Your favorite crypto news blog

Introducing Smart Doge Prepaid Card

Altcoins 2021/07/15 16:26 by NewsBTC

Smart Doge is a new Doge token, but what separates Smart Doge from other Doge tokens is Smart Doge is the first and only Doge token with a virtual prepaid Visa card. Smart Doge users can get issued a Visa card within 15 minutes and do not need to complete a KYC process to do so.

Cardholders will be able to use the virtual cards to make purchases and pay for services online. Once users are issued the virtual cards, they will be able to start using the card immediately.

All but two Smart Doge features are set to be ready once the project launches. The two features to be implemented later this year are KYC and staking.

How The Smart Doge Prepaid Card Works

The prepaid card will allow users to top up their cards with coins such as BNB, BUSD, or Smart Doge (SDOG). This gives users more options when it comes to using their cards for payments and purchases.

Although given the lack of a KYC currently, users are limited to $18,000 a year on each prepaid Visa card in a bid to fight fraud.

In order to access the Visa virtual card, users will have to hold a minimum of 2 BNB worth of SDOG tokens. This clause makes sure that the tokens are not getting dumped and investors actually hold on to their coins.

KYC will be rolled out later this year and this will allow users to be able to increase their limit once they complete the necessary verifications required for the card. The KYC will be implemented once an adequate and favorable method of verification is agreed upon with the card issuer.

Staking And Other Rewards

Starting in September, Smart Doge will begin offering staking options to token holders. Holders will be able to stake their Smart Doge coins with sizable rewards for their staked coins.

BUSD auto-dividends will also be available on launch and will be auto-paid every 60 minutes to token holders. But to access this, token holders must hold at least 0.5 BNB worth of Smart Doge (SDOG) tokens for a minimum of 24 hours.

The Smart Doge team also has a buy-back mechanism that goes into effect once the project launches. The buy-back mechanism will be used to buy back and burn tokens that are sold. Reducing the supply of coins and increasing the value of the tokens in the process.

Smart Doge’s platform also features a beautiful and well-crafted DApp Control Panel. This control panel is an all-in-one control panel that will enable users to manage their virtual cards, check their earnings from their staked coins, and more.

Roadmap For Smart Doge

The pre-sale for Smart Doge will take place on July 22, 2021, and the token will launch on PancakeSwap right after.

Ahead of the launch, an Ask Me Anything session will be held a couple of days before the pre-sale to answer investors’ questions regarding the project and the future of the token. The Ask Me Anything session will be done via voice chat as opposed to a text chat session.

To learn more about Smart Doge, visit their website or join their Telegram group here.

0 Like(s)

You should also read...

Mining 10/09/20 15:15 by Guest Author
OKEx Jumpstart Mining Opens New Revenue Generation Avenues for OKB Holders, ZYRO Becomes First Staking Project
OKEx Jumpstart, the cryptocurrency project accelerator operated by global crypto spot and derivatives exchange OKEx now supports mining on its platform. According to the announcement, the feature will...
Read More
Crypto 14/09/20 11:45 by Guest Author
Meet Walletreum: A Smart Crypto Management Tool With a Focus on DeFi
Decentralized finance has become the most popular facet of the crypto industry over recent months. The value of cryptocurrency locked in Ethereum-based DeFi contracts has surged over 1,000% since the ...
Read More
Crypto 16/09/20 09:57 by Guest Author
Innovation Is at the Core of the Cryptocurrency Space
When it comes to the cryptocurrency space, the ongoing question everyone asks is how to reach mass adoption. There are many ways to onboard new people and grow the space. Generating better awareness, ...
Read More
Other 14/10/20 14:30 by Thomas Delahunty
NEAR Goes Permissionless as Mainnet Transitions to Phase 2
The NEAR blockchain completed a major milestone this week after stakers and delegators voted on the governance rules of the network. The purposeful decentralization of power by the NEAR team effective...
Read More
Altcoins 28/06/21 12:03 by NewsBTC
HOPR Is Bringing Staking and NFTs To Token Holders
The HOPR protocol has already made a splash with its unique gamified and incentivized testnets, but now they’re taking it to the next level. A recent announcement from the team at HOPR reveals t...
Read More