XION Launches EarnOS Platform Beta with Uber and Baskin Robbins
Date: 2024-07-19 Author: Gabriel Deangelo Categories: BUSINESS
The XION team announced the successful launch of the beta version of their new EarnOS platform. The project's founder, known as Burnt Banksy, shared the news, noting that large companies such as Uber, Baskin Robbins, Sunglass Hut and The North Face have joined the beta testing.
Usability Innovations
The main feature of EarnOS is the use of XION's account abstraction solution. With this approach, users can log in using email and interact seamlessly across all devices without the need for seeds, custom plugins, or complex transaction signing. This decision is aimed at increasing the accessibility of Web3 and facilitating interaction with blockchain technologies for a wider audience.
USDC Integration and Attracting Advertisers
The EarnOS platform has integrated USDC as a primary means of transaction, allowing advertisers to reach a wider audience. This makes the platform attractive to large brands looking to increase their visibility and customer engagement through social media.
EarnOS beta testing included more than 200,000 verified users who completed over 1.3 million unique interactions with brands. Companies participating in the test noted a significant increase in brand awareness and increased activity on social networks. The total market capitalization of the brands that have joined EarnOS exceeds $165 billion. The results achieved have prompted companies, including Uber, to significantly increase their planned spending on the EarnOS platform.
The Future of Web3 and XION Positioning
Founder Burnt Banksy said: “We see the future of Web3 unfolding, where blockchain technology becomes accessible to a mass audience, giving brands access to a huge base of potential customers. The successful launch of EarnOS demonstrates XION's unique ability to create consumer-focused applications and drive mass adoption, completely abstracting from the complexities of the cryptocurrency space."
XION positions itself as the first L1 blockchain designed to drive adoption through abstraction. The project provides a secure, intuitive and seamless user experience through protocol-level implementations related to abstract accounts, signatures and commissions.
In April 2024, XION attracted $25 million in investment from companies such as Animoca Brands, Laser Digital and Multicoin, which underscores investor confidence in the project's prospects and its potential in the Web3 space.
Participation in Ukrainian Blockchain Week 2024
Burnt Banksy also took part in the Online Crypto Marathon from Incrypted, held as part of Ukrainian Blockchain Week 2024. You can watch his performance at [link].
The launch of EarnOS beta is an important step for XION towards creating an accessible and functional Web3 ecosystem that attracts major brands and drives mass adoption of blockchain technologies.
