On top of TabiChain is TabiPay, the first Web3 financial layer built on top of TikTok, optimized for consumer finance, starting with TikTok consumer use-cases.

TabiPay serves as the entry point to onboard billions of Web2 users onto crypto rails, equipping them with their own sovereign Web3 wallet, to access all the financial opportunities that both Web3 and Web2 have to offer.

This could be basic cross-border payments, DeFi or RWA yield opportunities, or even degen speculative trading.

For many of us, this is something we take for granted. But for more than a billion people worldwide, including those in SEA, CIS, Africa regions, etc. the full extent of financial opportunities such as basic transfers, savings, and loans still eludes them.

Our thesis is simple: Web3 can empower the unbanked, but distribution is still king.

And the best way to get Web3 (and stablecoins to start off with) into the pockets of those who truly need it the most, is right now via TikTok.

TabiPay x TikTok

TikTok is inherently made up of social-interest graphs. Your TikTok account reveals who you are, your consumer behavior patterns & preferences, and potentially even your financial profile in terms of credit and risks scores.

TabiPay builds upon all of this to offer a Web3 consumer finance experience that is social powered, uniquely personalized, and seamless above all.

TabiPay consists of the following core components:

1. TikTok Influence Valuation Engine: Convert your Web2 social influence into quantifiable Web3 user-owned capital by first getting an evaluation of your TikTok account’s worth, based on real-time metrics such as followers, views, & engagement.

2. EIP-7702 Web3 Wallet: One-click create a dual AA x EOA wallet directly on TikTok, where the AA wallet is specially optimized for payments use-cases with low costs and high programmability, such as setting whitelists, spending limits, social recovery, etc. And the EOA wallet then enables easier interaction with the wider Web3 consumer ecosystem.

3. TabiCard: Spend your crypto anywhere, just like cash. Highly accessible, low barriers crypto card that supports Mastercard and Visa networks, Apple & Google Pay, and with ZERO transaction fees charged, perfect for cross-border payments anywhere.

4. TabiPay Liquidity Pool: On-chain liquidity pools where users can easily deposit into for savings & yields via TabiPay, with funds being lent out to RWA businesses with stable, predictable cashflows.

5. PayFi AI Agent: AI agent that accompanies you by curating and recommending the best opportunities, be it the E-Commerce products or wealth management financial products.

Now with TabiPay, what changes for everyone?

1. Web2 Users: TabiPay becomes your one-stop wallet, where you can access and receive crypto assets & funds from multiple chains, aggregated into one wallet and on TabiChain, for direct spending in the real world & for the lowest cost cross-border payments.

2. Web3 Users: TabiPay means that you never have to off-ramp until you actually want to, and you can continue with your usual Web3 activities, be it trading, gaming, or taking advantage of whatever economic opportunities there are within (and outside of) the Tabi ecosystem. This is all via one seamless, multi-chain, multi-Web2 social login compatible wallet so you no longer have to adapt your Web2 life to accommodate your main Web3 one.

3. TikTok Users: Make direct transfers and payments to anyone globally with zero cost, with just the recipient’s TikTok UID, even if they might not have set up TabiPay yet.

4. TikTok Creators: Creators and streamers alike can receive tips in crypto with zero commissions taken, & with zero restrictions on eligibility such as follower thresholds and existing credit card requirements.

5. Savers & Investors: Get access to diversified, sustainable, non-crypto correlated RWA yields of about 10%+ that would typically be inaccessible to the average user.

6. Businesses: Get access to 24/7 capital for business needs, eliminating previous inefficiencies of requiring huge operating capital lockup, high fees, and slow cross-border settlements.