What is FLOKI?

Symbol: FLOKI · Market cap rank: #156

Short answer

FLOKI (FLOKI) is a cryptocurrency currently ranked #156 by market capitalisation. It is classified as meme coin.

Source: isthiscoinascam.com

Overview

FLOKI is a multi-chain utility token that supports an ecosystem focused on decentralized gaming, finance, and educational platforms. Initially a meme-based asset, it has transitioned to emphasize community engagement, technical utility, and charity efforts, including building schools in developing countries. Key components of the project include the Valhalla NFT metaverse game, where FLOKI serves as the main currency, and the FlokiFi Locker for securing digital assets.

The project is managed by a group of advisors using pseudonyms and is backed by DWF Labs, a digital asset investment firm. Users can stake FLOKI to earn rewards in a related token, with a small tax on decentralized trades contributing to development. The token is used for various functions within the ecosystem, such as purchasing in-game items, accessing services, and making purchases with a prepaid debit card at global retailers.

Launched: 2021

Headquarters: Unknown

Scam-risk analysis

FLOKI is rated BBB on isthiscoinascam.com. Is FLOKI a scam?

See the full report

Live price, holders, audits and the complete scam-risk breakdown.

Open the full FLOKI report →