FLOKI

University of Floki

The University of Floki is an educational platform aimed at addressing the crypto knowledge gap for new users entering the Web3 space. It provides educational content and resources to help users navigate the cryptocurrency landscape. The platform’s beta test attracted over 300 applicants, and its first release of asynchronous learning materials is expected in 2023.

FlokiPlaces NFT & Merchandise Marketplace

FlokiPlaces is designed to transform Web3 commerce by enabling users to trade NFTs and merchandise using cryptocurrency. Accessible through ShopFloki.com, the platform has partnered with Binance Pay to accept payments in multiple cryptocurrencies, supporting fast and cost-effective global transactions.

Tokenomics

The FLOKI token serves as the utility token within the Floki ecosystem. It is a multi-chain token compatible with both the Ethereum and Binance Smart Chain (BSC) networks, adhering to ERC-20 and BEP-20 standards. This compatibility allows FLOKI holders to bridge their tokens seamlessly between the two blockchains. The total supply of FLOKI is capped at 10 trillion tokens, with an approximate circulating supply of 9.7 trillion as of November 2024.

Market Dynamics

As of November 2024, FLOKI has demonstrated significant market activity, with notable price fluctuations over short periods. For instance, recent reports show a 31% decrease within a 24-hour period, raising investor concerns. Despite this volatility, FLOKI remains among the top ten meme coins by market capitalization, indicating sustained interest and engagement from the crypto community.

Community and Governance

Floki operates as a decentralized, community-driven project. The core team consists of pseudonymous members, including B, Sabre, and MrBrown Whale, with Jackie Xu as the lead developer, an industry-respected figure with over a decade of blockchain experience. Major project decisions are made through a Decentralized Autonomous Organization (DAO) vote, where participants vote with their FLOKI tokens, ensuring the community has substantial influence over the project’s direction.