100K Magpies: Our Journey to 100K!
We just hit 100K Twitter followers! With that, we want to thank you all for being a part of our flock and we’ll take this opportunity to explain our story so far.
The Journey
Our Magpie journey began in 2022 with an idea of making cross-chain swaps fast, easy, and secure by aggregating multiple chains.
During Q2 2022, our aim was to introduce our novel concept to the public and that is why we crafted various marketing resources such as our website, pitch deck, and social media accounts, marking the beginning of our journey towards reaching 100K with Magpie.
Since our inception, we have established a strong presence on several social media platforms where we connect and engage our flock on the latest updates, news, Magpie Alpha concerns, and cross-chain updates.
The d’App:
We continued to work tirelessly into Q3, where we launched our private Alpha for the four main chains: ETH, BNB, Polygon, & Avalanche.
While we were thrilled to see our d’App up and running, there was still plenty to do. Initially, our priority was to guarantee the safety and readiness of it for future use. In order to accomplish this, we brought in an external firm and specialists in order to conduct a security audit and assess the reliability of our smart contracts.
Then in Q4 2022, we deployed the public Alpha application. Since it deployed, the support and overwhelmingly positive feedback from the 45K members! that joined the waitlist enabled us to hone in, perfecting the d’App and adding more integrations.
When it comes to integrations, we listen to our communities’ voices and opinions, connecting the blockchains and DEXs you ask for to provide the best DeFi experience.
Business Development
Having raised $3 million in our seed round, attended conferences all over the world, and built a strategic partnership with Wormhole, our business development strategies are one of the things which truly allowed us to lift our feet off the ground and fly.
Team
Starting as a team of five, Magpie has grown into a flock of 25 hardworking birds spanning 15 countries and four continents.
Our remote-first team consists of many web3 natives and web2 converts combining their eggspertise to make Magpie even more powerful each day.
Lessons of an Early Bird!
Despite facing several challenges on our journey, we are delighted to witness our app taking off. Our team, comprising resilient individuals, demonstrated the ability to succeed despite external distractions. The significance of a non-custodial, cross-chain swap aggregator and enabling users to transfer funds between blockchains and draw liquidity from multiple sources were reinforced by several crypto-related events in 2022
Looking Ahead
We quickly gained a name in the industry by putting our community first, listening to their opinions and providing the tools to enjoy safer transactions while saving money and time.
While we have exciting plans for the future, including doubling down on solving DeFi issues, we’re thrilled to announce that our public Beta release will soon be available. As always, we’re eager to receive your feedback and thoughts on the direction of the protocol and we’re committed to listening to our community, and we value your input as we continue to innovate and improve.
To illustrate our journey and the progress we’ve made so far, we’ve put together a special video that we‘d love for you to watch. We hope it provides a glimpse into the hard work and dedication that has gone into building Magpie and serves as a reminder of how far we’ve come.
We’re excited about what the rest of 2023 and beyond holds for Magpie, and we’re grateful to have you along for the ride!
We couldn’t have reached this milestone without the support of our amazing community. Once again, thank you for being part of our incredible journey. We can’t wait to see what the future holds!
