New York, New York, July 18, 2024, Chainwire
XION’s groundbreaking Web3 chain abstraction technology enables EarnOS to transform digital advertising, delivering unprecedented user engagement and brand awareness for global companies.
XION, the first blockchain purpose-built for mainstream adoption via chain abstraction, announced a wildly successful beta of its EarnOS platform, which included a well-known ridesharing app, apparel and accessories brands that collectively have a market capitalization of over $165 billion. The initial campaign showcased how XION’s chain abstraction technology enabled EarnOS to build a platform that revolutionizes user acquisition, engagement and rewards in the digital advertising space.
The launch of EarnOS on the XION blockchain has yielded extraordinary results, with over 200,000 verified users and over 1,300,000 unique brand interactions, from social media takeovers, personalized ad campaigns, immersive augmented reality experiences and more. Participating brands have achieved a combined 9,000% escalate in brand awareness coupled with significant growth on social media platforms.
These impressive metrics have prompted the ride-sharing company to significantly escalate its planned spend on its EarnOS platform, which is disrupting the $1 trillion digital advertising market with recent economic incentive models. Using XION’s advanced blockchain abstraction technology, the platform enables brands to acquire, reward, and engage users worldwide through targeted advertising in ways that were not previously possible.
“We see a Web3 future unfolding where blockchain technology becomes accessible to a wider audience, opening up massive customer bases for brands that participate in it,” he said. Burnt Banksy, founder of XION“The successful launch of EarnOS demonstrates XION’s unique ability to enable true consumer-facing applications and drive mainstream adoption by completely abstracting away from cryptographic complexities.”
Key to EarnOS’ user-friendly experience is the XION blockchain abstraction infrastructure. Users can log in with email and interact seamlessly across all devices, without the need for seed phrases, plugins, wallets, gas fees, pop-ups, or complicated transaction signing. In addition, USDC’s global micropayment rails enable advertisers to reach a wider audience through novel economic incentives. This breakthrough in user experience, combined with the power of blockchain technology, could position EarnOS and XION at the forefront of the next generation of ready-to-use Web3-based applications.
About XION
XION is the first layer-one blockchain purpose-built for consumer adoption through cryptographic abstraction. Using protocol-level implementations related to abstracting accounts, signatures, fees, interoperability, and more, XION enables a secure, intuitive, and seamless user experience. The project has previously raised over $36 million from top-tier investors including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and others.
To learn more about XION, users can follow @burnt_xion on Twitter, subscribe to the XION blog, or visit xion.burnt.com.
contactGroup M Strategic Communicationsspalony@mgroupsc.com
