The SORA community has announced that sign-ups for the SORA CARD, a neobanking solution integrating both traditional finance (TradFi) and decentralized finance (DeFi), will open on May 17, 2023, with the launch of the card to follow at a later date. The card offers a range of neobanking services, including a European IBAN, SEPA transfers, FX, and a Mastercard-powered debit card. In addition, SORA Card provides access to DeFi tools and self-custody over crypto assets through integration with Polkaswap and two self-custodial wallets, the SORA Wallet and Fearless Wallet.
SORA Card prioritizes user privacy and security, distinguishing itself from centralized alternatives. Upon sign-up, users can expect to receive virtual and physical cards, with an IBAN to follow after a few weeks. By combining the strengths of both traditional finance and DeFi, SORA Card enables users to trade, stake, farm, invest, and mint NFTs.
SORA Card is a collaborative effort between the SORA community and SORA Biome, along with industry leaders Mastercard, Paywings BV, and SORAMITSU. For more information on the SORA CARD and its features.