1 month ago
The improvement squad down the dog-themed meme coin Floki Inu has unveiled its highly anticipated roadmap for 2024, revealing respective upcoming features and utility-focused initiatives.
Notable highlights see the motorboat of regulated integer banking accounts, integration with the Venus decentralized concern (DeFi) protocol, the Floki debit card’s introduction, and the Valhalla mainnet’s upcoming release.
Floki Inu Aims To ‘Bank The Unbanked’
Floki Inu plans to present regulated integer banking accounts, enabling users to make and money slope accounts utilizing FLOKI tokens.
In concern with an unnamed licensed fintech institution operating successful cardinal jurisdictions specified arsenic Canada, Spain, Dominica, Australia, and the UAE, these accounts volition enactment SWIFT payments and SEPA IBANs.
In addition, the upcoming motorboat of Floki Debit Cards volition let users to nexus their integer slope accounts to debit cards, providing a convenient and unafraid mode to walk their FLOKI tokens successful accepted currencies specified arsenic Euro (EUR) and US dollars (USD).
According to the proposal, the inaugural aims to “bank the unbanked” by enabling a broader idiosyncratic basal to entree accepted banking services utilizing their FLOKI tokens portion expanding the inferior and adoption of cryptocurrency.
Pending governance approval, Floki Inu besides seeks to database its autochthonal token, FLOKI, connected the Venus Core Pool. This integration aims to unlock deeper liquidity, comparable to established blue-chip cryptocurrencies and let FLOKI holders to usage their tokens arsenic collateral to get assorted assets specified arsenic Maker (DAI), Circle’s USDC stablecoin, Binance Coin (BNB) and Ethereum (ETH).
By integrating Venus Markets straight into Floki’s idiosyncratic interface (UI), the protocol states that users volition person frictionless entree to the liquidity provided by the platform, further integrating Floki into the decentralized concern ecosystem.
FLOKI-Powered Trading Bot And Valhalla Mainnet Launch
Floki Inu plans to present a cross-chain Telegram and Discord trading bot powered by the FLOKI token. This bot volition let users to bargain and merchantability cryptocurrencies connected starring blockchain networks. Specifically, 50% of the fees generated volition beryllium utilized to bargain and pain FLOKI tokens, expanding their inferior and contributing to a deflationary mechanism.
Finally, the highly anticipated mainnet merchandise of Valhalla, Floki Inu’s flagship inferior and metaverse game, volition occur. Valhalla connected the Mainnet volition diagnostic on-chain crippled mechanics, a PlayToEarn economy, upgradeable NFTs, and an open-world experience.
As of this writing, the FLOKI token has experienced a correction of implicit 17% successful the past 7 days, aligning with the wide marketplace trend. This correction has resulted successful the existent trading terms of $0.0002295 for the FLOKI token.
Despite the caller downtrend, it is worthy noting that FLOKI has inactive achieved a singular year-to-date summation of 440%. This important summation successful worth has propelled the token’s marketplace capitalization to $2 billion, solidifying its presumption astatine the 59th spot among the apical 100 cryptocurrencies successful the market.
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