Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
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Our articles due not endorse any projects/applications, nor due they constitute any financial advice. They are provided to simply inform our readers with readily available information that has been provided elsewhere.
Oobit, a prominent crypto payment platform, has announced a strategic partnership with the Tezos Foundation. This collaboration integrates Tezos’ native token, $XTZ, into Oobit’s payment system, enabling users to make tap payments using $XTZ at any Visa or Mastercard terminal worldwide. This marks a significant advancement in making cryptocurrency more accessible and practical for everyday use.
Tezos is an open-source blockchain platform known for its community-driven governance and focus on long-term upgradability. The platform’s ability to self-amend and its emphasis on formal verification make it a robust and secure choice for integrating with Oobit’s expanding payment solutions. With this integration, Oobit users can now leverage the Tezos network for fast and low-cost transactions, enhancing their overall experience with digital assets.
Oobit’s Tap & Pay feature, which now supports $XTZ, allows users to make payments seamlessly at any Visa and Mastercard terminal globally. This integration is part of Oobit’s broader strategy to bridge the gap between traditional financial systems and the emerging world of blockchain technology. The platform aims to provide real-world applications for cryptocurrency, making digital assets more practical and accessible for everyday purchases.
Siddharth Singhal, Head of Business Development at Trilitech, which is focused on advancing the Tezos ecosystem, highlighted the significance of this partnership: “Partnering with Oobit represents an important milestone as we work towards greater global adoption of the Tezos token. This collaboration not only broadens our reach by Oobit’s simple web3 on and off-ramp experience but also strengthens our commitment to fostering innovation and accessibility in the decentralized future of web iOS opening up NFC, secure element access for developers will open up exciting possibilities in the roadmap ahead of us!”
The partnership also includes the integration of the Tezos Network for deposits and withdrawals on Oobit’s platform. This feature offers Oobit users the security and efficiency of Tezos’ self-amending protocol, which has been operational since 2018. By leveraging Tezos, Oobit continues to ensure its users can engage in secure and efficient digital asset transactions.
Amram Adar, CEO of Oobit, commented on the collaboration, stating, “Our collaboration with the Tezos Foundation represents a significant leap forward in our mission to make cryptocurrency a mainstream payment. We are not only expanding our payment options but also ensuring that our users have access to one of the most secure and innovative blockchains available today.”
The $10 Bonus
In addition to integrating $XTZ, Oobit has launched its mobile app for iOS users, following the successful introduction of its Tap & Pay feature for Android in 2023. This expansion broadens the accessibility of Oobit’s services, bringing cryptocurrency payments to a wider audience. To celebrate this milestone, Oobit is offering a $10 welcome bonus for the first tap payment made by new verified users on the iOS app. This incentive is aimed at encouraging users to explore cryptocurrency payments and incorporate digital assets into their daily financial routines.
The iOS app launch follows a recent announcement by Oobit on social media, drawing a connection between their new app and the energy of Manchester United’s gameplay.
From Old Trafford to your iPhone! 📱⚽️ The wait is over—tap to pay with @tezos on our brand-new iOS app! Just like @ManUtd unstoppable game, our tap-to-pay feature is set to change the crypto league. Ready to play and pay? Download it now and receive a $10 welcome bonus🏆 pic.twitter.com/NiM2Ibtndt
Oobit’s in-app cryptocurrency tap payment feature is currently available for both Android and iOS users within the European Union, with plans to expand to other regions, including Asia and Latin America, in the near future.
Oobit, a prominent crypto payment platform, has announced a strategic partnership with the Tezos Foundation. This collaboration integrates Tezos’ native token, $XTZ, into Oobit’s payment system, enabling users to make tap payments using $XTZ at any Visa or Mastercard terminal worldwide. This marks a significant advancement in making…
The Tezos Foundation has partnered with Baanx to introduce a Tezos-branded, non-custodial crypto card on Etherlink. This collaboration aims to leverage Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology, to facilitate swift and cost-effective payments.
Transak has announced its integration with Etherlink, a Layer 2 blockchain powered by Tezos. This collaboration aims to streamline Web3 adoption by offering faster transactions and minimal fees. Transak, known for its developer-friendly toolkit, supports over 170 cryptocurrencies across 169 countries, facilitating seamless and efficient crypto transactions.
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
Our articles due not endorse any projects/applications, nor due they constitute any financial advice. They are provided to simply inform our readers with readily available information that has been provided elsewhere.
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The Tezos Foundation has partnered with Baanx to introduce a Tezos-branded, non-custodial crypto card on Etherlink. This collaboration aims to leverage Etherlink, an Ethereum-compatible Layer 2 blockchain powered by Tezos Smart Rollups technology, to facilitate swift and cost-effective payments.
Transak has announced its integration with Etherlink, a Layer 2 blockchain powered by Tezos. This collaboration aims to streamline Web3 adoption by offering faster transactions and minimal fees. Transak, known for its developer-friendly toolkit, supports over 170 cryptocurrencies across 169 countries, facilitating seamless and efficient crypto transactions.
NOWPayments has announced that Tezos (XTZ) is now available as a payment option on its platform. This development allows developers and businesses, particularly in the gaming sector, to accept XTZ payments seamlessly.
