FLOKI (FLOKI)
Floki originated in June 2021 after Elon Musk tweeted about naming his Shiba Inu dog "Floki." Initially launched as a meme coin similar to Dogecoin, it was called Floki Inu. Over time, as the project expanded beyond its meme origins, it was rebranded to "Floki."
Overview
The Floki ecosystem comprises the Valhalla NFT Metaverse Game, the FlokiFi DeFi Ecosystem, an educational platform, and a marketplace.
The Valhalla NFT Metaverse Game
Valhalla is an NFT-based metaverse game where players earn rewards by engaging in gameplay. The game operates on the $FLOKI token, requiring players to hold a certain amount in their wallets to access playable characters. Players can earn FLOKI tokens through in-game battles and other activities. Key features include a gardening system, in-game characters, battles, ship systems, and item systems.
| Ticker | FLOKI |
| Category | Gaming (GameFi) |
| Website | https://www.floki.com/ |
| @realflokiinu | |
| Telegram | FlokiInuToken |
| Contract Addresses | |
|---|---|
| ethereum | 0xcf...2e Copied! |
| binance-smart-chain | 0xfb...7eCopied! |
The FlokiFi DeFi Ecosystem
FlokiFi is a suite of decentralized finance products under the Floki brand, with FlokiFi Locker being the main product. The Locker provides a user-friendly interface for locking and vesting tokens, introducing a "batch lock" feature for multiple NFTs in one transaction. It supports the ERC-1155 multi-token standard, allowing various asset types in a single contract, and is compatible with multiple EVM blockchains.
The Floki University Crypto Education platform
Floki University aims to bridge the crypto education gap while promoting the Floki ecosystem. It offers accessible education through synchronous and asynchronous learning approaches, using the FLOKI token as a primary utility. Some advanced functions require the FLOFI token.
The FlokiPlaces NFT & Merchandise Marketplace
FlokiPlaces is a marketplace for NFTs and merchandise, allowing users to buy and sell digital products. It aims to position Floki as a viable payment option alongside established cryptocurrencies and traditional fiat currencies.
TokenFi
Launched on October 27, 2023, TokenFi is a platform designed to simplify asset tokenization. It enables users to create new crypto tokens and tokenize assets without extensive coding knowledge. The platform initially launched on Ethereum, BNB chain, opBNB, Base, and Arbitrum networks. TokenFi's native currency, TOKEN, is split between Binance Smart Chain and Ethereum, and FLOKI holders can stake their tokens to earn TOKEN rewards.
FLOKI Token
The $FLOKI token is a multi-chain cryptocurrency on the Ethereum and Binance Smart Chain (BSC) blockchains, compatible with ERC-20 and BEP-20 standards. This allows users to bridge tokens between the two chains seamlessly.
Tokenomics
Initially launched on Ethereum with a supply of 10 trillion, FLOKI expanded to BSC to tap into its user base. Holders can swap tokens between BSC and ETH using the FLOKI ETH-BSC atomic swap bridge. A fixed 3% tax applies to buys and sells, supporting ecosystem development. On February 29, 2024, a proposal was made to burn 190,918,585,431.84 $FLOKI tokens to enhance long-term security.
DWF Labs x Floki
On February 27, 2024, it was announced that DWF Labs would acquire $10,000,000 worth of $FLOKI tokens over two years. This move is part of an effort to enhance Floki's utility and marketing. The partnership with DWF Labs began in May 2023 with a $5 million token purchase.
Floki and HK SFC
On January 26, 2024, the Securities and Futures Commission of Hong Kong listed the Floki and TokenFi Staking Program as suspicious investments. In response, Floki implemented measures to address concerns, including warnings on staking websites and blocking Hong Kong users from participating in the program until regulatory issues are resolved.