Key Points
- Floki developers work on offering regulated digital banking accounts.
- Funding with FLOKI tokens will be possible with transactions using USD, EUR and GBP.
- Plans for debit cards and staking services are also on the waiting list.
Floki developers plan to provide users with regulated digital banking accounts. They will be able to fund these using FLOKI tokens, and the transactions will be made in dollars, euros and sterling, according to the lead developer of the project.
Users can transact and transfer money globally
The latest development comes as part of a vaster plan that involves releasing debit cards and staking services that will place the memecoin project to a more serious scenery with the aim to offer users a crypto-based financial application.
“We will introduce Floki-powered Bank Accounts in partnership with a fintech company,” B wrote in a Telegram message.
“These accounts will be facilitated through a key partner licensed in four key jurisdictions: Canada, Spain, Dominica, Australia, and the UAE.”
Following these decisions, users will have the ability to create digital bank accounts and also generate debit cards that are linked to these accounts.
Payments over the SWIFT international banking network and SEPA IBANs will be supported, offering users the ability to transact and transfer money globally.
VISA and Mastercard payment networks will offer debit cards, which are going to be issued in partnership with a Switzerland-based company regulated under the Swiss Financial Market Supervisory Authority (FINMA), the country’s top watchdog.
On their X account, Floki developers also showcased to users what’s next on their roadmap:
FLOKI ROADMAP: WHAT’S NEXT ON OUR AGENDA…
From the get-go, we’ve been VERY clear about our goal for Floki:
To be the most known and most used cryptocurrency in the world.
Our new roadmap outlines how we intend to achieve this:https://t.co/cBqJXwhziH pic.twitter.com/hBydq4D4lX
— FLOKI (@RealFlokiInu) March 22, 2024
Also, they announced that Floki Staking Launchpad v2.0 is now live, offering users the ability to manage their portfolio, earn staking rewards, participate in alpha quests, and more.
FLOKI is trading in the red today and the coin is currently priced at $0.0002133 on CoinMarketCap, down about 7% in the past 24 hours. However, during the past month, the coin surged by over 500%.
Floki is a crypto project that was designed to replicate the popularity of the Shiba Inu dog breed, which has already given rise to other popular tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB).
Initially, Floki was just a meme coin project, but over the years it has tried to shift its image by focusing on developing a range of projects. These projects include gaming apps and AI.
