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Hot Cross Recap 2022
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Hot Cross Recap 2022

A wonderful year of heavy shipping and expanding

Dec 31, 2022
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Hot Cross Recap 2022
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2022 is drawing to an end despite all the ups and downs in the Web 3 world, for the whole Hot Cross team, we are proud to say that the year is full of dedicated efforts. And more importantly, we are optimistic about 2023.

As 2022 is slowly wrapping up, we would like to walk you through the memorial moments and treasures of the year. 2022 has proven to be a year of progress and growth.

📢 Major Announcements in 2022

We closed the $5M Ecosystem Growth Round to Expand the product suite to a broader range of networks.

Along the fantastic news also comes the $HOTCROSS tokenomics 2.0: Slower Emissions, Delayed Team Release, and Ecosystem Adjustments (in short: By the end of 2022, the total $HOTCROSS in circulation will be reduced by 32%).

💻 Crafted Product Design and constant iteration

The Product suite is polished and perfected in every aspect, manifesting our commitment to users.

  • The KYC has been upgraded to allow users to get a 10% referral fee and a friend to get a 10% discount;

    Accordingly, UI has been changed to show the unique referral link.

    As in:

    • 10% to the person doing the referring

    • 10% to the person who used the link

    • 80% to the platform.

    Even more exciting, the KYC flow has turned into being done directly on the application without waiting any longer, no more manual efforts have to be made.

    We also gave the KYC page a new look.

  • Cross Send goes completely charge-free, giving the community great convenience using our product suite. What's noteworthy is that the product also tapped into two new blockchains: BitTorrent and Aurora.

  • And we decide that Cross Bridge should also embrace BitTorrent & Aurora, providing users with the possibility to bridge $HOTCROSS between blockchains and explore unlimited possibilities.

  • Cross Pool was decorated with a few new buttons to facilitate the staking management for users.

    • Your Pools: https://app.hotcross.com/pools/my-pools

    • Sizzle: https://app.hotcross.com/pools/sizzle

    • Soon: https://app.hotcross.com/pools/coming-soon…

    • Done: https://app.hotcross.com/pools/completed

    Besides the buttons, the Cross Pool also went through a major upgrade to be Cross Pool 2:

    • have multiple rewards

    • have an unstake delay (lock)

    • compound rewards if needed

    • take a protocol fee if needed

    • support reflect tokens

    • support LPs

    • penalize early withdrawals

    And it's deployed shortly after to showcase the brand-new Cross Pool 2 features that are brought to life.

  • Cross Yield evolves steadily and firmly with the deployment on both the BNB chain and Aurora.

    The integration with Biswap, PancakeSwap, ApeSwap, and trisolaris have provided users with unlimited yield opportunities.

  • We also focus on the details that demonstrate how we care about the user experience.

    The UI/UX of Cross Yield gets better with the custom Zap Slippage Tolerance to avoid losing too much gas on ZAP-in. Not to mention the toggle that gives you instant options views of the eligible vaults.

  • As the community grows daily, we decide to get the community more involved with the decision-making process, hence the development of the Hot Cross voting portal.

  • NFT Staking receives rounds of applause when we first introduced it to the community. We managed to launch the first tester round of staking, then another tester round with slight differences, during which we also post an announcement regarding the additional NFT staking to clear up confusion.

  • Altogether, the products we shipped have really overwhelmed our Bosses, so we firgured, why not launch a User Dashboard to help track all data across the platform?

    User Dashboard is all about data, and it tracks the following:

    • HOTCROSS / HOTDOG Price

    • Your Unclaimed Rewards

    • Your HOTCROSS / HOTDOG Balances

    • Your HOTCROSS / HOTDOG Staked

    • Total number of stakes ever

    • Total rewards ever

    • And more!

  • Besides our efforts in internal product design and shipping, we also integrated quite a few wallets from other projects thanks to the Cross API:

    • iToken (previous Huobi wallet)

    • BitKeep

  • The new home page for Hot Cross applications is released, highlighting our updates, the majority of our products, and the blockchains we support. Along with a change to the footer that gives easier access to the app and ecosystem from the bottom of your screen.

  • Even though there's a lot to be improved, to be cleaned up, and to be edited, We love the newly launched Hot Cross website.

👬 The Friends and partners we met

Partnerships

Hot Cross has been working on partnerships and businesses to get Hot Cross on board with fantastic partners who truly want to build something, we can go further through the connections.

  • $HOTCROSS goes live on Delta Investment Tracker

  • Partnership to accelerate Galaxy Survivor

  • $HOTCROSS joining OpenLeverage lending and margin

  • Hot Cross works with Travala to enable traveling with $HOTCROSS payment

  • $HOTCROSS Treasury Bills on ApeSwap

We are pleased to introduce Cross Yield and Cross Pool to our friends

Friends joining Cross Pool

Project SEED, Frontier,$HAKA TribeOne, Uno Re, RankerDAO, SaloPlayers, Anonverse,

Friends joining Cross Yield

Among the hundreds of Vaults on Cross Yield, we would like to highlight some of the recommended vaults from our significant partners

Frontier, Aurigami, MetaShooter, Chirpley, OpenLeverage, NFTY Finance, Burrow.

AMA/ Twitter Space

We really enjoy getting to know new friends and getting really chatty in AMA/Twitter space with them, here are the projects and friends with whom we had wonderful conversations and spread our visions to a broader user base:

BSC News, SugarBounce, LiquidCollectibles, MacaronSwap, iToken, Bittrex Global, OpenLeverage, BabySwap, Uno Re, DeBridges Platform, Anonverse, SaaSGo (Formerly Encentive.io), Bit.Store, LI.FI, BSCStation, MetaShooter, Aurigami, HistoryDAO, Salo Players, VIMworld, Burrow, NFTY Finance, Degis.

Media Coverage

Our friends in the leading media platform help us get our updates covered and reported

  • $5 Million Ecosystem Growth Round

  • Hot Cross NFTs Lands Across Major Marketplaces

  • Hot Cross Employs New Huobi Wallet on Back of Updated Website

  • Hot Cross Builds Custom User Dashboards

🚀 We helped launched great ideas

We are pleased to provide our IHO service to Web 3 startups, helping them to launch their innovative ideas and providing users access to high-quality projects.

RankerDAO

RankerDAO is a decentralized autonomous organization (DAO) that enables its guild of gamers to take advantage of its extensive collection of NFTs to gain access to a variety of the most popular P2E games in the industry.

As part of our acceleration efforts with RankerDAO, we have deployed a bridge from Ethereum to BNB Chain (formerly Binance Smart Chain), facilitating the $RANKER bridging for users.

Salo Players

Salo Player - a Shooting NFT game combined with elements of an RPG on BNB Chain.

🎉 Raising awareness through some of the fun activities and campaigns

Sometimes it's good to get hyped, and it's okay to have fun. Piggy is fun!

We have 13 Successful bids on PancakeSwap Community Farm Auction.

Hot Cross Co-Lead attended as the #AvalancheAsiaHackathon jury along with friends Avalanche.

Campaigns

Who wouldn't enjoy some campaigns and earn with fun! There were also numerous giveaways that we lost count of.

  • Liquidity Mining Campaign with hummingbot on Kucoin * 2

  • $HOTCROSS Trading and Net Buy PancakeSwap Easter Competition

  • Trading and Lending on OpenLeverage

  • #BabySwap & Hot Cross NFT Trading Campaign

  • Swap2Earn Super Event with C98

  • #HotCrossHalloweenWeek

  • OLE #WorldCup2022 Trading Game with OpenLeverage

  • Merry Crossmas 2022

🛡️ Safety is always the Alpha

You know how Hot Cross Product Suite has been heavily audited over 40 times, we go all the way in this year, and we push the audits to some of our new products forward.

  • KYC Referral System

  • IHO 2.0 (Cooldown, Vesting, Cliff, etc.)

  • Hot Cross DAO

  • Hot Cross Omnichain NFTs

🐷 Cross Bosses really had a great time this year

We look through the diary of Cross Bosses and here's what we found

  • Cross Bosses available on Moonpot

  • Listed on PancakeSwap NFT marketplace

  • Listed on LiquidCollectibles

  • Available on NFTScan

  • Joined #BabyNFTMarket

  • Nominated by the PixelSweeper community

  • Staking opportunity on KalmyAPP

  • Verified collection on VIMworld

  • Goes live on OpenSea

Cross Bosses are minted Bossy, and they plan to remain bossy in the next year.

💰 $HOTCROSS markets and aggregation

$HOTCROSS token celebrated its 1st birthday and has been listed on various platforms in 2022, you can easily find it on the platforms below:

Biswap, LATOKEN, Huobi, KuCoin Cross Margin Trade Adds $HOTCROSS, Biture, BKEX,

Custody Support on

Binance & Coinbase

🤓 Interesting Stats you may want to know

After a whole year of hard work, we achieved some satisfactory results.

$HOTCROSS holders: 19,598 addresses

$HOTDOG holders: 6,060 addresses

$HOTCROSS transfers: 1,033,171

$HOTDOG transfers: 56,209

Hot Cross Treasury counts: 8,073,435.833 $HOTCROSS

KYC:

  • 8400+ KYC'd users

  • 10K+ registrations

Cross Bosses holders: 1,901 addresses

Cross Bosses transfers: 32,969

IHO total committed value (RankerDAO and Salo Players): 8,010,650.84 USD value

✨ What's our next move in 2023?

2022 is a year that we will witness the ups and downs of the industry. Some industry giants will fall, and more new forces will be reborn. We cannot predict the future, but what is certain is that we have strengthened our determination to build web3. Thank you for your company in 2022. 2023 will be a significant year for us, and many major changes will take place, please wait for the announcement in January.


📣 Tell a friend about @hotcrosscom, @hotcross, @hotcrossann. It would mean the world to us. We have been building since last year, but we work like it’s still the beginning. Bookmark Linktree and subscribe to our updates for more.


About Hot Cross

Hot Cross is an extensive cross-chain and multi-chain infra & web3 application playground that enables blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the best toolbox for ETH and EVM networks. Their development philosophy is agile, and they are a cohort of builders who aggressively seek out opportunities to meet the demands of the now for both B2B and B2C. The core thesis that Hot Cross presents is that users and teams will migrate in part to new networks that feel familiar when presented with good tooling and freedom. Hot Cross is a company and an ecosystem in and of itself, and our goals are towards allowing communities to flourish using our technologies, whether or not they know we are the ones building them.

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