What is Floki Inu?
FLOKI Inu is the people's cryptocurrency; the platform empowers and supports individuals rather than venture capitalists and hedge funds by combining the power of memes with genuine value and philanthropy.
The platform appears to believe that that harnessing the power of memes is the only way to effectively mainstream cryptocurrencies and achieve widespread acceptance. This is because memes can appeal to all, regardless of age, experience or wealth. Blockchain technology and cryptocurrencies are only good if they improve people's lives and contribute to a better society, which is why philanthropy is a big part of Floki Inu identity. As a result, the primary objective is to construct a school on each continent.
Purpose of Floki Inu
Floki is a cryptocurrency on the Ethereum blockchain and the Binance Smart Chain. Every transaction or exchange has a tax of 3%. This tax funds their treasury, utilised for project development, partnerships, making the world a better place through philanthropic activities, and raising platform awareness. Solidity has audited the Floki smart contract.
The platform's play-to-earn NFT metaverse game aims to deliver A-level gaming aspects on the blockchain and upgradeable NFTs.
Floki Inu tokens
According to the whitepaper, it is a working multi-utility token intended for decentralised trade among platform members.
The goal of introducing tokens is to provide a simple and secure form of payment and settlement amongst ecosystem members without using intermediaries such as centralised third-party businesses, institutions, or credit.
The supply and demand for the token connect between ecosystems via a 1:1 swap. Holders can move their tokens between the BSC and ETH blockchains via the FLOKI ETH-BSC atomic exchange bridge. The FLOKI transaction fee of 3% can not be charged when users bridge tokens between blockchains, implying that when users transfer tokens between the ETH and BSC networks.
Author: Emmanuel Baiden
7 years experience within the financial services sector most notably in Sales, Trading, research and writing articles within the crypto space. I have a bachelor's degree in International Business and a Master's in Investment and Risk Finance . I am also an associate member of the Chartered Institute for Securities and Investment.