How & Where to Buy Floki Inu (FLOKI)
Floki Inu Price & Information
Current FLOKI price and historical price chart
Why Should I Buy Floki Inu (FLOKI)?
How and Where to Buy Floki Inu (FLOKI)
The idea for Floki Inu (FLOKI) was spawned in 2021 after Elon Musk tweeted his plan to buy a Shiba Inu dog and name it Floki. Musk is a huge supporter of Dogecoin (DOGE), the popular altcoin with a goofy looking Shiba Inu dog as its logo.
Floki Inu had an early issue as the original contract was deflationary, caused by the increasing supply of FLOKI tokens. The problem magnified when a developer failed to use a significant fee paid out for marketing and burning token supply. The developer eventually left the project under pressure from the Floki community. A new, fresh team took over the Floki project to save it from extinction and continue the vision to become the world’s “most successful community token.”
Many of the dog-themed meme coins appear to foster cult-like communities, and Floki is no exception. It is building a fast-growing, thriving and vibrant community known as the “Floki Vikings” – Floki is a character from the popular TV show ‘Vikings’.
The Floki Inu project has charitable intentions, having commissioned Pencils of Promise to build a school in Ghana, the first step of Floki’s core mission to build a school in every under-developed nation worldwide. This ambition has started with the intention to build a school on every continent and expand from there.
Floki also established a partnership with Million Gardens, an initiative led by Kimbal Musk, Elon Musk’s brother. This project is designed to help millions of people garden and eat more healthily and sustainably.
“FLOKI isn’t your average cryptocurrency. It is the people’s cryptocurrency. A movement. By combining the power of memes with real utility and charitability, FLOKI gives power and opportunity to the people — to the underdogs — instead of venture capitalists and hedge funds.” – Floki Website
What Is Floki Inu (FLOKI)?
Floki Inu (FLOKI) is a dog-themed meme coin, supposedly birthed by members and followers of the Shiba Inu (SHIB) Community (The ShibArmy).
Floki Inu (FLOKI) has a massive maximum supply of 10,000,000,000,000 tokens.
According to the Floki Inu website, it is working on three flagship utility products:-
- Valhalla – An NFT gaming metaverse
- FlokiPlaces – A merchandise and NFT (non-fungible token) marketplace
- Floki Inuversity – A content and education platform
Considering its rocky start, Floki Inu has made significant headway in the cryptocurrency market:-
- Top 10 of LunarCrush’s social engagement leaderboards – listed several times
- Partnered with CryptoCart (CC) –Enabling $FLOKI holders to purchase items at more than 1,700 stores
- Developing more partnerships – Floki is working on a collaboration with Curate (XCUR), enabling users to use FLOKI tokens to purchase physical goods on the Curate (XCUR) marketplace
What Makes Floki Inu Unique?
Floki Inu wants to differentiate from other meme coins. The long-term vision for the project is to build utility for the $FLOKI token itself and develop use cases. This includes strategic partnerships for the Floki Inu brand via DeFi (decentralized finance), games and NFTs.
The flagship project, “Valhalla”, is still under development, but the plan is to create a play-to-earn gaming metaverse where users can earn rewards for battling and capturing creatures called “Vera.” The game will also include a gardening system where players can tend to their crops and, if they wish, sell them as NFTs.
Floki Inu’s developers are aiming to follow successful play-to-earn gaming models on the blockchain, as popularized by Axie Infinity (AXS).
Floki Inu Rewards
In appreciation of their contribution to the project’s success, Floki Inu rewards Diamond-Hand FLOKI holders with Floki Inu NFTs. The offer is subject to eligibility requirements according to Floki Inu V2 Diamond-Hands guidelines as per the Floki website. ‘Diamond Hands’ refers to long-term token holders, and in Floki Inu’s case, is defined by three different categories
- Bronze – Got airdropped at FLOKI ETH V2 launch and held for 12 hours
- Silver – Got airdropped at FLOKI ETH V2 launch and held for 24 hours
- Diamond – Got airdropped at FLOKI ETH V2 launch and held for 48 hours
The Diamond-Hand rewards are subject to being one of the first 100 people that bought $FLOKI at the FLOKI ETH V2 launch and did not sell their tokens.
How and Where to Buy Floki Inu (FLOKI)
Gate.io lists Floki Inu (FLOKI). Their platform makes it super easy to buy the $FLOKI tokens. Follow the guidelines below: –
- Create an account on Gate.io – The exchange has a streamlined verification process, so you are verified instantly after registration
- Fund your account – transfer a mainstream cryptocurrency, in this case, USDT (as it is paired to $FLOKI), to your Gate.io account
- Buy $FLOKI – it’s as simple as finding the FLOKI/USDT pair on the Gate.io platform and executing a trade
- Store your $FLOKI tokens securely – Gate.io has an exchange wallet, as well as their own Gate.io hardware wallet, the ‘S1’.
How do I Sell Floki Inu (FLOKI)?
If you wish to sell your $FLOKI tokens, it’s easy to do so with Gate.io: –
- Log in to your Gate.io account
- Exchange your $FLOKI tokens for a mainstream stablecoin like USDT
- Transfer your USDT to a reputable off-ramp platform like Coinbase
- Check you are happy with transfer fees before completing the transaction
- Once the stablecoins are in your Coinbase account, you can convert them to your chosen fiat currency and withdraw the funds to your bank account, enabling you to enjoy the profits you’ve (hopefully) made on your $FLOKI investment
Should I buy Floki Inu (FLOKI)?
We do not provide investment advice. If you want to invest in $FLOKI tokens, Gate.io is an established reputable cryptocurrency exchange that lists $FLOKI tokens. You can also buy $FLOKI tokens from Poloniex, another highly regarded cryptocurrency exchange founded in 2014.
DigiFinex also lists $FLOKI tokens, but liquidity is minimal on this cryptocurrency platform.
How do I invest in Floki Inu (FLOKI)? Safely?
If you want to invest in $FLOKI tokens, only spend what you can comfortably afford to lose. Always purchase cryptocurrencies from a reputable cryptocurrency exchange such as Gate.io or Poloniex. Finally, store your $FLOKI tokens securely in a cryptocurrency wallet.