Floki Inu Announces 2024 Roadmap: Debit Cards, Digital Banking, and Game Launch Ahead
Summary:
The creators of Floki Inu, a dog-themed cryptocurrency, have revealed their 2024 roadmap. It promises regulated digital banking accounts powered by Floki tokens, integration with the Venus DeFi protocol, the launch of Floki debit cards, and the release of a metaverse game called Valhalla on the mainnet. The plan also includes listing FLOKI tokens on Venus core pool subject to governance ratification and launching a cross-chain trading bot on Telegram and Discord. The moves are all part of an effort to enhance cryptocurrency utility and adoption. However, the Hong Kong Securities and Futures Commission has issued a warning about the Floki and TokenFi staking programs, which offer high returns but are unauthorized for public sale in Hong Kong.
Makers of the canine-inspired cryptocurrency, Floki Inu, have released a thorough agenda for the direction their project will take in 2024, highlighting a number of upcoming amenities and tools set to increase the currency's functional capacity. One such provision is the introduction of regulated digital banking capabilities, which will permit individuals to establish and populate bank accounts using FLOKI tokens. Further details included the forthcoming collaboration with the decentralized Venus (DeFi) protocol, the unveiling of a dedicated Floki debit card, and the much-anticipated launch of the primary Valhalla mainnet.
The digital banking initiative involves cooperation with an unannounced certified fintech firm working in key markets such as Canada, Spain, Dominica, Australia, and the UAE. Included in these banking services will be the ability to perform SWIFT payments and issue SEPA IBANs.
Soon, Floki Debit Cards will be rolled out, permitting users to link their digital banking accounts to their debit cards. This feature will allow for easy and safe use of the Floki tokens in customary currencies, including Euros and U.S. dollars.
The primary target for these endeavors is to increase exposure to conventional banking services by integrating a new demographic enabled to operate with Floki tokens, thus expanding the reach and application of digital currencies.
Floki Inu has also proposed the listing of its distinguished FLOKI token on the Venus Core Pool, contingent on governance endorsement. This move is anticipated to foster increased liquidity, allowing holders of the FLOKI token to use their tokens as stakes for borrowing various digital currencies such as Maker, Circle's USDC, BNB, and Ether.
By inculcating Venus Markets into Floki's user interface, they assure effortless reach to platform liquidity, further entrenching Floki into the decentralized finance landscape.
Moreover, Floki Inu has plans to launch a cross-chain cryptocurrency trading bot on Telegram and Discord, powered by its token, FLOKI. This function allows users to trade cryptocurrencies over different blockchain networks, with half of the generated fees directed towards purchasing and burning Floki tokens, enhancing their utility and aiding a deflationary strategy.
Lastly, the eagerly awaited introduction of the primary utility and metaverse game, Valhalla, will occur on the mainnet. Notable features of the game include on-track gaming, a play-to-earn system, customizable NFTs, and an extensive open-world environment.
In other news, a recent caution was issued by the Hong Kong Securities and Futures Commission about the Floki and TokenFi staking programs. With promised annual returns ranging from 30% to over 100%, these programs were highlighted as unauthorized for public sale in the Hong Kong region.
Published At
3/23/2024 11:28:13 AM
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