Floki Inu

Floki Inu (FLOKI) is a dog-themed meme coin, calling itself not a meme coin but “a movement.” It’s a cryptocurrency birthed by fans and members of the Shiba Inu (SHIB) community. The coin is named after Elon Musk’s Shiba Inu.

Musk is a prominent fan of Dogecoin, although he publicly denied owning any SHIB. Floki Inu is working on “three flagship utility projects:”

An NFT gaming metaverse called Valhalla

An NFT and merchandise marketplace called FlokiPlaces

A content and education platform called Floki Inuversity

The community calls itself the “Floki Vikings” in honor of Floki (Musk’s dog) that was named after a Viking character. Floki Inu vows to take its community efforts seriously and has been listed several times in the Top 10 of LunarCrush’s social engagement leaderboards. Floki Inu has also partnered with CryptoCart, giving its holders the option to purchase items at over 1,700 stores through a partnership with CryptoCart (CC). It is also working on a similar partnership with Curate (XCUR) that would allow Floki tokens to be used as a payment method on the Curate physical goods marketplace.

Who Are the Founders of Floki Inu?

Unlike many other meme coins like Shiba Inu, the team behind Floki Inu is public, if pseudonymous. It was founded by a group of crypto influencers by the names of B, PetaByte Capital, Sabre and MrBrown Whale. The project’s lead developer is Jackie Xu, who, according to Floki Inu, is a “well-respected and doxxed figure in the industry with over a decade of blockchain experience.” The team announced that Valhalla, the NFT gaming metaverse, was being developed by a team of 11 people, with over 50 years of combined team experience and plans to expand to a team of 20 soon.

What Makes Floki Inu Unique?

Floki Inu wants to set itself apart from other meme coins by combining the memes with utility. The team’s long-term vision is to create an autonomous and decentralized ecosystem, including strategic partnerships, building utility on the token itself, and developing use cases for the Floki Inu brand through NFTs, games and decentralized finance features.

Its main flagship product is the NFT gaming metaverse called Valhalla. Floki Inu envisions it to be a play-to-earn gaming metaverse, where you can earn rewards for battling and trade or hold on to assets obtained in the metaverse. The team plans to take successful elements from games like Pokémon and Skyrim and incorporate them in Valhalla. Players will be able to capture and battle with creatures called Vera, and the game will also have a gardening system where players can tend to their crops, which can later be sold as NFTs. With Valhalla, Floki Inu tries to follow the path forged by games like Axie Infinity (AXS) that popularized playing and earning on the blockchain through games.