The team behind Floki Inu (FLOKI), a meme-inspired cryptocurrency, has revealed its plans for 2024, showcasing a range of upcoming initiatives and features. These include the introduction of regulated digital banking accounts, which will allow users to create and fund bank accounts using FLOKI tokens.
The roadmap also highlights an integration with the Venus decentralized finance (DeFi) protocol, the launch of the Floki debit card, and the upcoming release of the Valhalla mainnet.
To facilitate the digital banking accounts, Floki Inu has partnered with a licensed fintech firm operating in strategic locations such as Canada, Spain, Dominica, Australia, and the United Arab Emirates. These accounts will support Swift payments and Single Euro Payments Area International Bank Account Numbers.
Furthermore, the introduction of Floki debit cards will enable users to connect their digital bank accounts with the cards, allowing them to make transactions using FLOKI tokens in traditional currencies like the euro and the United States dollar.
Pending governance approval, Floki Inu plans to list its native token, FLOKI, on the Venus Core Pool. This move aims to enhance liquidity and allow FLOKI holders to use their tokens as collateral for borrowing assets such as Dai (DAI), USD Coin (USDC), BNB (BNB), and Ether (ETH).
By integrating Venus Markets into Floki’s user interface, the protocol aims to provide seamless access to liquidity, further integrating Floki into the decentralized finance ecosystem.
Additionally, the team intends to launch a cross-chain trading bot on Telegram and Discord, powered by the FLOKI token. This bot will enable users to trade cryptocurrencies across different blockchain networks, with half of the generated fees used to buy and burn FLOKI tokens.
The launch of Valhalla, Floki Inu’s metaverse game, is also on the horizon. Valhalla will offer on-chain gaming features, a pay-to-earn system, customizable non-fungible tokens, and a vast open-world environment.
It’s worth noting that in January, the Hong Kong Securities and Futures Commission issued a warning regarding the “Floki Staking Program” and “TokenFi Staking Program.” The SFC emphasized that these products offer staking services with promised annualized returns of 30% to over 100%, but they lack authorization for public sale in Hong Kong.