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

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

Lagos, Nigeria, September 16th, 2024, Chainwire

Onboard is excited to announce a significant expansion and rebrand, coupled with a successful capital raise from Coinbase Ventures and LAVA. This expansion marks the evolution of Onboard from a digital money app and a global P2P exchange to a comprehensive platform and ecosystem designed to empower on-chain builders and creators globally.

The world is facing unprecedented challenges, with over 3.5 billion people living below the poverty line, 75-90% currency devaluation, and rampant double to triple-digit inflation across various regions. Onboard believes that rather than battling outdated systems, the way we change this, is by focusing on the transformative possibilities of the onchain economy.

Onboard empowers independent builders and creators to help bring the world on-chain. Onboard’s vision is to enable anyone, anywhere to come onchain and live a radically better life. Their gateway enables people to come on-chain with as little as $1 in under 2 minutes. However, the true value lies in the applications and experiences that make this economy accessible, engaging, and transformative.

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“To truly unlock the potential of the onchain economy, we need to support the creation of actually useful onchain apps and experiences. This is where builders and creators come in. This rebrand signifies our commitment to fostering a thriving onchain ecosystem that benefits everyone.” – Yele Bademosi, Co-Creator of Onboard.

Onboard is dedicated to building the ultimate financial platform and support community for on-chain dreamers—those independent builders and creators. We believe that by inviting the world’s best minds to join us, we can create exceptional on-chain applications and experiences that will inspire and enable more people to embrace the possibilities of this new economy.

The capital raised from Coinbase Ventures and LAVA will be pivotal in accelerating Onboard’s growth and expanding its offerings to meet the needs of the global on-chain community. This funding will support the development of new financial tools, resources, and community initiatives aimed at empowering on-chain creators and builders.

 The onchain economy holds tremendous potential to empower people around the world. Onboard’s on and offramps enables safe, low-cost, and low-barrier entry to the onchain world, bringing the benefits of this new economy to people who need it most. We’re excited to partner with Onboard in making economic freedom more accessible to all.” – Shan Aggarwal, Vice President, Corporate & Business Development, Coinbase Ventures.

About Onboard

Onboard is building the ultimate financial platform and support community for on-chain dreamers—independent builders and creators developing applications and experiences to bring the world on-chain. With a mission to expand the on-chain economy and make it universally accessible. Onboard is committed to enabling anyone, anywhere, to live a radically better life through the possibilities of the on-chain economy.

Website: onboard.xyz

X: @OnboardGlobal

Farcaster: @Onboard

Contact

Marketing Lead
Liza J
Onboard
liza@nestcoin.com

Disclaimer: This content is a sponsored press release and is intended for informational purposes only. It was not written by 36crypto, does not reflect the views of 36crypto and is not a financial advice. Please do your research before engaging with the products.