And as we build, the world around us evolves rapidly, both within our Web3 world and the wider Web2 world, with real institutional and consumer adoption of crypto.

We now have:

• Dozens of Crypto ETFs approved, with pension funds & corporate treasuries already allocated to crypto

• The largest banks, like JP Morgan launching crypto services and even their own stablecoin for settlements

• Payment incumbents like Stripe with billion-dollar acquisitions of startups like Bridge and Privy

Therefore, as we build, we watch, adapt, and remind ourselves of the 3 things that matter the most:

1. To build leveraging the most important qualities of Web3

• Decentralization: Distributed & open ecosystems unlock accessibility

• Provenance: Guaranteed provenance & security unlock cost efficiencies and real-time settlements

• Composability & Interoperability: Permissionless creation on top of & across others unlocks new use-cases, choices, and experiences

2. To build optimizing for the use-cases proven to actually have PMF

• Payments and settlements

• DeFi and open financial products & services

• Consumer dApps with unique experiences baked in, that would otherwise be impossible without crypto

3. To build for what truly matters in the long run

• Mass adoption of Web3, because all of the above unlocks Financial Sovereignty

Re-introducing Tabi – A new journey, a bigger vision, but the same final destination

Tabi is the world’s first decentralized network for consumer finance.

Our vision is straightforward - To empower the world’s 8 billion population with financial sovereignty by building the crypto rails necessary for inclusive financial systems, thus unlocking economic opportunities for everyone.

To put it simply - Financial Sovereignty for 8 Billy.

This is how we achieve mainstream adoption.

The opportunity to be captured right now

Tabi tackles the opportunities of:

1. Crypto can greatly improve the inefficiencies & inaccessibility of legacy financial systems, in order to empower the unbanked

2. Web2 Social has proven to be & is the only way to solve the persistent distribution problem in Web3

3. Web2 users once onboarded onto crypto rails will want access to safer institutional/RWA-backed yields, and not purely degen APY

So how does Tabi capture this opportunity?

By leveraging TabiChain and TabiPay, Tabi combines Web3 technology with a Web2 onboarding and user experience, building a consumer finance network on top of the most popular Web2 social platforms like TikTok.

Tabi aggregates both user AND capital liquidity across social platforms, brings them on-chain to TabiChain, and bridges underbanked capital with RWA & institutional yield opportunities via TabiPay, while at the same time directing these Web2 users to Web3 crypto consumer dApps and financial opportunities.

What is TabiChain?

In a nutshell, TabiChain is a next gen, full-stack Consumer L1 chain, that serves as the underlying blockchain infrastructure for Consumer Finance within the Tabi ecosystem.

TabiChain is:

• Powered by Polymorphic VM (PVM), that empowers developers to use Web2 programming languages to deploy Web3 dApps with multi-chain compatibility

• Fueled by Proof-of-Attention (PoA) tokenomics, whereby users and capital alike are incentivized to direct their productive attention on TabiChain, be it to any kind of dApp or yield sources

• A truly abstracted consumer experience, with our focus of building on top of Web2 social platforms, creating multi-platform & multi-chain interoperable dApps

All players within the ecosystem can be rewarded for their attention & liquidity and are equipped with the potential to bootstrap flywheel effects from 0 to 1.

As blockchain infrastructure - TabiChain is purpose-built for maximum distribution and mass adoption of Web3 consumer finance.

What is TabiPay?

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.

For more details: https://x.com/Lfuckjpg/status/1945086225657811021

What is Tabi Liquidity Pool & Formic？

Tabi Liquidity Pool, building open on-chain liquidity solutions. Tabi’s initial key partner to provide RWA yields is Formic.

Formic is a digital asset and cross-border payments service provider, with a strong track record and experience in providing financial services to global enterprises, already operating in scale with monthly transaction volumes of hundreds of millions in USD.

Together with Formic, Tabi can ensure that funds deployed through the LP are:

1. Verifiable – Every loan is traceable and controllable, with strict access control in place, & only regulated tier 1 and 2 licensed institutions with comprehensive KYB are accepted

2. Legally-Protected – Institutions must provide proof of funds flow and commit to using collected funds as source of repayments + provide first-loss protections with legal agreements to aim for zero bad debts

3. Compliant – Formic holds the required licenses to meet compliance needs globally, including US MSB, HK MSO, EU EMI, etc.

Apart from Formic, Tabi will also onboard multiple service providers in the future, providing users with more diversity in RWA yield sources, to both maximize yield and minimize risk, according to users’ preferences and risk tolerance.

What are the new markets & use-cases that can emerge on Tabi?

1. Cross-border and offline payments in emerging markets such as SEA, LATAM, and Africa regions have become fully accessible and unlocked. Users can freely make payments locally offline via QR code scanning for instance & make cross-border payments with the lowest fees available, settled via TabiChain.

2. On-chain credit systems built on individuals’ financial profiles, social capital, and consumer behavior from TikTok as well as businesses’ past cashflows and repayment history, all recorded & analyzed on-chain. Anyone within the Tabi ecosystem can then build upon & leverage these to create better consumer dApps & consumer finance experiences.

3. Long-tail creator economy where even small to mid-creators (starting from TikTok) are empowered as they can receive small payments & revenue streams without restrictions, take out short-term, micro-loans based on their predicted future income, or even earn future revenue in advance based on their IP and goods/services produced.

4. Diverse RWA yield ecosystem built on TabiChain where additional protocols can be developed & yield sources can be specialized based on varying risk parameters, with yields coming from businesses requiring capital for OTC businesses, for trade finance & receivables financing, or even from micro-P2P loan pools, etc.

5. All other consumer crypto dApps that want to leverage the Tabi ecosystem for distribution and user growth, built upon a robust consumer finance network with real Web2 users looking for new consumer experiences and crypto-yield opportunities.

Where is this all heading towards?

Tabi’s mission has always been Web3 mass adoption, and we’ve already achieved:

• 20M wallets and 100M transactions on our previous TabiChain testnets

• 10M+ users within the Tabi ecosystem, from our existing dApps built on top of Telegram, X, and Line

• Millions in revenue generated from our ecosystem dApps & partners already

Now with TabiPay as our flagship dApp, Tabi will be one step closer to our goal, with Tabi serving as the consumer finance network for:

• The average user in SEA who is still under-banked, without access to low-cost payments & adequate financial services

• The small-medium sized business that lacks 24/7 available capital to operate efficiently & grow fully

• The aspiring content creator who’s not quite big enough to earn stable income on TikTok yet

• The crypto-native degen who has wallet & app fatigue, and just needs a single place to manage both their crypto and real-world financial & spending needs

And our vision is much larger.

But first we start off by onboarding Web2 users onto TabiPay via TikTok with a product that actually adds value & fun to their lives.

Then we onboard them onto the wider Web3 ecosystem via TabiChain.

And finally, we work towards our end destination - where everyone in the world is onboarded onto crypto rails, because we believe Web3 does actually open up access to inclusive financial systems & services, and Web3 can actually empower the average person with financial freedom & greater economic opportunities.

Tabi becomes financial sovereignty for 8 billy.

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.