A community currency for the city of Oakland

A community currency for the city of Oakland

A community currency for the city of Oakland

Help small businesses, local community, and keep money in your pocket with rewards

Help small businesses, local community, and keep money in your pocket with rewards

Help small businesses, local community, and keep money in your pocket with rewards

Issued to serve the specific needs of Oakland. In the name of promoting local economic development and community collaboration.

Issued to serve the specific needs of Oakland. In the name of promoting local economic development and community collaboration.

Issued to serve the specific needs of Oakland. In the name of promoting local economic development and community collaboration.

For community

The use of a community currency helps to encourage the cyclical use of capital within a community. By using OAK, money can be generated, kept, and grown within Oakland.

For merchants

OAK cuts big banks and financial institutions out, keeping more money in local businesses. Visa, Square, and others often take ~1/3 of profits in fees.

We’re building the OAK currency system by leveraging blockchain technology for efficiency, security, and community independence.

Digital Efficiency

We utilize the latest digital tools to avoid the burdensome costs associated with paper vouchers, counterfeit risks, or plastic cards.

USD Backed

Every OAK created corresponds to an underlying asset that secures its value. Currently, that asset is a US dollar held in a bank account.

Asset Backed

We plan to secure OAK with various assets in the future, inspired by community currencies that use a mix of assets and property like land trusts and cooperatively owned businesses.

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© 2023 OAK

© 2023 OAK

© 2023 OAK