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Memecoin launches free debit card
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The memecoin project Floki announced the launch of a free debit card. The card has been available to platform users since last Monday (9). Under the Mastercard banner, the card will be available in 31 countries in Europe. Among the cryptocurrencies that the card supports are Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), BNB and the Floki currency itself (FLOKI).
According to the official announcement, users will be able to use these cards at millions of merchants around the world without worrying about transaction fees or exchange rates. To the The only fees charged are for issuing and sending the card or if the user wants to transfer the balance to a linked account.
To purchase a physical card, users will need to pay a fee of €32 plus shipping costs, while a virtual card costs just €10. Additionally, a 2% top-up fee will apply when transferring tokens to the account linked to the card.
The idea of the card is to allow Floki (FLOKI) holders withdraw their tokens directlyeliminating the need to convert your assets into fiat currency before making purchases. According to one of the project developers, the The expectation is to soon launch a VIP card with daily transaction limits of up to US$50,000 and monthly transaction limits of US$250,000.
Memecoin FLOKI wants to be the most used cryptocurrency in the world
Launched in 2021, memecoin uses Norse mythology as inspiration and has audacious aspirations. According to the project roadmap, Floki aims to be the best known and most used cryptocurrency in the world. To this end, it created a series of strategies to engage its community of more than 500 million people.
The debit card is part of phase 1 of the project, which foresees the creation of Floki University, a virtual space dedicated to education about the cryptocurrency market. In the remaining phases, the project intends to launch a job botding, bank accounts with its own technology and even a dedicated app for the project.
With a market value of around US$2.2 million, Floki memecoin has a long way to go. However, the launch of the card draws attention due to the utility function that the memecoin project intends to provide for its tokens. This is a concern that not all memecoin projects have.
Cards are currently available in countries including Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Slovenia, Romania, Slovakia, Spain, Sweden and Switzerland.
Memecoin launches free debit card
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Memecoin launches free debit card
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Memecoin launches free debit card
