Gm fam. Welcome to the Cross Chain Weekly - the weekly email that makes you a smarter cross chain insider. Not only do I have to explain to my family that I write a newsletter for a living, I’m also not looking forward to explaining all the “financial advice” I gave last year at Thanksgiving. At the time, 20% yield in Anchor made sense for Uncle John since he was looking for “a little more return” on his savings. After Grandma Karen got the hang of Robinhood back in 2020, figured I’d help her “diversify” her retirement on FTX. If you’re in a similar situation to me and need a quick summary on the state of crypto to get grandma off your back at Thanksgiving dinner, check this out…
Trigger warning maxis; the future is cross chain, so let’s dive in.
All Eyes Are On… Our Partners
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Academic Dive
“Crypto doesn’t have a UX problem”… put that in your hot takes arsenal for the next time you need it. Though contrarian, Mhonkasalo refutes the popular claim that poor UX is the biggest reason that crypto has not hit mainstream adoption. By comparing crypto UX annoyances to that of the weird nomenclature behind early email addresses (like the @ sign), Mhonkasalo drives his point that if the technology is useful - the UX doesn’t matter.
“Therefore… crypto’s deeper problem isn’t UX, it’s that it is not useful enough.”
So now is the time builders. Let’s stop making excuses, put our fingers to the keys, and build useful products to silence the doubters! If you want to read the full breakdown, check it out here.
Inside the Coalition
News from Outside the Coalition
Recent Funding & Acquisitions
Nucleo raises $4M seed to develop private multi-sig infrastructure
Web3 and VR gaming studio Thirdverse raises $15M in latest round
Out Run the Rat Race
3 new job openings added to the Cross Chain Talent Collective
VP of Oracle leaves to launch a layer 1 institutional grade blockchain
Upcoming Events
future-proof AMA: EYWA // Recording, Nov. 22
future-proof AMA: TRST Labs // Twitter, Nov. 29
The Cross Chain Coalition Web3 Demo Day // Virtual, Jan. 11
Inside Jokes
Also Wait… what’s the Cross Chain Coalition?
The Cross Chain Coalition (CCC) is a collective of builders that have united together to educate developers on cross chain infrastructure. The CCC aims to expand awareness and increase education for cross chain development. Join us in our journey to turn every blockchain engineer into a crosschain engineer.