FLOKI – FLOKI
FLOKI, founder of Valhalla and CEO of Twitter.
It’s only right that we take a deep dive…
This is a Project Review on FLOKI.
AltCryptoGems
🧵👇
FlokiInu $FLOKI first launched as a meme coin in June 2021 by an anonymous team and since then has taken over Twitter from Elon Musk (JOKE) and grown to become one of the largest ecosystems in decentralised finance.
Floki was originally born on the Ethereum network when the meme coin first launched. After a month, Floki rebranded, moved away from being just a meme coin and launched on the BNB Chain, the true home for Valhalla.
They have created an incredible ecosystem of DeFi products that provides the $FLOKI token with so many utilities.
Possibly the greatest ecosystem that spawned from a meme coin. Let’s take a dive into the Valhalla ecosystem:
FlokiFi is one of Floki’s greatest innovations as it invites protocols to securely lock up tokens, NFTs and even Multi-tokens across 12 major blockchains. FlokiFi currently has over $32.7M TVL (Total Value Locked). More products are coming to FlokiFi in the future.
Transactional fees that are earned on FlokIFi are converted into $FLOKI tokens which are then distributed as so:
75% – Fees go to Treasury
25% – Fees buy back and burn automatically after each lock.
Why is FlokiFi needed though?
Well, the overall DeFi industry is known to be full of rug pulls, scams and bad actors. FlokiFi was created to prevent as many scams from entering the space.
The FlokiFi locker allows for any DeFi protocols to lock and vest their fungible tokens, NFTs (Non-Fungible Tokens), Multi-Tokens and Liquidity Pool tokens (LP Tokens).
Enter the Floki Valhalla Metaverse, a P2E game where you can explore the open-world environment alone or in a clan with friends, battle against foes, get a ship and Raid islands or farm and cultivate resources peacefully!
The Valhalla Metaverse is currently in the Testnet stage, but that won’t stop you from playing and it’s completely free right now. If you’re interested in having a go, you can watch our tutorial on Youtube because it can be pretty tricky to set up. The link is at the end of the article.
Become $FLOKI certified with official merchandise and NFTs on their official website/marketplace. FlokiPlaces is officially partnered with Binance Pay, allowing the community to pay with cryptocurrencies!
There are all sorts of premium merchandise to choose from:
I must say the merchandise is awesome…
Currently, there are three official NFT collections available that grant you extra FLOKI power across the ecosystem (To Be Announced by the FLOKI Team).
These are the three collections that can be found on the Opensea NFT Marketplace:
Limited to 10,000 Supply.
When the Valhalla Metaverse launches, the 10k supply will begin to decrease. The utilities will be announced upon the launch of the Valhalla Metaverse Mainnet.
4 Quality Types – Ruby, Diamond, Silver & Bronze.
All Genesis NFTs will have up to 3 traits and can be used to power up their playable Valhalla in-game character.
If you’re interested in becoming God-like within Valhalla, it is recommended by FLOKI to obtain all 4 Quality Types of the Genesis collection.
Possibly the ultimate NFT Collection for Valhalla Veterans.
These NFTs were designed to enhance your overall experience. Valhalla is potentially one of the most anticipated Metaverse Play-To-Earn (P2E) launches and should see the floor price of each NFT rise substantially.
The Floki University is coming early in 2023 and will teach coming generations all about Crypto, blockchain and of course the Floki ecosystem. Most of the platform will be free, but to make the most of Floki Uni it will be recommended to hold $FLOKI tokens!
After going through their ecosystem, you can see that the $FLOKI token has a lot of utilities that are prepared to shake up the entire industry upon global adoption.
At the moment, $FLOKI is available on:
Dogecoin is currently the number 1 meme coin by market cap which is inflationary, unlike $FLOKI which is a deflationary token and over time will become very scarce.
My question is, are you a holder of $FLOKI or do you need some help?
There are two main ways to buy $FLOKI, but either way, you will always go through a centralised exchange (CEX). Here are the options:
The $FLOKI token is available on some of the top Centralised exchanges (CEXs).
Here are some Centralised Exchanges we recommend:
Firstly, you will need the Binance Smart Chain (BNB Chain) connected to your DeFi wallet like Metamask.
You can purchase on the Ethereum network if you prefer, however, gas fees are a lot cheaper on the BNB Chain which we recommend!
You can watch our step-by-step tutorials on Youtube, using these links:
You can swap $FLOKI tokens on the Binance Smart Chain (BNB Chain) using the PancakeSwap decentralised exchange (DEX) to perform the swap of either $BNB/$CAKE or $BNB/$BUSD for example. There is also the UniSwap tutorial if you choose to hold your $FLOKI tokens on the Ethereum Mainnet.
From just a meme coin, FLOKI has created enough utility for it to lose that title. The future seems bright for the Valhalla community.
One thing that is most likely to come, is the Binance listing. As the number 1 meme coin on the BNB Chain, it would only be right that the token will be listed on their centralised exchange. The main question is, how hard would it pump?
At the time of writing, the $FLOKI token is sitting at a price of $0.00004568 with a market cap of $407M. The $FLOKI token has seen an ATH of over $0.0003437 and reached a market cap of $3B.
$FLOKI is now an enabled perpetual token on ByBit and allows up to 12.5x Leverage.
You may as well get some bonuses and rewards whilst your leveraging $FLOKI, here – https://partner.bybit.com/b/ACGYoutube
Twitter – @RealFlokiInu
Website – https://floki.com/
Shop – ShopFloki.com
Valhalla Tutorial – https://youtu.be/3ViQVDUlCEU
That’s it! Thanks for reading! Have a look at our Guides section for more!
If you’re interested in learning more about Web3 and getting free crypto alpha, be sure to follow me on Twitter – @AltCryptoGems.