Hey all,
The last week was defined by everything coming together into a few great moments. The Coinbase meeting really helped solidify that we are on the right track, and the recruiting meetings just always remind me of how unique of a story we have as a company and vision compared to many other projects in the space.
We are so early but also working on something that can quite literally change how the future looks for crypto. I’m stoked to be here with all of you.
XMTP Updates
- Matt and I met with the Coinbase Wallet head of Eng. Had a great discussion about what it might look like to start building together and we will try to get our teams better connected over the coming weeks
- Lots of recruiting calls this past week. We’ve also brought on another recruiting firm that is solely focused on engineering and was founded by engineers. They also give us a 5 min summary video + code snippet for each candidate that can help really accelerate the screening process.
- Our next offsite is May 4th & 5th in Nashville, TN. More details to come.
Crypto industry news
- Users can now purchase NFTs on OpenSea using a credit card, debit card, or Apple Pay. The offering is powered by Moonpay. Link.
- Helium, the blockchain company building a decentralized wireless network, raised $200 million in funding led by Tiger Global and Andreessen Horowitz at a $1.2 billion valuation. The company also announced it was changing its name to Nova Labs. Link.
- LayerZero Labs raised $135 million at a $1 billion valuation in a round led by a16z, FTX Ventures, and Sequoia Capital. LayerZero is building an interoperability protocol that would allow dApps to utilize multiple chains. Link.