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Floki Announce Phase One of FLOKI Card Powered By FCFPay

by BSCN

April 5, 2023

Users can now create a virtual prepaid Visa/Mastercard debit card and fund it with $FLOKI or other cryptocurrencies. The virtual card is available to all merchants worldwide.

Phase 1 of FLOKI Card Goes Live

Floki has announced that phase one of the FLOKI Card integration powered by FCFPay is now live, adding more utility to the $FLOKI token and its ecosystem.

The first phase is the creation of virtual prepaid debit cards. The innovation enables users to fund prepaid Visa/Mastercard virtual debit cards with the native $FLOKI token. The card is issued in partnership with FCFPay and is open to all users worldwide.

Therefore, users worldwide can generate virtual cards and fund them with $FLOKI tokens, including other crypto assets and stablecoins, across numerous blockchains. Most importantly, they are accepted anywhere.

“FLOKI holders can now generate and fund prepaid Visa/Mastercard virtual debit cards with FLOKI tokens or a range of popular cryptocurrencies, including stablecoins, on multiple blockchains,” Floki wrote in the official announcement.

The virtual cards have a $5,000 limit for all users worldwide. Further, users have a daily transaction limit of $2,500. The virtual card also has a 3.75% top-up fee, which would be used to develop the Floki ecosystem. According to the announcement, 1% of the fee would be used to burn FLOKI tokens and make them more deflationary.

After phase one, Floki will commence phase two, releasing physical cards to merchants later this year, conforming to the 2023 Roadmap. The move connects Decentralized Finance (DeFi) to the real world, showcasing the usefulness of cryptocurrencies in the industry. Interested users should visit https://floki.com/prepaid-card to purchase the card and learn more about its features.

What is Floki:

Floki Inu began with a tweet from Elon Musk. When the billionaire announced he would name his Shiba Inu puppy Floki, it created a deluge of ‘Floki’ dogcoins. The most successful of these is Floki Inu. Floki Inu is currently the market's third most popular meme token, behind Dogecoin and Shiba Inu. It is backed by a community of committed enthusiasts and a strong marketing campaign.