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Home»TRADING NEWS»Valhalla mainnet launch delayed, Floki cites auditors’ feedback
TRADING NEWS

Valhalla mainnet launch delayed, Floki cites auditors’ feedback

By Crypto FlexsNovember 25, 20242 Mins Read
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Valhalla mainnet launch delayed, Floki cites auditors’ feedback
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  • Floki has delayed the release of Valhalla to the first quarter of 2025 to improve security measures.
  • Hacken and OpenZeppelin proposed changes to enhance user and asset safety.
  • Valhalla’s P2E economy is backed by $60 million in treasury to ensure a thriving ecosystem.

Floki, the popular FLOKI memecoin team, announced that it is delaying the mainnet launch of its flagship play-to-earn (P2E) game Valhalla.

Metaverse MMORPG, originally scheduled for release in November 2024, is now scheduled to be released in the first quarter of 2025.

Security concerns raised after review of Valhalla’s smart contracts

This delay follows recommendations from Hacken and OpenZeppelin, two highly respected blockchain auditing firms that reviewed the Valhalla smart contracts prior to launch.

Floki emphasized the importance of implementing these proposals to ensure the safety of users and assets within the ecosystem.

Valhalla represents an important milestone for the Floki ecosystem, which has been in development for three years. The game will introduce a robust P2E economy supported by a treasury worth approximately $60 million. This substantial financial support aims to ensure the prosperity of the in-game economy and strengthen Valhalla’s position in the highly competitive metaverse gaming industry.

The Floki team emphasized its commitment to security and user trust in a statement shared on social media. “With great power comes great responsibility,” the update reads. “We take seriously our mission to ensure the absolute safety of assets and users within the Valhalla ecosystem.”

The decision to postpone was not made lightly, but the team considers it a necessary step to provide a safe and polished gaming experience. It will take several weeks to implement and thoroughly test the recommended changes, so we need to carefully reschedule our release for early 2025.

Valhalla’s popularity grew even as it prepared for release.

Valhalla has already garnered significant attention for its potential to disrupt the gaming and blockchain industries. The game’s immersive metaverse environment and innovative economic model are expected to resonate with both players and investors, especially as interest in blockchain games continues to grow.

While delays may test the patience of passionate fans, Floki’s transparent communication and focus on security highlight their commitment to long-term success.

With the additional time, the team aims to solidify Valhalla as a pioneering force in the metaverse gaming landscape.


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