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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.
How is XION secured?
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.
XION is the Trust Layer for the Internet.
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.
The Trust Crisis:
The internet has a trust crisis. 30-40% of users are bots, brands waste $80+ billion annually on ad fraud, and your data creates billions for platforms while you receive nothing. XION solves this by making truth verifiable and privacy preservable simultaneously through zero-knowledge verification infrastructure (zkTLS for websites, zkEmail for inboxes, app attestations for mobile apps) that proves data without exposing it.
The XION Solution:
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.
Complete Abstraction:
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
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.
Proven at Scale:
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)
Real Revenue-Driven Token Economics:
XION is the first L1 generating real revenue from real-world use, not speculation:
Five Revenue Streams:
Brand partnerships using verification infrastructure
Application revenue share agreements (6+ signed)
Marketplace protocol fees
Stablecoin revenue (yield + activity)
Network gas fees accumulated
Token Value Accrual:
All ecosystem revenue flows to $XION buyback and burn mechanism, creating sustained deflationary pressure regardless of crypto market sentiment. As ecosystem scales from $35M to $150M to $500M ARR, buybacks create continuous token scarcity. The token becomes a representation of on real business growth, not speculation.
$XION Token Utilities:
Proof of Stake Security: Stake $XION to secure the network and earn 11%+ yield
Network Fees: Pay transaction fees in $XION or any token (fees swapped to $XION automatically)
Governance: Propose and vote on protocol upgrades and network decisions
Medium of Exchange: Facilitate P2P transactions across ecosystem applications
Collateral & Liquidity: Serve as native DeFi infrastructure within the ecosystem
Tokenomics:
XION calculates staking inflation only against staked tokens (not total supply), vastly reducing overall inflation and creating sustainable network economics.
Backed By:
The project has raised over $36M from top-tier investors including Multicoin, Animoca, Circle, Hashkey, Arrington Capital, Spartan, Injective, Alliance DAO, Mechanism, and more.
Community:
1.3M+ Syndicates members across 150+ countries speaking 20+ languages, united by the mission to rebuild trust on the internet.
Web3 made ownership programmable. XION makes trust programmable.
When trust is verifiable and privacy is preservable simultaneously, everything changes: fraud becomes detectable, data becomes ownable, reputation becomes portable, and Web3 finally becomes useful, not just usable.
The live XION price today is $0.201873 USD with a 24-hour trading volume of $5,935,159 USD. We update our XION to USD price in real-time. XION is down 1.61% in the last 24 hours. The current CoinMarketCap ranking is #1082, with a live market cap of $9,239,084 USD. It has a circulating supply of 45,766,750 XION coins and a max. supply of 200,000,000 XION coins.