What is Oobit

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About Oobit

  • Oobit is a crypto payment app that allows users to send money abroad or make contactless payments at any store that accepts Visa or Mastercard.
  • Features include Tap & Pay, P2P payments, and Oobit Layer 2 for connecting external crypto wallets.

Founders

  • Moshe: Chairman, seasoned private equity and venture capital investor.
  • Amram: Co-founder, experienced in business strategy and innovation.
  • Aharon Miller: Co-founder and COO, blockchain evangelist and financial technology entrepreneur.
  • Phillip Lord: President, experienced in business development, fundraising, and strategic

About Oobit

Welcome to Oobit, a pioneering cryptocurrency platform designed to empower users with seamless, secure, and intuitive access to the world of digital assets.

Introducing Oobit (OBT): A Revolutionary Cryptocurrency

Oobit offers a seamless way to make crypto payments globally, at any store, anywhere in the world. This innovative app empowers crypto holders to effortlessly send money across borders or simply walk into any store, tapping to pay effortlessly, just like using Apple Pay®, wherever Visa and Mastercard are accepted.

Tap & Pay – Oobit pioneers a revolutionary contactless payment experience, enabling seamless crypto transactions via the Oobit app at over 100 million businesses worldwide that accept Visa or MasterCard. Notably, this innovative solution requires no integration on the business side, eliminating the need for market education, as users effortlessly pay with crypto, while merchants receive fiat currency.

P2P payments – Oobit empowers users to effortlessly send cryptocurrencies locally or internationally, utilizing merely a phone number as the recipient’s wallet coordinates. This pioneering cross-border remittance service is remarkably innovative, boasting instantaneous transactions at no cost to users.

Oobit Layer 2 – Oobit is pioneering a suite of innovative tools to transform its Tap & Pay product into the premier gateway for Web3 spending. By seamlessly integrating external third-party crypto wallets with the Oobit app, users can effortlessly maintain self-custody of their funds while enjoying the convenience of spending anywhere Visa and Mastercard are accepted, with the same frictionless and contactless experience.

The sole solution that comprehensively addresses the entire spectrum of customer pain points.

The Visionaries Behind Oobit: Meet the Founders

Moshe, Oobit’s esteemed Chairman, provides visionary leadership to the Board of Directors, working in tandem with the CEO to spearhead strategic initiatives, including growth planning, acquisitions, and investments. As a seasoned private equity and venture capital investor, he co-founded Shefa Capital and serves on the boards of several esteemed public and private companies, including Cross River Bank, SolarEdge, Innoviz, and others.

Amram, Oobit’s Co-founder, draws upon his experience as a former Israeli Navy Seal to inform the company’s business strategy and foster a culture of innovation. With a passion for the web3 payments revolution, he has been a driving force in the cryptocurrency sector since 2016, dedicated to pioneering the development of seamless, borderless, and limitless payment solutions.

Aharon Miller, Oobit’s Co-founder and COO, is a visionary blockchain advocate, financial technology entrepreneur, and pioneering crypto enthusiast. With a strong background in the tech sector, he previously founded a trailblazing company offering ESP technologies as a service. Aharon’s fervent passion for blockchain and crypto, ignited in 2015, led him to establish his inaugural blockchain venture in 2017. Currently, as Co-Founder & COO of Oobit, a cutting-edge blockchain and cryptocurrency payment app, Aharon is committed to streamlining daily crypto usage for individuals, making it more accessible and user-friendly.

Phillip Lord, Oobit’s President, is a seasoned professional with an impressive 25-year track record in business development, fundraising, and strategic leadership. As co-founder of Pimlico Partners, a prestigious boutique advisory firm based in Dubai, he has honed his expertise in nurturing entrepreneurial ventures, securing capital, and fostering strong investor relationships. With a deep understanding of crypto markets, Phillip is well-versed in coin and token issuance, as well as both centralized and decentralized exchange ecosystems. Furthermore, he has provided guidance to numerous web3 companies, navigating them through both bull and bear markets. His exceptional leadership acumen and sound judgment have consistently yielded successful outcomes for the companies he collaborates with.

Eric Song, Oobit’s CFO, boasts an impressive 20-year tenure as an accomplished equities and futures trader. His illustrious career commenced in proprietary trading firms, where he honed his skills in global macro strategies. He subsequently assumed a pivotal role in managing a substantial portfolio at Asia Genesis Asset Management, a billion-dollar hedge fund renowned for its global macro strategy.

Unveiling the Unparalleled OBT: A Trailblazer in the Cryptocurrency Realm

Empowering a new era of transactions, redefining the future of payments.

OBT is the driving force behind Oobit, boasting a suite of innovative features meticulously crafted to simplify and amplify the payment experience for everyone, from cryptocurrency newcomers to seasoned investors.

OBT Portfolio Builder: Optimize and Diversify Your Cryptocurrency Holdings with Ease

The OBT portfolio builder empowers users who meet the requisite threshold to participate in the program, thereby earning a diversified portfolio of cryptocurrencies as rewards. These rewards are accrued whenever other users leverage Oobit’s Tap & Pay feature for purchases, and are subsequently distributed in the native currencies (BTC, ETH, USDT, etc.) of the transactions facilitated within the app.

Optimized Transaction Fees: Unlock Savings with Every Transaction

Holders of OBT tokens are entitled to substantially reduced transaction fees when utilizing the app for payment purposes.

OBT Rewards: Unlock Exclusive Cashbacks

Through Oobit’s innovative Tap & Pay solution, users are rewarded with XXX OBT for every transaction exceeding 1 USD, made seamlessly through the Oobit app. For instance, with every 200 USD spent on the app, users can earn a generous 1 OBT.

The Oobit Network’s Robust Security Framework: A Comprehensive Overview

The OBT token contract is deployed on the Ethereum Mainnet, adhering to the ERC-20 standard. Furthermore, the Oobit app serves as a secure Multi-Party Computation (MPC) and Cold wallet, bolstered by the robust security of Fireblocks.

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