The HopeCard, a protocol integrated into the HOPE Ecosystem, serves as a mediator between Web2 and Web3 platforms, facilitating cryptocurrency transactions for global users.
Hope.money has always shown its dedication to creating a highly exceptional decentralized financial ecosystem on a global scale, after a pioneering distributed stablecoin venture, and introducing the “HopeCard.”. Its primary objective is to provide crypto customers with comprehensive and dependable services.
It is noteworthy that the public beta version of the HopeCard is set to go live on Friday, October 13 followed by the official launch later this month October 2023. To celebrate this remarkable achievement, Hope.money is launching a number of incentive promotions open to all users.
HopeCard is designed to revolutionize the use of digital assets in daily life by functioning as a comprehensive cryptocurrency payment solution. It serves as a pivotal link between the existing physical and digital economies.
How does HopeCard work exactly?
The HopeCard is a Visa Platinum prepaid card that can quickly be loaded with cryptocurrencies and used like regular cash. Once the funds have been placed onto the card, they may be used at any merchant that accepts Visa Platinum cards. By bridging the gap between fiat and digital currencies, HopeCard makes it easier to use cryptocurrencies.
HopeCard is free to open, load, and withdraw from. All membership tiers have a $1 monthly cost. The starting membership tier is VIP1 and when consumers spend $5,000 or more, their VIP status is upgraded to VIP2, where they will have access to a slew of additional perks.
Gains are proportional to one’s $LT balance. HopeCard accounts may move up to VIP2 or VIP3 status with the deposit of 250,000,000 or 600,000,000 $LT.
There are VIP account tiers that provide users monthly refunds on their expenditures. VIP levels 1-4 get rebates based on their expenditure at 0.1%, 0.2%, 0.3%, and 0.4%, respectively.
Source: https://finbold.com/hopecard-public-beta-goes-live-connecting-web2-and-web3-for-crypto-users/