Crypto.com App has announced that Boba Network, or BOBA, is officially live on the network. Interested users can get their hands on the token by using any of the 20+ fiat currencies that are supported by the platform.
Some of the fiat currencies that the Crypto.com App supports are USD, EUR, and GBP.
With this announcement, BOBA joins the list of more than 250 cryptocurrencies, including the likes of Bitcoin, Ethereum, Chainlink, Polkadot, and Cronos. Users of the Crypto.com App can purchase a token at its true cost.
Tokens that are purchased have utility across the globe with 80 million+ merchants. Holders can spend the token through the Visa Card of Crypto.com.
Boba Network is based on the Optimism codebase with layer-2 Ethereum scaling. It is a blockchain-augmented solution that offers lower gas fees with a much-improved transaction throughput. Boba Network extends the capabilities of smart contracts deployed on the network.
BOBA can be staked in the ecosystem to earn some token rewards. Users can also leverage their BOBA holdings to participate in the governance process.
Boba Network aims to provide DeFi and NFT decentralized apps in the most affordable manner on the Ethereum network.
Crypto.com application functions with a mission to accelerate the adoption of cryptocurrencies worldwide. Web3 is undoubtedly the future, and cryptocurrencies are expected to play a larger role in the upcoming virtual space.
Web3 will be more fair and equitable, owned by those who create, own, and use the space. Therefore, Crypto.com App focuses on making the transition as seamless as possible.
At the time of drafting, Crypto.com had 50 million registered users across 90 countries. The executive team is led by Kris Marszalek, the Chief Executive Officer; Rafael Melo, the Chief Financial Officer; and Bobby Bao, the Head of Crypto.com Capital, among many others.
Values of Crypto.com are based on six pillars, namely:-
- Think Clearly – Information is shared in the most precise manner by investing efforts in making it simpler and easy to understand.
- Be Resourceful – Every issue is undertaken seriously, with the team going into depth to understand how the situation can be improved. Great ideas can come from anywhere, and this is one of the core philosophies that the team goes by.
- Stay Determined – Milestones are set by the team and duly met within the timeframe.
- Dream Big – Crypto.com App team believes in taking big but smarter risks. Touch choices are made when the circumstances arise, and all the choices are made in line with long-term objectives.
- Take Ownership And Be Decisive – With the protection of interest as an important aspect, the team does not hesitate to claim decisive ownership.
- Remain Humble – Success has not yet taken over, and the team remains humble.
Crypto.com App listing Boba Network gives users access to have BOBA in their portfolio. New users can register on the platform to claim the token.