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Floki Inu Reveals Ambitious 2024 Roadmap

Mar 26, 2024

The development team at Floki Inu has shared details of their 2024 roadmap, which includes plans to enhance the functions and adoption of the memecoin.

One of the major initiatives is the introduction of digital banking accounts that are regulated. These accounts will allow users to manage their finances using FLOKI tokens, aiming to create a connection between conventional banking and cryptocurrencies. The partnership with a licensed fintech company will enable SWIFT payments and SEPA IBANs in countries like Canada, Spain, Dominica, Australia, and the UAE.

Additionally, Floki Inu plans to integrate with the Venus decentralized finance (DeFi) protocol to enhance liquidity. This integration will enable FLOKI holders to utilize their tokens as collateral for assets like Maker (DAI), Circle’s USDC stablecoin, BNB (BNB), and Ether (ETH).

Floki Inu also intends to launch the Floki Debit Card that will allow users to convert and spend FLOKI tokens in traditional currencies, contributing to the cryptocurrency's adoption in everyday transactions. Furthermore, the initiative to list the native token on the Venus Core Pool is waiting for governance approval to boost liquidity.

A cross-chain trading bot for Telegram and Discord using FLOKI tokens is in the works to reduce token supply with a deflationary mechanism. This bot will use half of the transaction fees to purchase and burn FLOKI tokens.

The Valhalla mainnet launch, coming soon, will introduce various features including on-chain gaming, PlayToEarn system, customizable NFTs, and a vast metaverse environment, marking a significant development in creating an extensive utility and gaming platform.

Despite these advancements, the Hong Kong Securities and Futures Commission has cautioned against Floki Inu's staking programs, stating they are not authorized for public sale in Hong Kong, despite promising appealing returns. This serves as a reminder of the necessity for regulatory compliance in the crypto industry.

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