Inspired by dogs of Elon Musk, Floki (FLOKI) has quickly evolved from a meme coin of a project Web3 comprehensive. Self-dubbed the “electronic Money of the people,” Floki doesn't just stop at the hype that focus on building utilities reality through products such as game Valhalla and platform FlokiFi. This article will analyze in depth about the pillars of the ecosystem Floki and reviews ambitions seriously of it.
From a tweet by Elon Musk to electronic money of the people
Story of Floki starting on march 6 2021, when billionaire Elon Musk posted a stream of tweets simple: dog Shiba Inu's I will be named Floki. Line this tweet was immediately ignited a wave created the coin in and Floki Inu was born from that. However, unlike many projects exist only in the moment, Floki quickly built up a community of extremely enthusiastic and faithful, called himself Floki Vikings.
The project has positioned itself is not a meme token merely, that is electronic Money of the people. This vision emphasizes on three main factors: community, utility and charity. The goal of Floki is to create an ecosystem and bring real value to holders, pass the initial source of it.
Ecosystem floki and the three pillars of core utilities
To realize his ambition, Floki (FLOKI) focused on developing an ecosystem actual product instead of just based on the hype. This shows meme coin has other altcoin not when there is clear widget. The three main pillars of this ecosystem include:
- Valhalla: Project of Floki, a role-playing game virtual world (Metaverse) on the blockchain. Players earn rewards, owned NFT and user FLOKI do major currency, creating demand for sustainable use.
- FlokiFi: Financial subsidiaries non-focus (DeFi) ecosystem. Featured products are FlokiFi Locker, a lock token safe, help to increase transparency and generate revenue for the treasury.
- University of Floki: Education platform to help people new approach to the world of electronic money. By providing knowledge, Floki attract new users and build brand reputation.
Marketing peak and the partnership strategy
One of the factors that made a name of Floki is a marketing strategy extremely good and drastically. Project don't hesitate to overpay for ad campaigns worldwide, aim to build brand recognition at the level of mainstream.
Floki has partnered with 8 football clubs, leading a team, formula 1 racing, and deploy the campaign, headlining at venues iconic as the Burj Khalifa in Dubai or the system of public transport in London. This strategy helps Floki reach billions of people, beyond the scope of the community of crypto retail and create a professional image, reliable.
Tokenomics and strategic multi-chain smart
Floki (FLOKI) is built to operate in parallel on both blockchain is Ethereum (ERC-20) and BNB Chain (BEP-20). Strategic multi-chain smart this is an important part in the tokenomics of the project, bring two major benefits.
- Increased accessibility: users have the flexibility to choose from transactions on the chain suits them better, for example, BNB Chain with cheaper cost.
- Extended eco-system: The be present on both chain help Floki easily integrated with a large amount of the focus and different exchanges.
Initially, Floki have a tax account transactions used to finance treasury project, service, marketing and development. However, to promote the listing on the floor and increase the decentralized community Floki voted to remove this tax. This shows the flexibility and adaptability of project-oriented community.
Assess opportunities and risks when joining the army floki vikings
Although there is a development roadmap, ambitious, invest in Floki (FLOKI) still comes with both opportunities and risks as any property electronic money any other.
| Chance | Risks |
|---|---|
| Community Vikings, extremely strong and loyal. | Success depends on the successful launch game Valhalla. |
| Development roadmap clearly with the products actual utility. | The fierce competition in the field GameFi and DeFi. |
| Marketing strategy professional, brand awareness high. | Still carries the reputation of a meme coin, easily affected by market fluctuations. |
| The development team has proven expertise and a long-term vision. | Risk legally and general regulations of industry crypto. |
In general, Floki is a case study interesting about a meme coin are making our utmost efforts to turn itself into a technology project real. The success of it will be a valuable lesson for the whole industry of electronic money.
Floki has proven that a project born from meme can still pursue a development roadmap seriously with the actual product. The success of Valhalla and FlokiFi will be the deciding factor whether it can really escape from the shadow meme coin or not. This is an ambitious project, but also potential risks. To update the in-depth analysis other, please visit Blog Meme Coin.
