Hey all,
It’s been awesome to see a few different paths all pushing forward together. The new site, the production release, and the relationships with our developer partners and wallets. Not to mention a great week on the hiring front with Pranay and Jennifer both accepting offers last week!
Anoop starts this week and we are excited to welcome him to the team.
XMTP Updates
- The website refresh for XMTP Labs is in final review and set to go live this week. Thanks for all the iterations and hard work on this first step. #464
- We are discussing opening up the SDKs on 4/20 #451
- Work continues on the production ready epic #412
- Matt met with Senators Booker & Gillibrand in Menlo Park last week to discuss how to all work together and design regulation for a path forward that works for everyone.
- 2 offers were accepted to join XMTP Labs last week for protocol research and technical writer
- We signed the contract to bring on full internal recruiting assistance, they will start Monday April 25th.
- All recruiters are focused 100% on DEI outbound candidates
Crypto industry news
- Moonbirds sold out it's 10,000 NFT collection at a mint price of 2.5 ETH on Saturday morning generating $60 million in primary sales. Secondary trading volumes hit $200 million in under than 24 hours, earning the project an additional $10 million off its 5% royalty fee. Cryptoslam. Dune Dashboard.
- Ethereum Push Notification Service (EPNS) raised a $10.1 million Series A round to build an on-chain communication protocol. Link.
- Uniswap is launching a widget that will allow any Web3 company to embed its functionality directly into their site, starting with OpenSea and Friends with Benefits. Uniswap is the largest decentralized exchange on Ethereum, making up 74% of trading volumes. Link.
- Crypto took a brief plunge this week with bitcoin and ethereum falling almost 15% in 24 hours. The sell-off occurred on news of the Fed raising rates in order to fight inflation. Link.
- The much-anticipated Ethereum 2.0 update is being delayed until the second half of 2022. Ethereum 2.0 will upgrade the protocol to the more environmentally friendly proof of stake consensus model. Link. Though the upgrade was delayed, Ethereum developers successfully tested the merge via a shadow fork. Another shadow fork test will occur on April 22. Link. 3.22 million Ether tokens, nearly $10 billion, are already being staked for Ethereum 2.0. Link.
- MetaMask is adding support for the Gnosis Safe to its institutional wallet product. Gnosis offers multi-sig wallet signing, an important tool used by institutional investors. Link.