🚀 Breaking news from the world of cryptocurrency and blockchain! 🚀

- Web3 Foundry Burnt announced the launch of the XION Foundation, a non-profit organization that will oversee the development and expansion of the XION proof-of-stake blockchain.

- The $XION native token was introduced, which will provide network security, platform governance, and decentralization.

- The XION Foundation aims to democratize access to Web3 in financial services, digital economies, and ownership.

- The project has already raised $36 million in investment from leading crypto venture firms, including Animoca Brands and Circle.

- XION uses the cross-chain communication protocol and Cosmos (ATOM) developer tools to build user-friendly decentralized applications.

💬 Share your thoughts in the comments! Do you think XION can be a game changer in the Web3 world?