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XION joins the Bybit BGA Alliance and launches the Global Impact Accelerator

2 hours ago

On November 10th, the Trust Layer L1 blockchain XION announced its participation in the Bybit Blockchain for Good Alliance (BGA) and the launch of the Global Impact Accelerator (GIA) project. This project is intended to offer early-stage funding, technical support, and institutional resources to entrepreneurs who are creating trust-based systems in emerging markets. Its objective is to assist founders in transforming their ideas into real-world impacts, validating their effectiveness, and then expanding them globally through open-source and verifiable infrastructure. Each cycle of the event will provide support to 3 teams, which are required to develop products based on XION's verifiable infrastructure and in line with the United Nations Sustainable Development Goals (SDGs). The founders will receive mentorship from XION engineers, oversight from an advisory board, milestone-based funding, and quarterly Key Performance Indicator (KPI) assessments. During the event, a Demo Day will be organized for the project teams, providing them with exposure to venture capital as well as opportunities within the BGA/UNDP partner network (including policymakers and non-governmental organizations). To date, the United Nations Children's Fund (UNICEF) has supported more than 30 impact-driven startups; the World Food Programme (WFP) has utilized blockchain technology to assist over 1 million refugees; and Estonia has been using blockchain to safeguard national records since 2012. Now, XION is expanding this model through its verifiable infrastructure.
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