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What Is OBT?

OBT is a utility token integral to Oobit’s mission of making crypto payments as accessible as everyday spending.

Launched in 2017, Oobit introduces transformative technology for crypto payments, allowing users to seamlessly Tap & Pay with crypto at over 100 million global locations accepting Visa and Mastercard, with no additional setup required from merchants. Oobit also empowers crypto users to send funds peer-to-peer, facilitating both local and international transfers using just a phone number—instantly and free of charge.

To support the Oobit ecosystem, OBT is designed as a flexible asset. By fueling Oobit’s offerings, OBT advances Oobit’s goal to make Web3 technology accessible for everyday payments, spanning retail purchases to cross-border transfers.

Who Are the Founders of Oobit?

Moshe Schlisser, Oobit's Chairman guides the Board of Directors and collaborates with the CEO on strategic initiatives such as growth planning, acquisitions, and investments. A seasoned private equity and venture capital investor, he is a founding partner of Shefa Capital and serves on the boards of several public and private companies, like Cross River Bank, SolarEdge, Innoviz, and more.

Amram Adar, Oobit's Co-founder, leverages his experience from the Israeli Navy Seals to drive the company's business strategy and maintain a culture of innovation. Passionate about the web3 payments revolution, he has been active in the cryptocurrency sector since 2016, focusing on the development of borderless and limitless payments.

Aharon Miller, Oobit’s Co-founder and COO is a blockchain evangelist, financial technology entrepreneur, and early crypto adopter. With a background in the tech division, in the past he founded a groundbreaking company specializing in technologies as a service. Aharon's passion for blockchain and crypto in 2015 led him to establish his first blockchain company in 2017. Currently serving as the Co-Founder & COO of Oobit, a blockchain and cryptocurrency payment app, Aharon is dedicated to simplifying daily crypto usage for individuals.

Phillip Lord, Oobit's President and a highly experienced professional with over 25 years of expertise in business development, fundraising, and strategic leadership. He is also a co-founder of Pimlico Partners, a distinguished boutique advisory firm located in Dubai. Phillip brings a wealth of knowledge in dealing with entrepreneurs, funding capital and managing investor relationships. He possesses extensive proficiency in crypto markets, encompassing coin/token issuance and both centralized and decentralized exchanges. Additionally, Phillip has advised numerous web3 companies in navigating both bull and bear markets. His exceptional leadership and sound judgment have consistently yielded successful outcomes for the companies he collaborates with.

Eric Song, Oobit's CFO is an experienced equities and futures trader with over 20 years of experience. After starting his career in proprietary trading firms and global macro strategies, he confidently progressed to manage a substantial portfolio in a billion-dollar hedge fund with a global macro strategy, Asia Genesis Asset Management.

What Makes OBT Unique?

What Makes OBT Unique?

OBT supports a unique ecosystem of blockchain-based payment solutions through Oobit, designed to make crypto as practical for everyday transactions as traditional currencies. With Oobit’s growing presence and its pioneering Tap & Pay solution, OBT enables users to experience crypto payments in real-world settings worldwide, at any store accepting Visa and Mastercard.

One of OBT’s standout features is its deflationary model, where tokens are systematically burned based on transaction volumes within the Oobit ecosystem. This burn mechanism reduces the overall supply of OBT over time, supporting token value while encouraging engagement with Oobit’s services.

Additionally, users who choose to Tap & Pay using OBT in the Oobit app receive immediate cashback, rewarding them for using OBT in everyday transactions. This cashback feature not only incentivizes OBT usage but also aligns with Oobit’s mission to deliver added value and usability to its users.

As Oobit expands and innovates in areas like peer-to-peer payments and cross-border transfers, OBT remains central, enhancing accessibility and practicality within the crypto finance space. With its unique tokenomics and rewards structure, OBT positions Oobit as a leading name in decentralized finance, bridging crypto with everyday financial experiences.

How Is the Oobit Network Secured?

The OBT token contract is deployed on Ethereum Mainnet [ERC-20].