FOLKS MOBILE: BRINGING CRYPTO TO YOUR POCKET

In a move to make crypto more accessible, Folks Finance has teamed up with a licensed Virtual Asset Service Provider (VASP) to launch Folks Mobile. This new app is set to bridge the gap between regulated financial services and the decentralized world of DeFi. The app is designed to be user-friendly and compliant, offering features like Liquid Staking, Swaps, and Lending. It will also introduce a debit card that allows users to spend crypto without selling it. Instead, users can collateralize their crypto to borrow stablecoins for spending. Folks Mobile is not just about spending, though. It also aims to provide access to Real World Asset (RWA) investments, all within a regulated framework. This could open up new opportunities for users to diversify their portfolios. The app is still in development, but early users can sign up for the waitlist. The team behind Folks Mobile believes that this is the next step in making DeFi accessible to everyone. They want to abstract the technology so that users don't need to understand the complexities of DeFi to benefit from it. The launch of Folks Mobile coincides with the upcoming FOLKS token generation event (TGE) on November 6th. The token will be integral to the app's functionality, offering users various perks and advantages. Folks Finance is known for its crosschain DeFi protocol, which allows users to lend, borrow, stake, and trade across different blockchains. With Folks Mobile, they are taking a step further to integrate these services into everyday life.