Hot Cross

What is Hot Cross?

Hot Cross is an extensive cross-chain and multi-chain infrastructure and web3 application playground designed to enable blockchain teams and their communities to thrive. At its core, Hot Cross aims to be the ultimate toolbox for Ethereum (ETH) and Ethereum Virtual Machine (EVM) networks. Guided by an agile development philosophy, Hot Cross comprises a team of builders who aggressively seek out opportunities to meet the immediate needs of both B2B and B2C markets.

Core Thesis and Philosophy

The core thesis of Hot Cross is that users and teams will partially migrate to new networks that offer familiar environments with robust tools and flexibility. Hot Cross functions as both a company and an ecosystem, with a mission to empower communities through its technologies, regardless of whether these communities are aware of Hot Cross's involvement. The platform focuses on creating an environment where blockchain innovation and community growth are seamlessly integrated.

User and Business Perspective

For individual users, Hot Cross is best understood as a suite of versatile applications available across multiple blockchains. The Hot Cross Token serves as the cohesive element that enhances the functionality and interoperability of these applications. Additionally, Hot Cross fosters a unique community culture, emphasizing positivity and an optimistic view of the blockchain space.

For businesses, Hot Cross represents a group of dedicated developers creating tools tailored to the needs of various communities. These tools include:

• Staking programs
• Compliant crowd sales
• Liquidity programs
• NFT minting

Hot Cross aims to alleviate the technical burden from companies, allowing them to focus on their core competencies.

Cross Connect and Cross Bridge

Cross Connect is an integral component of the Hot Cross ecosystem, enabling users to interact with the Hot Cross DApp. This connector is embedded in every Hot Cross application and supports connections to multiple EVM networks. It provides a consistent user interface and experience across the entire Hot Cross product suite.

The Cross Bridge facilitates the movement of ERC20 tokens from the Ethereum network to another EVM network, such as BNB Smart Chain.

Cross Pool: Multi-Chain Staking

Cross Pool is a key feature within the Hot Cross ecosystem, providing secure and decentralized staking for both LP tokens and single-sided BEP20 tokens. The interface includes functionalities such as:

• Total value staked
• Total $HOTCROSS staked
• Sorting options (e.g., “In Progress,” “My Pools,” “Sizzle,” “Coming Soon,” “Completed”)
• Pool-specific details (e.g., status, rewards, lock periods, APR)

Cross Send: Efficient Token Distribution

Cross Send streamlines the process of sending tokens across multiple blockchains from a unified interface. It supports nine blockchains and involves the following steps:

• User visits Cross Send.
• User connects to the desired blockchain using Cross Connect.
• User uploads a CSV file or manually inputs recipient details.
• The DApp performs checks to avoid errors.
• User signs a single transaction to initiate batch transfers.

Cross Yield: Optimized Yield Aggregation

Cross Yield is a multi-chain yield aggregator offering optimized strategies for BNB Smart Chain, Aurora, and soon, Avalanche and Polygon. Features include:

• Support for multiple chains
• Consolidated AMM farms
• Auto-compounding vaults
• ZAP function for simplified yield farming
• Additional rewards through Sizzle pools

Team Background and Partners

The Hot Cross team is led by Philip Arthur Moore and Pavlos Polianidis, who both serve as Co-Leads with active presences on GitHub and LinkedIn. Katy Shin manages operations as the Chief Operating Officer (COO), while Yong Jeong oversees financial matters as the Chief Financial Officer (CFO).

The development team includes Nikos Fotiadis, Antonis Poulakis, and Michalis Ghiumiusliu, all of whom are experienced builders with profiles on GitHub and LinkedIn. Lu Dante serves as the Product Manager, contributing to product strategy and development. Sung Pham leads quality assurance efforts, ensuring the reliability and performance of Hot Cross products, and also maintains active GitHub and LinkedIn profiles. Together, this diverse team drives the innovation and growth of the Hot Cross ecosystem.

Hot Cross' partners include PancakeSwap, ApeSwap, Huobi Global, KuCoin, MEXC Global, Hotbit, XT, LBank, ZT Global, CoinTiger, BitMart, OpenDAO protocol, tofuNFT, Rareboard, Treasureland, Mintverse...

Project Development

Hot Cross, founded in 2020 with a mission to make Web 3 more accessible and user-friendly, has been acquired by Frontier. Known for creating popular onboarding experiences in the Web 3 DeFi space, Hot Cross developed a comprehensive suite of multi-chain and cross-chain tools that helped blockchain teams and communities thrive.

With a loyal community supporting its growth, Hot Cross responded to increasing user demand for financial autonomy and ease of use in DeFi, embracing a multi-chain future. In 2023, Hot Cross and Frontier have joined forces to advance the DeFi industry. This acquisition enables Hot Cross to bring its expertise and technology to Frontier, enhancing user-friendly access to Web 3 DeFi. Both projects share a commitment to multi-chain strategies, security, and user experience, making them ideal partners for this next phase of growth.

Hot Cross Price Analysis

As of January 15 2025 Hot Cross has a marketcap of $1.3M. This is {{percentagefromath}} from its all time high of $0.544661. In terms of its tokenomics, there's a total supply of 500M with 22% currently outstanding. Keep in mind Hot Cross has a fully diluted value of $6M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.