WHAT IS FLOKI?

_{What is Floki (Floki)?}

FLOKI IS A CRYPTOCURRENCY THAT STARTED FROM A MEMCOIN INSPIRED BY ELON MUSK'S CHIBAINU DOG.
It later evolved into a Web3 project integrating DeFi features, NFTs, and metaverse applications.
The vision of the project includes the creation of schools in developing countries and cooperation with various projects.
Like the Million Gardens Movement by FLOKI, it is promoted as a “people's crypto.”

_{Native Blockchain:}

FLOKI WORKS IN A MULTI-CHAIN TOKEN FORMAT. IT SUPPORTS BOTH ERC-20 AND BEP-20 STANDARDS.
Make it available on Ethereum and BNB Smart Chain networks
With the ability to link between the two networks.

_{Protokola Konsensus:}

FLOKI uses a proof-of-stake consensus mechanism that allows FLOKI holders to earn rewards from holding and staking.
A consensus mechanism token is a decision-making system used by a blockchain to reach a mutual agreement. It consists of a set
Protocols for confirming transactions or mining new coins.

_{Founder/Date Founded:}

FLOKI was founded in June 2021 by an anonymous group of developers, inspired by Elon Musk's Chiba Inu puppy named Floki.
DESPITE THE FOUNDER'S ANONYMITY, WHICH IS COMMON IN THE CRYPTO INDUSTRY, THE TEAM CONTINUES TO ADMINISTER AND DEVELOP THE FLOKI ECOSYSTEM.

_{Objective/Use Case:}

FLOKI HAS THE MAIN FEATURES THAT CREATE ITS USEFULNESS:

Valhalla

NFT-based metaverse game: Valhalla is a virtual world game that offers a realistic and exciting gaming experience.
Players will experience an adventure in an environment that uses NFTs as part of the in-game system.

Play-to-earn system: Players can earn money by playing the game through the play-to-earn mechanism.
This means that players can earn rewards in the form of tokens or NFTs.
When completing missions, completing stages, or participating in in-game events

FlokiFi

DeFi services: FlokiFi focuses on providing decentralized finance (DeFi)
which does not rely on banks or central institutions to carry out transactions.

FlokiFi Locker: A digital asset locking system that can lock NFTs, FLOKI tokens, LP tokens and Multi tokens
To enhance the security of user assets
It also helps to build investor confidence in the system, as locked assets cannot be used or sold immediately.

Zanîngeha Floki

Crypto Education Platform: Floki University
It is designed to be a source of knowledge for those interested in the world of crypto and blockchain technology.

Wide range of learning content: Users can access articles, videos, courses, or other online learning materials
That helps to understand the basic concepts and advanced technologies in the crypto industry.

_{Total supply/Limit or Unlimited:}

FLOKI has a total of 10 trillion tokens. FLOKI is equally divided between the Ethereum and BSC blockchains.
5 trillion tokens per chain, with the maximum number of tokens set at 10 trillion as well.

_{Supply Deflation:}

THE INFLATION MECHANISM OF FLOKI COINS HAS 3 MAIN PARTS:

TRANSACTION TAX: LEVIES 0.3% ON EVERY TRADE. TAKE A PORTION BACK AND BURN FLOKI TO REDUCE THE AMOUNT IN CIRCULATION.

STRATEGIC BURNING: THE FLOKI COMMUNITY HOLDS OCCASIONAL TOKEN BURNING EVENTS. FOR EXAMPLE, IN MARCH 2024, 2% OF THE TOTAL IS BURNED.

Burning Mechanics in Valhalla: Metaverse NFT Game Brings Part of In-Game Transaction Fee to Floki Burn

_Source:

https://coinmarketcap.com/currencies/floki-inu/ 

https://cointelegraph.com/explained/what-is-floki-inu-floki 

https://www.bitget.com/price/floki/what-is 

https://iq.wiki/wiki/floki 

https://docs.floki.com/floki-whitepaper 

https://floki.com/ 

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