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XION Public Chain: A New Solution to the Challenges of Mass Adoption in Web3
A New Starting Point for the Mass Adoption of Web3: An Analysis of the XION Public Chain
For many years, the potential of Web3 has been a topic of great attention, but progress in user adoption has been slow. Currently, large-scale applications of Web3 face two major challenges: functional barriers and cultural barriers. The emerging L1 public chain XION has come into being, aimed at addressing these two issues. This article will delve into XION's vision and how it can drive the widespread adoption of Web3.
XION: An L1 Network Focused on Simplifying the Complexity of Crypto
The developer of XION, Burnt, has a unique experience in the Web3 space. They initially gained attention by converting Banksy's physical artwork into NFTs, and then focused on developing no-code products and early NFT standards for creators. Throughout this process, Burnt realized that the complexity of the Web3 industry makes it difficult to achieve widespread adoption.
To overcome this barrier, Burnt has built XION based on Cosmos, which is an L1 blockchain designed to simplify the complexities of cryptocurrency. XION is committed to providing a frictionless user experience while retaining the core features of Web3, such as decentralization, transparency, and verifiable ownership.
The goal of XION is to promote its widespread adoption by optimizing the functional and cultural aspects of Web3. By focusing on user experience, accessibility, and scalability, XION aims to create an ecosystem that supports developers and users, thereby fully unleashing the potential of blockchain technology.
In addition, the Inter-Blockchain Communication (IBC) protocol of Cosmos enables XION to quickly integrate with other application chains and their associated applications. This capability of "chain interconnection" provides XION with more functionalities and paves the way for developers to create new use cases.
Barriers to Web3 Adoption and XION's Solutions
functional complexity disorder
For new Web3 users, the first use of applications may require completing up to 15 complex steps, resulting in a user dropout rate of up to 95%.
XION addresses this issue in the following way:
Simplified entry process: Users can directly use credit/debit cards to purchase on-chain products, covering approximately 6 billion cardholders.
Gasless transactions: Eliminates the barrier for users needing to hold native tokens.
Abstract Wallet Complexity: Users only need to create an MPC wallet using their email, without the need to download a plugin.
Mobile support: Ensure users can securely access the XION ecosystem anytime and anywhere.
Pricing in USDC: All products built on XION are priced in USDC, making it easier for new users to understand.
cultural barriers
In addition to functional barriers, Web3 also faces cultural barriers, such as unfamiliar terminology and a complex ecosystem.
XION's solutions include:
Abstract terms: Simplify or remove technical jargon to enhance user experience.
Increase credibility: Collaborate with well-known companies in the Web2 and Web3 sectors to build trust.
Reduce user education requirements: By utilizing a unique infrastructure design, lower interaction complexity and reduce user learning costs.
Conclusion
XION is not only committed to technological advancement but also lays the foundation for cultural innovation in Web3. By building intuitive and user-friendly interactive experiences, XION is expected to become a key force in driving the large-scale adoption of Web3. As XION develops, we look forward to seeing more innovative applications and user-friendly solutions, ultimately achieving the widespread adoption and application of Web3 technology.