It's been almost 3 months now we announced Xion, Burnt’s newly revealed blockchain specifically built for consumer adoption.

The community’s reception has been incredible — and full of questions about how and why we got here. In response, we share a series of posts about our vision for Xion, beginning with the question that started it all:

“How can we redefine ownership if only the highly technical have access?”— Burnt Banksy

Our journey began with identifying our own perspective on Web3.

We started by acknowledging that Web3 offers a versatile framework that can be harnessed for both individual and cooperative financial benefits.

That said, there has been much more focus on the individual level, through DeFi and the pervasiveness of speculative use cases. For us, the opportunity was in focusing on the latter — cooperative benefits that intersect with societal needs.

Given our focus on creating widespread change, we firmly believe in the transformative potential of the cooperative angle, as it aligns with our mission to create a more equitable, inclusive, and sustainable future. Therefore, our focus will be on leveraging Web3 to address communal needs, fostering a sense of shared ownership and collaboration. By prioritizing the collective good over individual profit, we aim to empower communities, strengthen bonds, and drive meaningful change.

We also brought user voices to the table by speaking to countless “real world” people about their thoughts on crypto and the broader concept of an ownership model as it exists today. What we found was that “Crypto is a Scam” is still a firmly held belief among most people. They simultaneously feel the brokenness of the ownership model in a post-Web2 world. Many are seeking a better ownership dynamic, one that is based on aligned interests, cooperative structures, and financial autonomy. In short, the hallmarks of a decentralized model that Web3 can provide. It raised the question:

If everyone is looking for the benefits of decentralized ownership, why is the industry still struggling so hard to find the path to mass-adoption?

In our eyes, there are two challenges for this: functional and cultural. We built Xion to create an ecosystem that addresses both:

First, the functional challenges: Xion aims to overcome the scalability limitations that arise when the technology builders and users are one and the same. It supports products that meet the needs of real people and enable frictionless user experiences that incorporate familiar Web2 design elements and flows, while also providing the benefits and possibilities of Web3.

Next, the cultural challenges: The industry’s branding problem, from the word “Crypto” to the concept of tokens, has been shaped by big stories about bad actors. Xion addresses this by removing industry terms that create barriers to entry and curating an ecosystem of products, projects, and partners excited about creating a space for Web3 to flourish without relying on crypto-native lingo or references.

With those goals in mind, we built Xion around four key principles, the sum of which we believe are a recipe for creating a new breed of user-first applications of Web3.

XION | PRINCIPLES OF A CONSUMER-FIRST BLOCKCHAIN

FRICTIONLESSSpecially architected to remove technical barriers so developers of all backgrounds can focus on real-time opportunities, novel use-cases, and creative applications of Web3 for a variety of retail-users.

MODULAROur consumer-ready toolkit includes on-and-off ramping, credit card purchasing, safe account abstraction, mobile support, NFC integration, infrastructure specialization, and more.

PERMISSIONEDXion’s walled-garden approach ensures that premium, trusted participants will foster a bespoke ecosystem that is consistently tailored to meet the needs of real-world retail users.

RECIPROCALXion-based projects will continuously benefit from the network effects of all products we build, creating exponential value across the entire blockchain ecosystem.

Our approach is driven from our desire to create a more scalable and accessible future of Web3 that puts real people at its center.

This is the just the first post in our Intro to Xion series in which we will be revealing Xion’s feature set and toolkit, roadmap to launch, future product launches. Watch this space every week for more.

Burnt is evolving the future of Web3 with the introduction of XION, the first chain purpose-built for consumer adoption. We believe everyone, regardless of technical knowledge, should be able to have the same access to true ownership.

Website | Twitter | Discord | Telegram

It's been almost 3 months now we announced Xion, Burnt’s newly revealed blockchain specifically built for consumer adoption.

The community’s reception has been incredible — and full of questions about how and why we got here. In response, we share a series of posts about our vision for Xion, beginning with the question that started it all:

“How can we redefine ownership if only the highly technical have access?”— Burnt Banksy

Our journey began with identifying our own perspective on Web3.

We started by acknowledging that Web3 offers a versatile framework that can be harnessed for both individual and cooperative financial benefits.

That said, there has been much more focus on the individual level, through DeFi and the pervasiveness of speculative use cases. For us, the opportunity was in focusing on the latter — cooperative benefits that intersect with societal needs.

Given our focus on creating widespread change, we firmly believe in the transformative potential of the cooperative angle, as it aligns with our mission to create a more equitable, inclusive, and sustainable future. Therefore, our focus will be on leveraging Web3 to address communal needs, fostering a sense of shared ownership and collaboration. By prioritizing the collective good over individual profit, we aim to empower communities, strengthen bonds, and drive meaningful change.

We also brought user voices to the table by speaking to countless “real world” people about their thoughts on crypto and the broader concept of an ownership model as it exists today. What we found was that “Crypto is a Scam” is still a firmly held belief among most people. They simultaneously feel the brokenness of the ownership model in a post-Web2 world. Many are seeking a better ownership dynamic, one that is based on aligned interests, cooperative structures, and financial autonomy. In short, the hallmarks of a decentralized model that Web3 can provide. It raised the question:

If everyone is looking for the benefits of decentralized ownership, why is the industry still struggling so hard to find the path to mass-adoption?

In our eyes, there are two challenges for this: functional and cultural. We built Xion to create an ecosystem that addresses both:

First, the functional challenges: Xion aims to overcome the scalability limitations that arise when the technology builders and users are one and the same. It supports products that meet the needs of real people and enable frictionless user experiences that incorporate familiar Web2 design elements and flows, while also providing the benefits and possibilities of Web3.

Next, the cultural challenges: The industry’s branding problem, from the word “Crypto” to the concept of tokens, has been shaped by big stories about bad actors. Xion addresses this by removing industry terms that create barriers to entry and curating an ecosystem of products, projects, and partners excited about creating a space for Web3 to flourish without relying on crypto-native lingo or references.

With those goals in mind, we built Xion around four key principles, the sum of which we believe are a recipe for creating a new breed of user-first applications of Web3.

XION | PRINCIPLES OF A CONSUMER-FIRST BLOCKCHAIN

FRICTIONLESSSpecially architected to remove technical barriers so developers of all backgrounds can focus on real-time opportunities, novel use-cases, and creative applications of Web3 for a variety of retail-users.

MODULAROur consumer-ready toolkit includes on-and-off ramping, credit card purchasing, safe account abstraction, mobile support, NFC integration, infrastructure specialization, and more.

PERMISSIONEDXion’s walled-garden approach ensures that premium, trusted participants will foster a bespoke ecosystem that is consistently tailored to meet the needs of real-world retail users.

RECIPROCALXion-based projects will continuously benefit from the network effects of all products we build, creating exponential value across the entire blockchain ecosystem.

Our approach is driven from our desire to create a more scalable and accessible future of Web3 that puts real people at its center.

This is the just the first post in our Intro to Xion series in which we will be revealing Xion’s feature set and toolkit, roadmap to launch, future product launches. Watch this space every week for more.

Burnt is evolving the future of Web3 with the introduction of XION, the first chain purpose-built for consumer adoption. We believe everyone, regardless of technical knowledge, should be able to have the same access to true ownership.

Website | Twitter | Discord | Telegram