XION price

XION

#1034

Burnt is the research and development company that first began contributing to XION blockchain.

Burnt Banksy, the founder, purchased a painting by the internationally famous artist Banksy, incinerated it, and then created an authenticated 1 of 1 NFT representation, selling it for more than the original physical artwork. His actions demonstrated the concept of digital scarcity on the world stage, making NFT community history and receiving universal acclaim in the process. The story was covered by leading publications including Bloomberg, CoinDesk, GQ, CoinTelegraph, BBC, CBS, HYPEBEAST, Art.Net, TechCrunch, and many others. He is often cited as one of the catalysts for NFTs as well as being cited in the wikipedia for the word NFT.

XION operates on a Tendermint-based proof-of-stake (PoS) consensus mechanism. Prominent validators help to secure the network while making it more decentralized as well.

XION is backed by industry leaders such as Animoca, Circle, Multicoin, Arrington, Spartan, Draper Dragon, Hashkey, GoldenTree, Mechanism, Morningstar Ventures, Figment, Play Ventures, Valor, Sfermion, Kucoin Ventures, MH Ventures, Laser Digital (Nomura) and more.

It is the only L1 that rebuilds trust between people, brands, and platforms through verification, turning verified data into programmable value. From ad waste to reputation portability, loyalty programs, and private data monetization, XION solves these issues with cutting edge zero-knowledge verification infrastructure built atop a complete abstraction layer.

The platform is already trusted by 150+ brands including Uber, Amazon, and BMW, and the project has raised over $36M from top-tier investors, including Multicoin, Animoca, Circle, Hashkey, Arrington Capital, Spartan, and more.

XION provides verification infrastructure that makes truth verifiable and privacy preservable simultaneously:

• zkTLS: Verify data from any website without exposing it (prove Delta Platinum status to United without revealing frequent flyer details)
• zkEmail: Prove inbox contents without revealing messages (prove payment received without exposing account numbers)
• App Attestations: Verify mobile app data without sharing sensitive information (prove Uber rating to Lyft without revealing trip history)

This breakthrough enables applications literally impossible on other chains: cross-platform reputation portability, privacy-preserving identity verification, verified peer-to-peer marketplaces, ad fraud elimination at scale, and user data monetization while preserving privacy.

XION's Generalized Abstraction layer removes all blockchain complexity at the protocol level:

• Meta Accounts: Email/FaceID login, no wallets, no seed phrases, no downloads
• Parameterized Fee Layer: Gasless transactions, credit card payments, fiat-denominated pricing
• Signature & Device Abstraction: Seamless experience across all devices without plugins
• Chain Abstraction: Works across 50+ connected blockchains without bridge complexity

Users never know they're using blockchain. This is how Web3 finally reaches mainstream adoption.

Unlike theoretical use cases, XION is proven in production:

• 150+ global brands: Uber, Amazon, BMW, Nike, American Eagle, and more
• 69M+ verified interactions processed through the platform
• 5M+ users engaged with XION-powered applications
• $35M+ ARR generated from real-world use (December 2025)

1. Brand partnerships using verification infrastructure
2. Application revenue share agreements (6+ signed)
3. Marketplace protocol fees
4. Stablecoin revenue (yield + activity)
5. Network gas fees accumulated

1. Proof of Stake Security: Stake $XION to secure the network and earn 11%+ yield
2. Network Fees: Pay transaction fees in $XION or any token (fees swapped to $XION automatically)
3. Governance: Propose and vote on protocol upgrades and network decisions
4. Medium of Exchange: Facilitate P2P transactions across ecosystem applications
5. Collateral & Liquidity: Serve as native DeFi infrastructure within the ecosystem

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