1/ We're proud to back @OneBalance_io, pioneers of Resource Lock technology. After leading their strategic round, we doubled down and co-led their Series A. Our thesis: OB enables dapps to build seamless x-chain UX, which users crave & ready to pay for.

2/ Current apps can't achieve 1-click UX & multichain network effects due to very high complexity of cross-chain DevEx. Users love simplicity, and are happy to pay a premium for apps that "just work". OneBalance is the next-gen solution unlocking this growth & empowering apps.

3/ OneBalance solves this problem via its key execution primitive: Resource Locks. First lets take a look at a usual intent flow: User expresses intent → Solver sees intent & builds solution → Solver waits for payment → solution included into destination chain.

4/ Resource Locks make user's execution time fast. How? By providing guarantees to Solvers that they will be paid and protected from double-spend attacks. Additionally, this system fosters the creation of ecosystem-agnostic Solver and Intent systems.

5/ In practice, the above technology uniquely enables multi-chain products to have Web2-like user experience. Imagine you have Bitcoin and want to buy Solana NFT — with OneBalance, applications can offer their users a single click, CEX-like experience that's fully onchain.

6/ With better cross-chain UX, applications will enjoy stronger network effects, and will earn more from users that are ready to pay premium. We are thrilled to accelerate this future: one human, one wallet, OneBalance. Read our full thesis: