barriers brought by cryptographic technology, Burnt has built the XION L1 blockchain based on Cosmos. XION aims to provide a frictionless user experience while retaining the core features of Web3, such as decentralization, transparency, and verifiable ownership.

The goal of XION is to drive the mass adoption of Web3 by optimizing the barriers in functionality and culture. It focuses on improving user experience, accessibility, and scalability, aiming to create a supportive ecosystem for developers and users to fully unleash the potential of blockchain technology.

In addition, with the help of the Inter-Blockchain Communication (IBC) protocol of Cosmos, XION can quickly integrate with other application chains and their related applications. This "chain interconnection" feature allows XION to provide users with more functionalities and creates new application scenarios for developers.

Barriers to Web3 Adoption and XION's Solutions

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For new Web3 users, the initial use of applications may require up to 15 complex steps, taking several days. This has led to a user churn rate of up to 95%. With the constant emergence of new L1 blockchains, the barriers for new users are higher, which also provides a breeding ground for scams.

XION addresses these issues in the following ways:

1. Simplified entry process: Users can directly purchase on-chain products using credit/debit cards without going through the complex process of transferring from CEX to on-chain.

2. Gasless transactions: Eliminates the barrier for users to hold native tokens in order to trade.

3. Abstract Wallet Complexity: Users only need to use their email to create an MPC wallet, without the need to download plugins or remember mnemonic phrases.

4. Mobile Support: Ensure that users can easily operate on their phones and securely access the XION ecosystem anytime and anywhere.

5. USDC Pricing: All products built on XION are priced in USDC, allowing new users to seamlessly use a familiar fiat currency.

cultural barriers

The Web3 world is filled with unfamiliar terms, complex ecosystems, and confusing user experiences. Furthermore, the mainstream perception of cryptocurrencies is influenced by various negative news.

The solutions of XION include:

1. Abstract terminology: Simplify or remove technical terms, using easier-to-understand words.

2. Enhance credibility: Establish strategic partnerships with well-known companies in the Web2 and Web3 sectors to strengthen user trust.

3. Eliminate new user education: By utilizing a unique infrastructure design, significantly reduce interaction complexity and lower user learning costs.

Conclusion

To achieve the mass adoption of Web3, we not only need to build robust infrastructure but also create intuitive and engaging user interaction experiences. XION is expected to be a catalyst for driving the mass adoption of Web3, not only advancing technological progress but also laying the groundwork for cultural transformation in Web3. By addressing current functional and cultural barriers, XION is paving the way for the future of Web3.