Onboard Secures Funding from Coinbase Ventures & LAVA to Drive Global Expansion and Unlock Onchain Economy Potential

Lagos, Nigeria, September 16th, 2024, Chainwire

Onboard is thrilled to share some major updates, including an expansion and rebranding, along with successful investment from Coinbase Ventures and LAVA. This growth phase signifies the transformation of Onboard from a digital money application and international P2P exchange, into a complete platform and ecosystem aimed at empowering onchain developers and creators worldwide.

In simpler terms, the world is currently encountering extraordinary difficulties. Over 3.5 billion people are living in poverty, many currencies have lost 75-90% of their value, and inflation rates are skyrocketing to levels exceeding 100% in multiple regions. Onboard proposes that instead of fighting against outdated systems, the key to change lies in exploring the transformative potential of the digital economy based on blockchain technology.

With Onboard, independent innovators and artists can assist in making the world a part of the blockchain network. Onboard’s goal is to provide an opportunity for anyone, regardless of their location, to join the blockchain community and enjoy a significantly enhanced lifestyle. Their portal allows individuals to enter the blockchain with just $1 within two minutes. Yet, the real worth lies in the apps and experiences that simplify access, captivate users, and bring about transformative changes to this digital economy.

To fully realize the promise of the on-chain economy, we must encourage the development of practical, beneficial applications within this space. That’s where innovators and creators shine. This rebranding underscores our dedication to cultivating a prosperous on-chain ecosystem that benefits all participants.” – Yele Bademosi, Co-Creator of Onboard.

Our mission at Onboard is to construct an unparalleled financial system and collaborative community for visionaries in the blockchain sector – those self-reliant innovators and artists. We are confident that by bringing together top talents worldwide, we can develop remarkable blockchain applications and experiences that will motivate and empower more individuals to explore the potential of this emerging economy.

The funds from Coinbase Ventures and LAVA are crucial for speeding up Onboard’s growth and broadening its services to align with the demands of the international on-chain community. This investment will contribute towards creating innovative financial instruments, assets, and community programs that strengthen the position of on-chain creators and developers.

The decentralized economy offers immense power to uplift individuals worldwide. Onboard’s on- and off-ramp services provide a secure, cost-effective, and hassle-free way for people to enter the digital economy. We are thrilled about our partnership with Onboard in facilitating broader access to economic autonomy for everyone. – Shan Aggarwal, Vice President, Corporate & Business Development, Coinbase Ventures.

About Onboard

Onboard is constructing the ideal financial platform and community for on-chain enthusiasts – individuals who independently create and develop applications and experiences aimed at moving the world towards blockchain technology. Our goal is to broaden the on-chain economy, making it accessible to all. Onboard is dedicated to empowering people worldwide to significantly improve their lives through the opportunities presented by the on-chain economy.

X: @OnboardGlobal

Farcaster: @Onboard

Contact

Marketing Lead
Liza J
Onboard
liza@nestcoin.com

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2024-09-16 15:02