- Floki (FLOKI) has been one of the standouts in this year’s bull cycle.
- However, it’s not yet at its peak and there is more to come in its ecosystem, which will propel it to new heights.
The appeal of meme coins normally ends when interest in them starts to reach a saturation point. Without utility, their values eventually slide down until they are completely overshadowed by newer and more relevant altcoins. Floki begs to differ in this trend with its unique framework.
Floki has taken great strides to elevate itself from its meme coin status to a utility coin. That’s why it remains relevant in community engagement and as a platform for different projects.
The goal of the people behind Floki is simple: To make it “the most known and most used cryptocurrency in the world.” Thus, its life does not simply flow on a single cycle.
So how are they looking to achieve this? Its framework is anchored on its foundations and solid roadmap designed to let it withstand the test of time.
Three Pillars of Floki
The design of Floki is anchored on its three pillars, which are aligned with its identity as “The People’s Cryptocurrency.”
1. Community
Floki is first and foremost a meme coin, so its strength lies in its strong community that drives its popularity. To date, it is now made up of 470,000 strong who endearingly refer to themselves as “Floki Vikings.”
These people are very active in the token’s promotion during organized social media raids, in addition to their individual engagements.
2. Utility
Reinforcing the cultural appeal of the meme coin is its utility. Besides the capacity of its token as a store of value, its ecosystem is now becoming a popular choice for several non-fungible token (NFT), metaverse, gaming, and other Web3 projects.
3. Charity
Additionally, the team behind the token has active involvement in community and educational programs, especially in underdeveloped nations. Its commitment to giving back to the society serves as a testament to its role as the true “People’s Crypto.”
The Floki Roadmap
Floki is not just fighting for popularity, it also aims to be a relevant player in the years to come. Therefore, it has meticulously crafted a roadmap that will serve as its beacon in traversing the challenging waters of the vast sea of cryptocurrencies.
For Phase 1, Floki is working to be listed on the Venus Core Pool, a known lending protocol under the BNB chain with a $2.17 billion total value locked (TVL) to enhance its liquidity. A debit card and educational platform powered by its multi-chain framework are also underway.
Phase 2 will pave the way for several offerings including a trading bot, decentralized domain names, and decentralized website services. FLOKI token-funded bank accounts with Swift and SEPA IBANs support are on the horizon, too.
Last but not least, Phase 3 will be defined by the establishment of the University of Floki V2, Floki Locker V3, and a new Staking-as-a-Service program. The latter is a quality-of-life improvement that empowers developers to directly create token-staking programs within the Floki platform.