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FLOKI is a utility token that forms the backbone of the Floki Ecosystem. This cryptocurrency was conceived by fans and members of the Shiba Inu (SHIB) community and draws inspiration from Elon Musk’s Shiba Inu. FLOKI aims to distinguish itself from other meme coins by integrating memes with utility. The long-term vision of the team behind FLOKI is to establish an autonomous and decentralized ecosystem, which includes strategic partnerships, building utility on the token itself, and developing use cases for the Floki brand through NFTs, games, and decentralized finance features. The main product of FLOKI is the NFT gaming metaverse called Valhalla, which is envisioned as a play-to-earn gaming metaverse.

FLOKI operates as an ERC-20 token on Ethereum and a BEP-20 token on Binance Smart Chain. It is the primary currency for the Floki Ecosystem, which includes four flagship utility projects: Valhalla, an NFT gaming metaverse; FlokiFi, a suite of decentralized finance products; FlokiPlaces, an NFT and merchandise marketplace; and University of Floki, a content and education platform. FLOKI aims to create an autonomous and decentralized ecosystem, with the token itself providing utility. Key decisions affecting FLOKI as a project are made through a DAO vote where people vote with their FLOKI tokens.

FLOKI has a wide range of potential use cases within its ecosystem. It is the primary currency for the NFT gaming metaverse, Valhalla, where players can earn rewards for battling and trade or hold on to assets obtained in the metaverse. FLOKI is also used in the FlokiFi suite of decentralized finance products, the FlokiPlaces NFT and merchandise marketplace, and the University of Floki content and education platform. Furthermore, FLOKI tokens are used in DAO votes to make key decisions affecting the project.

FLOKI was initially launched by an anonymous developer who abandoned the project shortly after its inception. The community rallied, took over, and relaunched the project, making it a globally recognized crypto brand with over 400,000 holders in its first year. The core team, representing the interests of its community, consists of pseudonymous personalities B, Sabre, and MrBrown Whale. The project’s lead developer is Jackie Xu, a well-respected figure in the industry with over a decade of blockchain experience. The team announced that Valhalla, the NFT gaming metaverse, was being developed by a team of 20 people with over 50 years of combined team experience.