【SolCard】Debit card that can be used in the real world by depositing SOL / Also works with Apple Pay and enables touch payments / Issued proprietary token $SOLC / @SolCardCC

The trend of connecting crypto assets to the real world is accelerating.

Good morning.
This is mitsui from web3researcher.

Today I researched "SolCard".

💳What is SolCard?
💧Original token $SOLC also issued
💬People living off the yields of crypto assets emerge

💳What is SolCard?

The "SolCard" is, as the name implies, a Solana card, a debit card that can be used by depositing Solana.

It is a digital card that can be issued to anyone by depositing a minimum of 0.5 SOL; after the SOL is deposited, it is credited to the card as USD and can be used at over 150 million locations.

There are no monthly or annual membership fees, only the following fees

1 - Charge fee - 5%.
2 - Withdrawal fee - $1 flat fee
3 - International transaction fee - 1.5
4 - Small purchase fee - $0.5

SolCard does not collect any personal information from users.

As a product, it's very simple: a card to seamlessly integrate Solana into real-world payments.

Recently, we also announced integration with Apple Pay, so real-world touch payments via Apple Pay are now possible.

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💧Also issued its own token $SOLC

SolCard initially operated on an invitation-only basis, but now anyone can be issued a SolCard. The launch is also relatively new, with a Q1 2024 launch date.