XION completed its Strategic Fundraising on 2023-10-04.

#Dora# On January 11th, Burnt (XION) announced on social platforms that the first online XION Hacker marathon co-hosted by DoraHacks was officially launched on January 17th. From January 17 to February 14, users can build innovative, user-friendly apps with XION's Generalized Abstraction, with a total prize pool of $20,000, and registration is open today

The article discusses how the XION public chain addresses the functional and cultural barriers faced by Web3 in user adoption. By simplifying the user experience, eliminating cumbersome processes, and collaborating with well-known enterprises, XION aims to drive the widespread application of Web3 and become a key force in its cultural revolution.

Research on the liquidity fragmentation issue in the Layer 2 era With Ethereum transitioning to Layer 2-based scaling solutions and the rise of various tools, a large number of public chains are rapidly developing. Many entities wish to build their own chains to represent different interests and seek higher valuations. However, the emergence of numerous public chains has led to the ecosystem's development struggling to keep pace, with many projects experiencing a collapse in value during their initial token offerings. With the help of various technology stacks, many well-known enterprises and institutions have launched their own Layer 2 or public chain solutions. Today, the barrier to building and operating a chain has been significantly lowered, with monthly operating costs of about 10,000 USD. The future will undoubtedly be an era of coexistence of multiple chains. Although these chains may choose compatibility for interoperability, it is difficult to build applications and reach consensus on the same chain due to the differences in downstream applications of the entities behind them. The current multi-chain ecosystem has brought a new challenge.

The XION public chain aims to address the challenge of large-scale adoption of Web3, focusing on simplifying user experience and cultural barriers. By optimizing the user get on board process, simplifying on-chain interactions, and enhancing credibility, XION is expected to become a key force in driving the widespread application of Web3.

$MUBARAK $BROCCOLI 🔥 After $BNB pump, some coins on its chain are going to PUMP soon. MUBARAK already started pumping, I expect a PUMP soon for BROCCOLI as well. #MUBARAK# #BROCCOLI# $ZORA $SPK $XION $SUI $CROSS $PENGU $ORDI $RPL $C $M $H $IDEX #Vine# $VINE $CRV $C $CKB #BNB#