Hey team,
March 21st. It's actually 3-2-1.
Easy to remember. It's also a great date to remember and mark as a focusing point for what we are doing as a team, as a company, and as a product.
It's clear that we have one of the biggest opportunities to build something that will have a global impact at XMTP. The market demand is getting louder every day and the need to own the conversation around communication for web3 and be live in the market is critical.
Let's put a flag in the ground today. This is the day we all came together to understand what it's going to take for XMTP to become the communication protocol for web3.
As we push forward together, let's be sure to focus on the things that compound for the long term and help get our flywheel spinning faster and faster.
I'm so excited for the opportunity to work with all of you. Now it's time to bring everything together, make the final checklist and plan for getting to production-ready, and get the community and conversation happening with XMTP.
What's so cool about what we are building for the world is that we are the layer that lets everyone work together.
Our simple goal is to make sure everyone can work together so we can ensure every wallet can communicate with every other wallet, no matter where they are.
That's a simple yet ambitious goal. I believe with the right focus, technology, story, and community support we can achieve greatness.
The best part about this company is that we can be the champion of the entire industry. We work with everyone, and help everyone stay connected to everyone else. Our ability to champion the entire developer community and connect the dots within it will set us apart as a brand. We are the glue.
I'm so fired up, I'm so glad you all are here. We are just getting started and it's time to go. This is the moment.
– Shane Mac
XMTP Updates
- Worked on 2022 goals for the year and tried to distill into a simple focus for us: [Presentation]
- Great update this weekend from Nicholas around scalability: (conversation happening here)
- Great progress on the website and more updates to share next couple weeks
- Anoop is joining on April 18th
Crypto industry news
- $APE launched this week, as the utility and governance token adopted by the Ape Foundation. The DAO's primary purpose is to "steward the growth and development of the APE ecosystem in a fair and inclusive way". Holders of Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs were able to claim $APE and will be able to participate in governance of the foundation. There are currently 5 active DAO proposals that $APE holders can vote on. The foundation appointed 5 board members to provide oversite in the first 6 months, after which the foundation and DAO participants will vote in a board. [Link] / [Twitter Spaces with the DAO board]
- Meta CEO Mark Zuckerberg confirmed Instagram was working on bringing NFTs to its platform in the coming months. [Link] [Link]
- (Solana is coming strong) Coinbase Wallet now supports Solana (SOL) and Solana-based SPL tokens. Solana NFTs are not yet supported within the wallet. [Link]
- There is currently $9.5 billion of assets held in 216 DAO treasuries; 86% of assets are held by DAOs built on ethereum, and the remainder on Solana. 28% of DAOs hold >$10 million in assets and almost 7% hold >$100 million. [Link]
- NFT marketplace Rarible now supports NFT assets minted on Polygon. Rarible already supports Ethereum, Tezos, and Flow NFTs. [Link]