### What is FLOKI?

FLOKI is a meme-inspired cryptocurrency named after Elon Musk's Shiba Inu puppy. It is designed as a utility token within the Floki Ecosystem, aiming to integrate facets such as decentralised finance (DeFi), non-fungible tokens (NFTs), and gaming. The token is self-described as "the people's cryptocurrency" and targets both crypto enthusiasts and the general public with its multifunctional offerings.

### How does FLOKI work?

FLOKI operates on both the Ethereum (ERC-20) and Binance Smart Chain (BEP-20), utilising the strengths of both blockchains. This dual-chain approach provides users with Ethereum's security and BSC's lower transaction costs. The coin supports various activities within the Floki Ecosystem, including its projects Valhalla (an NFT-based gaming metaverse) and FlokiFi (a DeFi platform), among others. Transaction fees include burning a percentage of the tokens, which helps manage the circulating supply and potentially supports token value.

### What are the potential use cases for FLOKI?

FLOKI offers a range of use cases that extend beyond its initial status as a meme coin. Potential applications include:

1. **Gaming**: Within Valhalla, FLOKI is used as in-game currency.
2. **DeFi**: Supports decentralised financial services through FlokiFi, offering staking and yield farming opportunities.
3. **E-commerce**: FLOKI tokens can be used in online marketplaces such as FlokiPlaces for trading NFTs and merchandise.
4. **Education**: Through initiatives like Floki University, it aims to improve crypto literacy.
5. **Charity**: Intends to fund educational projects like building schools in underdeveloped regions.

### What is the history of FLOKI?

FLOKI was launched in June 2021, deriving inspiration from Elon Musk's pet tweet. Initially developed by anonymous creators, the project involved known crypto figures for continuation. It has evolved significantly, marking milestones like the partnership with Kimbal Musk's Million Gardens Movement, which focuses on food insecurity. FLOKI also implemented considerable token burns to manage supply inflation. Moreover, prominent developments like the launch of TokenFi in October 2023, a platform for asset tokenization, illustrate FLOKI's evolution into a comprehensive crypto ecosystem with a strong market presence. FLOKI has grown into a diversified ecosystem supported by an active community and strategic partnerships that enhance its real-world application.

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