Burnt Opens Up XION Testnet and Announces Strategic Investment from Circle Ventures

General News

Summary

New York, NY, Oct. 05, 2023 (GLOBE NEWSWIRE) -- , a Web3 foundry, announces the public launch of its testnet for XION, the first layer-1 blockchain built for consumer adoption. XION is a Layer-1 blockchain network aimed at revamping the digital assets ecosystem with a focus on tangible use cases, such as private and public communities, membership, loyalty programs, and games. We want to remove any friction for consumers by providing native mobile support, seamless account creation, and credit card transactions, significantly improving the base-level experience.We are proud to support Burnt in their mission of empowering developers to craft user-friendly experiences that abstract away the complexities typically associated with using Web3, said Wyatt Lonergan, Principal at Circle Ventures. It aims to revamp the digital assets ecosystem with a focus on tangible consumer use cases, such as private and public communities, membership, loyalty programs, and games. Learn more at About Circle VenturesCircle Ventures supports early-stage blockchain projects and companies that can help accelerate global cryptocurrency innovation.

Classifications

industries
No industries detected
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies