![]() | XMTP |
XMTP is a fundamental new building block for the next iteration of the web—a permissionless, crypto-native communication protocol that connects communities, creators, protocols, applications, and users. XMTP will enable communication between existing crypto wallets through its own independent protocol and decentralized network.
Series A: $20M
Series B: $21M
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What is XMTP
XMTP is a secure messaging protocol and decentralized communication network that provides a means for blockchain accounts to send and receive messages. XMTP provides a messaging service via a network of nodes operated by independent entities, to reduce reliance on singular providers, where:
- Participants can authenticate with blockchain accounts to send and receive messages that are encrypted by default through any compatible client app.
- A user's inbox is portable across client apps.
- Abuse is mitigated by ensuring senders have met required criteria.
- Nodes are incentivized to operate in the interest of maintaining a healthy network.
We designed XMTP to be a means of communication that is privacy-preserving, permissionless, decentralized, and resistant to abuse. We maintain that over time it must remain simple to use by people and straightforward for developers to build with.
Funding Details
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