One of the strangest and most intriguing phenomena in the cryptocurrency market has been dog coins. Other developers were inspired by Dogecoin’s (DOGE) spectacular growth to build a variety of dog-themed coins in an effort to emulate its predecessor’s popularity. One of them was the FLOKI token owned by Floki Inu. FLOKI, a meme coin, has been successful in attracting the attention of investors.
Floki Crypto Evolution from Past to 2023
The cryptocurrency Floki began as a meme coin based on Elon Musk’s dog but has now developed into a fully-fledged web3 project encompassing decentralized finance, NFTs, and the metaverse. The team behind the Floki project transformed a once-useless meme-coin into what is now known as “The People’s Crypto.”
What is Floki Crypto?
One of the most widely used canine imitation currencies on the cryptocurrency market is Floki Inu. Elon Musk and his Shiba race dog Floki served as its inspiration. An unidentified group of developers who were ardent followers of Shiba Inus and active members of their community invented the meme coin.
The project uses both the Ethereum blockchain and the Binance Smart Chain (BSC) network. It has goals that it hopes to accomplish with the help of the enormous community known as the “Floki Vikings.”
Who Are the Floki Founders?
Floki is a project managed by a decentralized community. The project was initially created by an unnamed developer, who gave up on it soon after. In its first year, the project became a well-known crypto brand with 400,000+ holders after the community came together, took control, and relaunched it.
A core group of people that work with Floki represents the community’s interests. The core group is made up of fictitious characters Mr. Brown Whale, Sabre, and B. Jackie Xu is the project’s chief developer and is described by Floki as a “well-respected and doxxed figure in the industry with over a decade of blockchain experience.” Moreover, the group declared that a team of 20 people with more than 50 years of collective team experience was building Valhalla, the NFT gaming metaverse.
Components of Floki Crypto
Floki is essentially a combination of three significant components.
Valhalla – NFT Gaming Metaverse
With a play-to-earn business model, on-chain gaming interactions, and upgradeable NFTs, Floki is developing the Valhalla non-fungible token (NFT) gaming metaverse. The product was released in 2022 while it was still in the development stage. The FLOKI token powers the metaverse.
FlokiPlace – NFT and Merchandise Market
According to Floki Inu, a fully operational crypto-commerce platform is also was created, enabling users to trade different goods, collectibles, and NFT utilizing FLOKI as the primary native currency. Before the end of 2021, the digital marketplace was officially launched.
Floki Inuversity – Content Education Platform
According to the Floki Inu team, it is creating a de facto platform for everyone interested in learning more about cryptocurrencies. They want to build Floki University into a platform with the largest collection of cryptocurrency material, accessible to everyone online and reimbursable with FLOKI.
Tokenomics
The currency and utility token of the Floki Ecosystem is called FLOKI. It is a cryptocurrency that was created by supporters and members of the Shiba Inu (SHIB) community, and it was named after.
The maximum supply of the Floki token is 20,000,000,000,000, but there are only 9,711,321,321,341,103 in circulation. According to CoinMarketCap data, the token is trading at $0.00004447 at the time of writing. In the last 24 hours, the token price has decreased by 14.85%. Lastly, the FLOKI token is traded on Huobi, Gate.io, Bybit, Uniswap (V2), BKEX, and PancakeSwap (V2).
History of the Floki Crypto
Floki crypto shares up-to-date developments from 2021 to the present day under the timeline heading on its website. You can see these developments in detail below:
- June 25, 2021 – Floki the doge
Floki is Born
Elon Musk tweets “My Shiba Inu will be named Floki” and the Floki Token is created.
- July 6, 2021 – Community
The Relaunch
The Floki core team steps forward from the community.
- July 20, 2021 – Development
Floki BSC Launch
Floki Bridges to Binance Smart Chain were creating a multi-chain ecosystem.
- July 30, 2021 – Developments
Floki x Cryptocart
Spend Floki at 1700+ stores like Apple, Google, Playstation, and Amazon.
- August 26, 2021 – Charity
$1.4 Million Donated to Million Gardens Movement
Floki partners with Kimbal Musk’s charity to fight food insecurity.
- September 2, 2021 – Valhalla
Valhalla First Look
“Project X” is revealed as Floki’s flagship utility, Valhalla.
- September 21, 2021 – Marketing
Floki in NYC
Floki begins world marketing takeover in Times Square.
- October 1, 2021 – Marketing
Missed Doge? Get Floki.
Floki’s famous advertising slogan hits London.
October 13, 2021 – Marketing
Floki in Spain
Floki locks down Barcelona and Madrid with 30-day ad blitz.
- November 1, 2021 – Marketing
Floki in Dubai
Floki takes over Dubai Airport with the month-long ad campaign.
- November 2, 2021 – Marketing
Istanbul Airport Campaign
Floki takes over Istanbul airport with aggressive brand building.
- November 3, 2021 – Developments
Floki x Shopping.io
Floki becomes available to shop at stores like Home Depot with on Shopping.io.
- November 9, 2021 – Marketing
FC Goa x Floki
FC Goa sports the Floki logo for 2021-2022.
- November 11, 2021 – Marketing
Floki Down Under!
Floki marketing hits Australia touching 34% of the population.
- November 18, 2021 –Marketing
Kerala Blasters x Floki
Floki sponsors the largest football club in India.
- November 18, 2021
Floki x Cadiz Club de Futbol
Floki breaks into La Liga with Cadiz sponsorship.
- November 23, 2021
Floki x SSC Napoli
Napoli is to wear Floki Logo for the 2021-2022 season.
- December 2, 2021 – Marketing
Bundesliga X Floki
Floki sponsors Bayer LeverKusen for the 2021-2022 season.
- December 3, 2021 – Development
Floki x Chainlink
Floki partners with industry-leading oracle maker Chainlink to integrate live price feeds.
- December 6, 2021 – Marketing
Israel Ad Campaign
Floki locks down Israel with a billboard campaign.
- December 8, 2021 – Marketing
Spartak Moscow x Floki
Floki becomes the first crypto to sponsor a football club in Russia.
- December 9, 2021 – Marketing
Floki Sponsors Fenerbahce S.K.
Fenerbahce s.k. to wear Floki logo for 2021-2022 season.
- December 11, 2021 – Marketing
Floki Sponsors F.C. Twente
FC Twente is to wear the Floki Logo for the 2021-2022 season.
- December 19, 2021 – Marketing
Floki loves India!
Floki ad campaign to touch 120 million in major Indian cities.
- December 25, 2021 – Floki the doge
Floki’s First Christmas
Elon posts his Christmas Floki.
- January 23, 2022 – Developments
Floki DAO
The Floki DAO (Decentralized Autonomous Organization) upgrade aka “The Nottingham Upgrade” is completed.
- February 8, 2022 – Community
First Floki DAO Vote
Floki DAO holds a first successful vote to address restricted wallets.
- February 24, 2022 – Marketing
Alfa Romeo x Floki
Floki announces sponsorship with Alfa Romeo F1 Team ORLEN for 2022.
- February 24, 2022 – Marketing
Floki on TV
Floki TV ads go live in the United States and Turkey.
- February 28, 2022 – Valhalla
Welcome to Valhalla
Floki releases the Alpha Prototype of the Valhalla Battle Arena.
- March 17, 2022 – Developments
Floki x Huobi Wallet
Floki partners with Huobi Wallet to promote the Floki token and Valhalla.
- March 20, 2022 – Developments
Blacklist Renounced
Floki DAO vote renounces blacklist function forever.
- March 25, 2022 – Marketing
Guerilla Marketing Campaign
Thousands of Floki Vikings compete for $28,000 in a marketing competition.
- April 17, 2022 – Floki the doge
Happy Easter Floki
Elon’s Easter Floki is eerily similar to a meme from community member Pink Shark.
- April 25, 2022 – Marketing
Floki Returns to London
Floki returns to London with its “We don’t do Politics” ad campaign.
- May 16, 2022 – Charity
Floki Completes Nigeria School
The first of many schools to be built by Floki is completed in Niger State, Nigeria.
- June 25, 2022 – Community
Floki’s First Birthday
Floki celebrates its first year of building by launching a 3D Floki Token into space.
- June 25, 2022 – Charity
Laos Floki School Complete
Floki completes school in Laos impacting over 2000 lives.
- June 30, 2022 – Developments
2022 Roadmap Released
Floki core team member B gives the Floki Vikings a lot to look forward to in the second half of 2022.
- July 7, 2022 – Developments
Year in Review
B breaks down the first year of Floki in this year in review article.
- July 28, 2022 – Developments
Gemstone NFTs Go Live
The long-anticipated Gemstone NFTs go live. Learn all about what advantages they offer holders.
- July 31, 2022 – Developments
FlokiFi Locker Launch
FlokiFi Locker is unveiled creating utility, non-tax revenue, and perpetual BURN of the Floki token.
- August 11, 2022 – Charity
Guatemala School Complete
Floki impacts over 1200 with Guatemala school build.
- October 31, 2022 – Floki the doge
Twitter CEO Floki
Floki is CEO of Twitter for Halloween.
- December 19, 2022 – Marketing
Valhalla in London
35 Valhalla billboards light up London for Christmas.
- December 25, 2022 – Floki the doge
Floki ‘n Friends, Christmas 2022
Floki in his 2022 Christmas costume.
- December 29, 2022 – Valhalla
Valhalla Open World
Players can free roam in Valhalla for the first time.
- January 17, 2023
Shop Floki goes live!
Floki opens Shop Floki partnering with Binance Pay for crypto payments.
- February 7, 2023 – Valhalla
Chinese Vikings to Valhalla!
Floki releases a Chinese whitepaper, website, and BTOK campaign.
- February 15, 2023 – Floki the doge
Floki is Twitter’s CEO
Elon tweets Floki at the Twitter executive desk.
- February 21, 2023
2023 Roadmap
Floki releases its Roadmap for 2023.
- February 23, 2023 – Marketing
Floki DEXtools takeover.
Floki ads and buttons integrated on Dextools for 365 days.
- February 24, 2023
Floki Integrated with Venus Protocol
Floki can be used as collateral to take a personal loan.
As you can see from the developments, Floki never stops and is constantly working to expand its ecosystem.
2023 Roadmap
Floki Crypto has divided its roadmap for 2023 into four phases. Having successfully completed the first phase, you can see the other goals Floki has planned for this year in the image above.
Team
Floki crypto‘s current team and their positions in the team are as follows:
- B (The Viking): Core Contributor
- Jackie Xu: Lead Dev
- Mr. Brown Whale: Core Contributor
- Lintern: Community Manager
- Sabre: Core Contributor
However, there is no detailed information on team members.
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