Crypto News – In response to the excitement in the memecoin community, a key contributor from the Floki team speaks out on issues like institutional adoption, mystery initiatives, and more.
A Comprehensive Guide to Floki Crypto Ecosystem Updates – 2023
The FLOKI memecoin team just held an AMA to clarify the future of the Floki ecosystem further and what is to come as “Floktober” gets underway. A thread posted by RealFlokiInu on X details a series of updates.
Core contributor @100bviking (also known as “B”) seems to corroborate predictions regarding interactions with cryptocurrency market maker DWF Labs in response to a question about institutional adoption by stating that there is a lot being planned with them in particular, particularly for FLOKTOBER.
There is only so much information that cannot be provided right now because of NDAs, but more announcements are anticipated later this month, the contributor claims. B emphasized that FLOKI and reputable market maker Wintermute continue to have a good working relationship.
We continue to get interest from institutions too, and with the combo of Project TL, Mystery Project, and Valhalla mainnet which are all around the corner I think we’re going to see institutional interest balloon for Floki!
B
No Details on the Mysterious Project
Moreover, inquiries were made about the mystery project described in Floki’s stated roadmap. Even though B was only ready to offer very limited information on this currently contentious subject, he did make the suggestion that some of these products might also be more connected to one another than most people know.
Yes, it is being worked on and I am SUPER EXCITED about it!
B
B Successfully Addresses Concerns About Floki
In response to concerns about Floki’s potential to compete with rivals in the oversaturated memecoin vertical, ‘B’ underlined some of the crucial factors they think make FLOKI a viable prospect. To be specific:
- Despite its tardy entry into the memecoin sector, FLOKI has been successful.
- Despite the weak market, FLOKI was able to get a spot listing on Binance.
- The utility of FLOKI and creating real disruptive and sustainable value in the industry are said to be emphasized.
- Ability to develop a strong brand and acquire important strategic alliances.
We’re not just a memecoin: we are a memecoin because we believe that retail appeal is essential to mainstream adoption for crypto and the innovative products that we are building, and Floki is the only memecoin with this advantage as far as I’m concerned.
B
According to Certik, Floki is the 31st Safest Project in the Sector
Floki received a security score of 86.65 from blockchain security company Certik. When this was brought to attention, concerns emerged about how this security could be enhanced. B emphasized the fact that FLOKI was previously classified as the 31st most secure project in the entire cryptocurrency ecosystem by Certik. Additionally, they stated that discussions with Certik regarding how FLOKI may raise its security grade were still underway.
We’re actively in discussions with Certik about how to make Floki a lot more secure, and the last time I checked I believe they ranked FLOKI as the 31st most secure project in ALL of crypto. THAT IS NO JOKE!
B
What is the Current Situation at the University of Floki?
The projected educational platform for Floki, known as the University of Floki, was also a topic of discussion in the community. While denying that it might take some time for the platform to become heavily loaded with material, B seems to acknowledge that construction on Floki’s institution is already underway. B also extended an invitation to those who perceived themselves as subject-matter experts to participate in the expansion of the effort.
Things are quite advanced when it comes to the University of Floki platform development, but content is an important part as well and we are prepared for it.
B
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