In what could be termed as an important strategic partnership, Shopping.io announced its integration with Floki Inu. The result of this collaboration is the FLOKI coin integrating with the Shopping.io platform. This will enable coin holders to make purchases on Shopping.io and make payments through FLOKI.
The collaboration will also enable FLOKI coin holders to make purchases from a wide range of e-commerce platforms like Amazon, Walmart, eBay, and Etsy, among others. Both versions of the FLOKI coin, i.e., BEP20 and ERC20, have been made compatible through this integration, thereby enhancing user comfort and convenience.
Making purchases on the Shopping.io platform with $FLOKI will entitle users to an extra discount of 2% at checkout. The current holders of the $SPI coin already have access to some of the discounts, which when added with the existing offer, can add up to 10% off on select purchases.
Cryptocurrency experts and analysts are upbeat about this integration. This is because the usage of native coins of different platforms will enhance blockchain and cryptocurrency adoption on a larger scale. This might seem to be a collaboration between two organizations but it will have implications for the entire cryptocurrency industry. This integration will especially push the envelope and inspire other organizations to come forward and take a decisive stand for the adoption of blockchain technology and digital currency.
This is also an indication for regulators and policymakers that keeping crypto away from the mainstream by implementing harsh measures might not be effective in the long run. On the contrary, the inclusion of blockchain technology and cryptocurrency domain within the regulatory framework will be a win-win situation for all stakeholders. It will widen the popularity of these emerging domains of technology among prospective users and add to government revenue in terms of taxes and levies. It will be interesting to witness how this association pans out in the future and what benefits it brings to the table in terms of new prospective users subscribing to the digital currency domain.