Miami, Florida, June 21, 2024, Chainwire
Beyond market trends, FLOKI has emerged as a significant player in the meme coin sector. The drivers of success are practical applications, a strong presence, and a dedicated community.
A key factor supporting FLOKI’s reputation is strong community support. Notable mentions include a tweet from Elon Musk’s parody account with 207,000 followers: “FLOKI objectively offers much better utility than any other memecoin on the market.” Crypto analyst Crypto_Scofield also praised FLOKI’s rapid development, citing its leadership among major meme coins such as $PEPE, $WIF, and $BONK.
Social Media and Community Engagement
Over the past six months, FLOKI’s social interactions have surged 320% and social dominance has increased 109%, according to data from social media analytics tool LunarCrush. Social Dominance measures “share of voice” across social media, according to LunarCrush.
FLOKI has been actively pursuing new developments to strengthen its ecosystem. The team introduced a trading bot and achieved major listings, including Kraken adding FLOKI to its exchange listing roadmap in the last 24 hours.
FLOKI has introduced a Telegram-based trading bot tool that allows holders to trade any token on the BNB Chain network. Public opening is expected in mid-June. This service will later be expanded to Ethereum and Base blockchains. Bots, which require FLOKI tokens to use, aim to increase token demand through a fee structure that supports buying pressure. The bot charges a 1% commission on every transaction, and 50% of the collected commission is used to buy FLOKI on the open market, contributing to buying pressure.
Another example of utility is FLOKI, which is launching a decentralized domain name service on the BNB Chain mainnet. This service allows users to create a .FLOKI domain name that represents their on-chain identity.
According to FLOKI’s roadmap, it is in talks to partner with licensed fintech companies to offer digital banking accounts. Users can link this account to their FLOKI debit card for seamless transactions in Euros, US Dollars, and more.
Another major project underway is the launch of Valhalla, FLOKI’s play-to-earn NFT game metaverse.
Additionally, the FLOKIFi Locker protocol has also been integrated into DEXTools. Our collaboration with Inverse Finance and Venus Protocol will allow users to stake FLOKI tokens and use them as collateral when borrowing major cryptocurrencies such as BTC and ETH.
Partnerships go beyond the ecosystem and beyond IRL events.
In the future, FLOKI’s marketing efforts are expected to have a much greater impact than in the past. As Saber, FLOKI’s creative marketing director and advisor, explained in a tweet, past marketing partnerships will likely be overshadowed by future ones.
https://x.com/SabreEthereum/status/1798750647937900695
sports partnerships
To name a few, FLOKI became the retail sponsor of India’s popular soccer team, Kerala Blasters FC. Along with being the shirt sponsor of The India Maharajas. This partnership introduces the FLOKI brand to over 700 million cricket fans around the world.
FLOKI and its sister token TokenFi have entered into a strategic marketing partnership with two legendary cricket teams, Manipal Tigers and Bhilwara Kings.
The team also has a partnership with Spanish soccer team Cádiz CF, part of the La Liga division. The FLOKI logo will be featured prominently on SSC Napoli’s uniforms and LED displays, as well as at events organized by World Table Tennis (WTT), which reaches over 500 million tennis fans.
Finally, FLOKI will feature in the Alfa Romeo F1 Team ORLEN car throughout the 2022 season.
Marketing and Strategic Partnerships
FLOKI has launched several aggressive marketing campaigns to increase adoption and awareness globally. The platform expects its future plans to surpass the impact of its previous efforts.
In Nigeria, the team launched a three-month campaign targeting the country’s high percentage of cryptocurrency users, including advertising on major news platforms and business publications and partnering with 16 digital influencers to reach more than 93 million people. A campaign was announced.
In Vietnam, FLOKI launched a comprehensive campaign targeting its cryptocurrency user base through extensive advertising and local events to engage the community and build brand loyalty. Vietnam, the 15th most populous country in the world, has one of the highest cryptocurrency adoption rates.
FLOKI has also made great strides in Turkey, appearing prominently on TV through advertisements on popular channels to capitalize on the country’s large and active cryptocurrency community. FLOKI’s marketing initiatives in the Middle East and North Africa (MENA) region include high-profile campaigns in countries such as the UAE, where cryptocurrency adoption is rapidly growing.
In the United States, FLOKI ran a high-visibility billboard campaign, particularly next to the Nasdaq billboard in Times Square, a prime location in New York City’s Times Square, capturing the attention of hundreds of thousands of passers-by.
FLOKI’s training plan includes regular AMA sessions. These sessions provide transparency and enable direct engagement with the community.
With TokenFi joining the ecosystem, FLOKI plans to enter the growing tokenization industry, which is expected to be worth $16 trillion by 2030, according to BlackRock CEO Larry Fink.
Summarizing FLOKI’s strategy, Saber puts it well: “Attract retail investors, execute impactful marketing campaigns, and leave a lasting impression.”
Financial and Ecosystem Milestones
Meanwhile, the FlokiFi platform holds a total value of locks (TVL) of $110.56 million secured through 2,372 locks. It supports 16 different blockchains and has 86 NFTs locked. Additionally, over 2.3 trillion FLOKI tokens worth $436.61 million have been secured through the FLOKI staking program.
To show its strong support, DWF Labs said it would purchase $12 million in FLOKI tokens. The purchase will be made through a mix of market acquisitions and tokens from the Floki Treasury.
As of 2024, FLOKI is one of the best performing companies, rising more than 6 times compared to the beginning of the year. According to data from IntoTheBlock, approximately 86% of FLOKI holders are making profits.
Introduction to Floki
Floki is a cryptocurrency and utility token for people in the Floki ecosystem. Floki aims to become the world’s most famous and most used cryptocurrency, and seeks to achieve this ambitious goal by focusing on utility, philanthropy, community, and marketing.
Floki currently has over 490,000 subscribers and is a powerful brand recognized by billions of people around the world through strategic marketing partnerships.
Website: https://floki.com
Twitter: https://twitter.com/RealFlokiInu
contact
Community Relations Officer
pedro vidal
Floki
(email protected)