Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tomo Deploys Mercuryo’s Intuitive On-Ramp Solution To Power Growth In Nascent SocialFi

Date 15/04/2024

Global payments infrastructure provider Mercuryo has partnered with Tomo, an innovative Web3 SocialFi application, to offer seamless on-ramp services for its growing user base.

The partnership, which enables users to purchase cryptocurrency effortlessly using credit or debit cards or Apple Pay, paves the way for mass adoption in the nascent SocialFi space. Creators will be able to monetise content as fans obtain exclusive access to them via chat rooms and DM’s (direct messages).

Tomo operates on Ethereum rollups, Linea and Base, offering a ready-to-use, simple app interface for its growing community. Web2 users from platforms such as Instagram or X (formerly Twitter) can seamlessly transition to Tomo without any technical requirements or Web3 knowledge. 

“At Tomo we constantly seek solutions that enhance our users' experience,” said Marco Robustelli, Chief Marketing Officer at Tomo. “Partnering with Mercuryo is a significant step in our mission to seamlessly transition a vast number of Web2 users to the Web3 ecosystem. Mercuryo's intuitive fiat on-ramp experience is precisely the kind of innovation that aligns with our vision of making the shift to Web3 as familiar and straightforward as possible for our users."

“Tomo is part of a new wave of Web3 innovation taking place in the SocialFi space,” said Aviessa Khoo, Executive Director, Singapore, at Mercuryo. “Our on-ramp solution provides Tomo’s growing user base with a user-friendly interface for converting fiat into crypto. We are looking forward to growing together on what promises to be an amazing journey.”