XION BELIEVATHON Launch: $40,000+ Prize Pool, Million Dollar Support Program, and backing from institutions like Multicoin, Figment, and Animoca

Web3 is at the forefront of rapid transformation, and innovation never waits. Web3 needs not only technology but also belief and breakthrough thinking. From November 21 to December 15, BELIEVATHON officially kicks off! This is a three-week, fast-paced online startup competition that combines technology, creativity, and vision, offering millions of dollars in funding support, opportunities for direct dialogue with top investors, and a platform to lead the next wave of Web3 innovation. This competition is tailored for entrepreneurs who wish to turn their business ideas into reality, and participants will have the chance to join XION's upcoming incubation program and receive additional ecosystem support. BELIEVATHON will empower the next generation of user-friendly Web3 projects, launching innovative products through XION's abstract technology stack and leading the future of Web3.

Core Highlights

• Prize pool of over $40,000: Win your entrepreneurial bonus!
• Over $1,000,000 in follow-up funding support: Top venture capital firms like Multicoin, Figment, Animoca, Outlier Ventures, etc., will provide strong reviews, and outstanding teams will have the opportunity to directly enter XION's upcoming accelerator program.

Four competitive units:

• Faith (Pyramid of Faith): Technical challenges centered around the humorous theme of "Ponzi schemes."
• Confession: Focus on zero-knowledge proofs (ZK) and privacy technologies.
• Esoterism: Covering consumer applications, social, payment, and creative fields.
• Communion: Exploring abstract interoperability solutions.

The main goals of the Believathon competition are threefold: 1. To provide opportunities for serious entrepreneurial teams and individuals to turn their business ideas into reality and compete alongside other top developers for a chance to qualify for XION's upcoming ACCELERAXION Accelerator Program, while gaining additional ecosystem support. 2. To showcase how XION's unique Chain Abstraction infrastructure truly reaches mainstream users and promotes the large-scale adoption of Web3 technology. 3. To continuously expand and incentivize XION's rapidly growing developer community by attracting developers from both inside and outside the industry to participate in building innovative applications through a seamless developer experience.

About XION

XION is the first Layer 1 blockchain designed specifically for consumer applications, aiming to provide a seamless user experience for everyday users. Its testnet has attracted over 4 million users and achieved over 200 integrations. Through its unique Chain Abstraction infrastructure, XION greatly simplifies the complex crypto user experience, offering a range of features including protocol-level account abstraction, zero gas fee transactions, signature abstraction, cross-device usage, and fiat pricing.

By removing the barriers of traditional blockchain complexity, XION paves the way for the next generation of Web3 projects, enabling decentralized technology to reach mainstream users worldwide. XION bets on the future of Web3 by empowering developers committed to changing the status quo, providing them with tools, support, and infrastructure to help build user-friendly applications. XION ensures that today's developers can lead Web3 into the next chapter.

How to Participate in Believathon

Register for the hackathon and learn more details: Click here. Whether you are a developer, founder, or an aspiring innovator, BELIEVATHON will be your chance to take a leap!

For more information about XION, please visit here and follow @burnt_xion on X and join Discord.