New York, New York, July 18, 2024, Chainwire
XION’s innovative Web3 chain abstraction technology enables EarnOS to transform digital advertising, driving unprecedented user engagement and brand awareness for global enterprises.
XION, the first blockchain purpose-built for mainstream adoption through on-chain abstraction, announced the successful beta launch of the EarnOS platform, featuring a leading ride-sharing app, apparel, and accessories brands that together have a market cap exceeding $165 billion. The initial campaign showcased how XION’s on-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 saw remarkable results, with over 200,000 verified users participating and over 1,300,000 unique brand interactions spanning social media takeovers, custom advertising campaigns, immersive augmented reality experiences, and more. Participating brands overall achieved a 9,000% increase in brand awareness along with significant growth across social media platforms.
These impressive metrics have prompted the aforementioned ride-sharing company to substantially increase its planned spending on the EarnOS platform, which is revolutionizing the $1 trillion digital advertising market through new economic incentive models. By leveraging XION’s advanced chain abstraction technology, the platform enables brands to acquire, reward, and engage with users globally through targeted advertising actions in ways that were not previously possible.
“We are seeing the future of Web3 unfold, where blockchain technology becomes accessible to the general public, opening up massive customer bases for participating brands,” he said. Banksy burned, founder of XION“The successful launch of EarnOS demonstrates XION's unique ability to enable truly consumer-facing applications and drive mainstream adoption by completely abstracting away cryptographic complexities.”
XION’s blockchain abstraction infrastructure is key to EarnOS’ easy-to-use user experience. Users can log in with their email and interact seamlessly across devices, with no seed phrases, plugins, wallets, gas fees, pop-ups, or complex transaction signatures required. Additionally, USDC’s global micropayment channels enable advertisers to reach broader audiences through innovative economic incentives. This advancement in user experience, coupled with the power of blockchain technology, can position EarnOS and XION at the forefront of the next generation of mainstream-ready Web3-based applications.
About XION
XION is the first layer-one blockchain designed specifically for consumer adoption through cryptocurrency abstraction. By utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $36 million from top-tier investors including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.
For more information about XION, users can follow @burnt_xion on Twitter, subscribe to the XION blog, or visit xion.burnt.com.
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This article was originally published on Chainwire