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Floki Team Plans Digital Banking, Debit Card for Holders in 2024

Published 23/03/2024, 16:31
Floki Team Plans Digital Banking, Debit Card for Holders in 2024

Coin Edition -

  • Floki’s 2024 roadmap shifts focus towards practical utility-driven initiatives.
  • The team plans include introducing regulated digital banking accounts and Floki debit cards for seamless transactions.
  • Plans for integration with Venus DeFi protocol and the launch of the Valhalla mainnet are underway.

The Floki (FLOKI) development team has released its ambitious roadmap for 2024, signaling a strategic shift away from memes and towards utility-driven initiatives. The team shared its roadmap details in a recent post on its Medium blog and official X account.

At the forefront of these plans is the introduction of regulated digital banking accounts, a move aimed at expanding the practical use of FLOKI tokens within the crypto ecosystem.

In particular, Floki intends to offer users the ability to create and fund bank accounts using FLOKI tokens. The project collaborates with a licensed fintech firm operating across key global jurisdictions to further this initiative. It includes Canada, Spain, Dominica, Australia, and the UAE.

These accounts will support SWIFT payments and SEPA IBANs, facilitating seamless transactions in traditional fiat currencies. In parallel, the team is introducing Floki debit cards to complement this initiative, providing users with a convenient means to transact using FLOKI tokens in everyday scenarios.

Moreover, Floki Inu’s roadmap outlines a forthcoming integration with the Venus decentralized finance (DeFi) protocol. This positions FLOKI tokens for increased liquidity and utility within the broader DeFi landscape.

The roadmap also highlights the impending launch of the Valhalla mainnet, marking a significant milestone in Floki Inu’s journey towards building a vibrant metaverse ecosystem. Valhalla will offer on-chain gaming features, a PlayToEarn model, customizable NFTs, and an expansive virtual world for users to explore and engage with.

Furthermore, Floki Inu aims to enhance token liquidity by listing FLOKI on the Venus Core Pool. This will enable token holders to leverage their assets to borrow various cryptocurrencies.

Ultimately, these proposed initiatives underscore Floki Inu’s commitment to fostering financial inclusion and expanding the utility of FLOKI tokens.

The post Floki Team Plans Digital Banking, Debit Card for Holders in 2024 appeared first on Coin Edition.

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