KOLO, the rapidly growing blockchain platform, has officially launched its crypto wallet and global card service, set to revolutionize the way memecoins are used in everyday transactions.

The global market for crypto cards has been expanding rapidly, with a projected value of $1.5 billion by 2025, driven by increasing consumer demand for flexible and accessible financial solutions. Other notable projects like Binance, Crypto.com, and Wirex have already issued millions of crypto cards worldwide, enabling users to seamlessly integrate digital assets into their daily lives.

Building on this trend, KOLO’s entry into the space with its innovative mechanics and focus on memecoin payments aims to capture a significant share of this growing market.

Reaching 6M+ Users in Record Time

In just a few months, KOLO leveraged the upward trend of Telegram mini-apps to build a community of over 6 million targeted users. Our unique offering allows these users to pay with their cards without needing to exchange their altcoins.

This smooth experience enhances convenience and drives further adoption of cryptocurrencies in everyday life.

MemePay: A New Concept for Crypto Payments

At the heart of this release is the concept of “Memepay,” a novel approach that allows users to pay for goods and services using memecoins. KOLO is leading the charge in making this concept mainstream, with a clear narrative focused on turning what was once seen as a niche or joke into a legitimate form of currency. Imagine paying your PEPE or Notcoin directly from your crypto card at groceries and your favourite stores— KOLO just made it happen. This initiative not only enhances the utility of memecoins but also helps to legitimize them within the broader financial ecosystem.

Exclusive Benefits for Early Adopters

You can already pre-order the card in the hybrid wallet on our website at https://kolo.in/card  or by using the bot interface https://t.me/kolo. In addition to the card and wallet launch, KOLO is offering significant incentives for early adopters. Users who register and join the whitelist for the pre-order of the KOLO card will not only secure their spot for early access but will also be eligible for exclusive token drops at the Token Generation Event (TGE). Those who actively farm KOLO Points will receive additional rewards, including a chance to win NFTs.

A Strategic Plan For Mass Adoption

KOLO is kicking off its launch in the European market in October’2024 with a strategic plan to expand with the global card solution to the LATAM, Africa and Asia regions in November’2024. 

About KOLO

Kolo.in is a a hybrid wallet with in-built global crypto card, designed to integrate digital assets into daily transactions, offering convenience and security. 

For more information, please visit

http://www.kolo.in

Contact person Dmitry Klim

dk@kolo.in

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No journalist was involved in the writing and production of this article.

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