Xion (XION)

Marketing

Xion helps over 150 global brands like Uber, Amazon, and Nike reduce ad fraud and improve real customer engagement by verifying that every ad impression and action comes from a real person.

Gaming

Xion powers Xion Arena, the first game that prevents bots and cheating, ensuring fair play for gamers and secure in-game assets.

Loyalty

Airlines, hotels, and ride-share companies use Xion to create proof-based loyalty programs that allow status matching, portable points, and verifiable rewards, reducing fraud and increasing customer retention.

Social Media

Xion helps social platforms verify real users and authentic content, fighting fake accounts and AI-generated viral posts to restore trust for billions of users.

Recruitment

Employers use Xion to instantly verify real job applicants and their credentials, cutting down on fake resumes and speeding up hiring without exposing private data.

Advantages

• Xion is building a Layer 1 internet platform focused on making truth easily verifiable.
• It has a growing ecosystem that allows easy onboarding for brands, enterprises, and developers to build trust-based applications quickly.
• The platform has access to a large user base, including 18 million mobile developers, 3 billion Apple devices, and 2.3 billion daily Android users.
• Xion is supported by a global team of contributors, developers, strategists, and marketers from various business sectors worldwide.
• It is backed by well-known brands and organizations, which adds credibility and support to the project.

Disadvantages

• Specific cons or limitations of Xion are not detailed in the available information.

Founders of Xion

The founders of Xion are Ronan Quarmby, Brent McMahon-Panther, and Aeryn Quarmby. They are credited with starting the company that provides various crypto-related services.

Founder and CEO of Xion

Anthony Anzalone, also known as Burnt Banksy, is the founder and CEO of Xion. He is known for a famous event where he burned a Banksy artwork and created an NFT from it. He leads the team behind Xion and focuses on making crypto simple and accessible by removing traditional barriers like wallets and complex processes.

Research and Development

Burnt is the research and development company that first began contributing to the Xion blockchain, with Anthony Anzalone (Burnt Banksy) as a key figure in this effort.

For more information, visit the official website: https://xion.burnt.com/

Investors in Xion

Xion has raised over $36 million from top-tier investors. Some of the key investors include:

• Multicoin Capital
• Animoca Brands
• Circle Ventures
• Hashkey
• Arrington Capital
• Spartan
• Draper Dragon
• GoldenTree
• Mechanism
• Morningstar Ventures
• Figment
• Play Ventures
• Valor
• Sfermion
• Kucoin Ventures
• MH Ventures
• Laser Digital (Nomura)

These investors are industry leaders supporting Xion’s mission to simplify crypto and build a blockchain for mainstream adoption.

Halal Status of Xion

• Yes: Xion is a utility token used to power and govern the Xion blockchain ecosystem. It focuses on simplifying crypto use and enabling mainstream adoption without complex financial speculation or interest-based mechanisms.
• Reason: The information shows Xion is designed for practical use in governance, staking, and network security, with no mention of interest (riba) or gambling elements, which are typically concerns in halal assessments.

For more details, visit Xion's website.