Tokeo Completes First Milestone of their Catalyst Proposal with Mercuryo

Tokeo Mastercard Mercuryo debit card crypto web3

We are thrilled to announce that Tokeo has successfully completed the first milestone in our project to bring debit cards to the Cardano ecosystem, alongside Mercuryo. This achievement marks a significant step towards enhancing the utility and accessibility of Cardano for users worldwide.

 

Milestone 1: Design Program Approval

Our first milestone focused on creating a unique, community-driven design in collaboration with Mercuryo and the community. Here’s what we accomplished:

  1. Marketing Plan Development: We crafted a comprehensive design marketing strategy to engage our community, in accordance with the requested templated design specifications: https://www.figma.com/design/EJwxXnYESzAt6YCWtLxA48/Card-Design-Tokeo
  2. Design Submission Campaign: We launched a campaign inviting our community to submit card designs, fostering engagement and creativity: https://x.com/Tokeo_io/status/1884270453557973479
  3. Community Participation: The Cardano community enthusiastically responded with numerous design submissions, showcasing the ecosystem’s creativity: https://x.com/search?q=card%20design%20tokeopay%20submission&src=typed_query&f=live
  4. Design Selection: After careful consideration, the Tokeo team selected a standout design that best represents our brand and community values: https://x.com/Tokeo_io/status/1888601514131759484
  5. Winner Announcement: We publicly announced the winning design, generating excitement for the upcoming debit card: https://x.com/Tokeo_io/status/1889706038397427946
  6. Final Design Approval: The selected design was refined to meet all specifications and received approval from Mercuryo.

Additionally, our official collaboration documentation with Mercuryo was also provided to the Catalyst team.

 

Looking Ahead

This milestone completion sets the stage for the subsequent phases of our project, which include legal onboarding, engineering and development, beta testing, and the public launch. We’re excited to be working with Mercuryo to bring the MasterCard solution to Cardano, enabling users to spend their ADA using virtual cards seamlessly.

Our partnership Mercuryo will not only enhance the functionality of Tokeo but also contribute to the broader adoption of Cardano. By bridging the gap between cryptocurrency and everyday spending, we’re taking a significant step towards making Cardano more accessible and useful for both crypto enthusiasts and newcomers to the space.