We would like to announce that phase 1 of the Floki card is officially live!
The first phase of the Floki card (happening now!) involves virtual prepaid debit cards while the second phase involves physical cards and is planned for later this year in line with the Floki roadmap.
The Floki virtual prepaid debit card (Visa/Mastercard) is offered in collaboration with FCF Pay and allows users from all over the world to generate virtual Visa/Mastercard prepaid debit cards and fund them with FLOKI tokens.
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. These virtual cards have a balance limit of $5000, daily transaction limit of $2,500 and can be used with millions of merchants from around the world.
The card has a 3.75% top up fee, of which 1% goes towards buying and burning FLOKI tokens, thereby further making the FLOKI token perpetually deflationary.
You can learn more about the Floki virtual prepaid debit card and how to get one here: