what is floki

FlokiFi Locker is audited by CertiK and backed by the strong Floki brand. Floki (formerly known as Floki Inu) was launched in 2021, capitalizing on the buzz when Elon Musk named his Shiba Inu dog ‘Floki’. Transparency and community engagement, the core values ingrained from Floki’s inception, were instrumental in propelling the project’s community-driven movement.

What is the fully diluted valuation of FLOKI (FLOKI)?

Floki (FLOKI) is the people’s cryptocurrency and the utility token of the Floki Ecosystem. It is a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community and is inspired by (and named after) Elon Musk’s Shiba Inu. FLOKI is a multi-utility token that can be used as a medium of exchange in the Floki ecosystem. It is an ERC-20 smart contract token on the Ethereum blockchain and a Bep-20 token on the Binance Smart Chain network. It had an all-time high during the 2021 bull run and went to oblivion shortly after. However, the token has seen a steady increase in price since the last quarter of 2022.

FlokiFi Locker

what is floki

The tax is used for several purposes, such as project creation and awareness, collaborations, charities, and care of the environment through its partnership with the Million Gardens Movement. The effort of a vibrant and supportive community has turned a once “useless” meme-coin into a full-fledged web3 project with several https://cryptolisting.org/ flagship utility offerings. Unlike centralized exchanges (CEXs), decentralized platforms are non-custodial, meaning a user maintains control of their funds and interacts directly with the protocol. This is possible through the use of smart contracts, which automatically execute trades based on predetermined rules.

Recent Surges in the Price of Floki Inu (FLOKI)

Valhalla aims to disrupt the GameFi industry with a fun-first philosophy and addictive gameplay. Create your own NFT character and capture NFT Vera in the open world. On-chain raiding, farming, battle, quest, clan, and Esports mechanics give Valhalla the largest smart contract infrastructure of any project in Web3. Valhalla is fun for all ages, and will give everyday people an opportunity to play and earn to change their lives, all while interacting on the blockchain. The FLOKI token will be required to play and earn in Valhalla, and is the currency for in-game purchases. Floki’s tokenomics is meticulously designed for long-term sustainability.

Will Floki Reach $0.01?

The most popular exchange to buy and trade FLOKI is Binance, where the most active trading pair FLOKI/USDT has a trading volume of $49,695,170.46 in the last 24 hours. ERC-20 is a token how to mine bitcoins using your own computer standard most new tokens follow when publishing on the Ethereum blockchain. Ethereum is one of the most popular blockchains and the go-to solution for many decentralized applications.

what is floki

Floki’s innovative ecosystem offers a 3D NFT Metaverse, DeFi utilities, a crypto education platform, NFTs, a merchandise store, and more. Dog-coins became one of the most bizarre yet exciting trends within the crypto market in 2021. The meteoric rise of the meme-inspired cryptocurrency, Dogecoin (DOGE), had prompted other developers to create many dog-themed coins, hoping to share in the success story of their predecessor. Players can embark on an exciting journey within an open-world environment, where they can create their own NFT characters and capture NFT Vera, immersing themselves in a Viking-themed adventure. The game leverages advanced gaming mechanics, on-chain interactions and upgradable NFTs to provide an engaging and rewarding experience. Players can earn FLOKI tokens by playing the game, and everything they obtain within the metaverse can be owned and sold as desired.

  1. The next phase is to implement NFT trading with FLOKI as a payment option.
  2. It is an ERC-20 smart contract token on the Ethereum blockchain and a Bep-20 token on the Binance Smart Chain network.
  3. From being a memecoin, FLOKI has developed into a token with utility by offering users a gaming NFT metaverse, marketplace, educational platform, DeFI tools, merchandise and more.

And so, almost inevitably, Musk’s adoption prompted the creation of the Floki asset, which initially was just another memecoin without any utility. Building on the NFT trend, Floki Inu intends to expand with a marketplace for NFTs and merchandise. The FlokiPlaces marketplace aims to facilitate buying and selling NFTs and other digital products and position Floki Inu as a payment alternative to Bitcoin, Dogecoin, and even the US dollar. It is worth noting that FLOKI has an encoded 3% tax imposed on buying and selling the token but not on the transfer between the two chains.

While Floki’s memecoin status is important, the community wants to offer value to its users. They’ve successfully launched and are funding various NFT, DeFi, and metaverse projects that use FLOKI tokens. Yes, Floki is a real cryptocurrency that exists on both the Ethereum and Binance Smart Chains (BSC) blockchains. The is a circulating supply of over 9 trillion tokens, and the project has a fully diluted market capitalization of $243 million. The team behind Floki is building utility for the FLOKI token within its unique ecosystem. The Floki ecosystem consists of multiple different projects which are still under development, spanning DeFi, NFTs and the Metaverse.