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Floki Rocket: the Future Looks Bright for Crypto Start-Up with High BNB Rewards on the Binance Smart Chain

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Cape Coral, Florida–(Newsfile Corp. – November 15, 2021) – Building on the success of the Floki hype is the newest Floki pup. Floki Rocket launched on 10th November 2021 by a very experienced team based working out of SPAIN/FRANCE/USA and ROMANIA. This team clearly understands that having a strong team and a proven strategy in place is fundamental to the success of their project. They pride themselves on their core team values of community, trust, transparency, and innovation. In line with their core team values of transparency, their team is fully DOXXED with full KYC verification.

Figure 1: Floki Rocket: The Future Looks Bright for Crypto Start-Up with High BNB Rewards on the Binance Smart Chain

In recent years, the cryptocurrency market has experienced substantial growth and expansion, leading to various products and a multitude of services. With innovations like decentralised finance (Defi) and NFTs now practically a household name, this has led the way for altcoins to enter the mainstream which has contributed to greater adoption of crypto in the world. This has its challenges and the emphasis placed on security is of the utmost importance for any new and existing investor, yet it is often difficult for newcomers to decipher the good from the bad. For this reason, Doxxing and KYC verification was an absolute must. The Floki Rocket team have created an innovative concept where investors no longer need to worry about their investment doubling to make profits, instead, they can earn a passive income from BNB rewards as they sit back and watch their portfolio grow.

Floki Rocket at its core is a low tax frictionless yield token that gives one of the highest BNB rewards directly back to their holders. Floki Rocket introduces a solid product incorporating trust and security from day one by creating something a community of crypto enthusiasts and investors believe in. Their liquidity has been locked for one year providing additional comfort for investors. It’s hard to believe with the milestones reached that this token is less than a week old and going from strength to strength. Floki Rocket is primed to shake things up in the world of decentralized finance. Powered by a finely tuned contract, and a healthy dose of innovation, Floki Rocket is a frictionless yield token which rewards holders in BNB. $RFLOKI is the native utility token of the Floki Rocket Ecosystem and it forms the basis of the transaction activities on the platform. Floki Rocket is an RFI token-based project that has been created on Binance Smart Chain which utilises very low transaction fees. Floki Rocket rewards holders with $BNB tokens (BEP20) through static reflections. As such, out of the 12% tax, 4% is redistributed (shared) among token holders who hold Floki Rocket tokens on a percentage basis through static reflections. Holders can then utilise their Custom Wallet Tracker (Dapp) to Claim Dividends (BNB), Compound Dividends (BNB), see their balance of BNB and $RLOKI alongside the last BNB claimed and distributed. This wallet tracking decentralized app forms only part of their ecosystem, but provides holders with comprehensive visibility coupled with unrivalled utility. Perhaps one of the most exciting aspects of Floki Rocket aside from its smart tokenomics is the incorporation of NFTs into its ecosystem. The project will launch their own range of NFT collectibles which you can expect to see very soon.

Floki Rocket has most definitely been creating waves in the Binance Smart Chain DeFi space, having already been listed on CoinGecko and CoinMarketCap within the first few days of trading whilst having a thriving and vibrant community behind it. Their Telegram group has hit over 11k members and even more impressively the holders of their native token $RLOKI has reached over 16k holders reaching an astonishing all time high marketcap of 18 Million dollars. Admittedly reward tokens are nothing new in the altcoin space. However, most of them lack an integral function that piques investors’ interest – generating actual profitable returns. While many of those reward coins come and go, Floki Rocket’s consistent performance through a high volume of trading providing an actual passive income for all holders. Aside from laying the grounds for an innovative and realistic roadmap Floki Rocket is also a community-driven project, reflecting not only high $BNB rewards but also the ethical status of their project and long-term goals. The developer and team have worked tirelessly to build a community of happy investors that are clearly focused on the long-term future of the project. The team have proven they do not shy away from a challenge, so be prepared to see new features added to their Ecosystem as they go alongside a future staking and farming platform and their upcoming NFT development with incredible custom NFTs.

Marketing Success and Momentum as we’ve never seen it!

Look how far they have come in less than a week since launching! This has been a very big week for the team and the community as they continue to make progress day by day going from strength to strength. It feels that they need to adjust their roadmap as they tick things off quicker than they could have imagined. Let’s have a look at this week’s achievement. 

WEEK 1 ACHIEVEMENTS

  • 18 Million MarketCap reached at all time high which is phenomenal
  • Over 11k Telegram Members
  • 16k $RLOKI Holders

Floki Rocket Future Plans

After a very successful launch of the Floki Rocket token, website, and marketing campaigns, the subsequent project and marketing phases look very promising. The Crypto Company has already been reaching milestone after milestone, and the team now have their sights firmly set on expanding on their efforts.

BIG UPCOMING MARKETING PLANS

  • Billboards will be up very soon near SpaceX for a full 2 weeks!
  • Second Billboard in NYC Times Square for 5 full days
  • Big Influencer Partnerships
  • Poocoin, Coinsniper Ads
  • Top Sponsor on DEXTools

Website: http://www.flokirocket.finance

Telegram: https://t.me/floki_rocket_official

Twitter: https://twitter.com/rlokirocket

Whitepaper: https://flokirocket.finance/Whitepaper.pdf

Media Contact:
Dave Ruiz
[email protected]
Telegram: https://telegram.me/cryptokidfinance

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103593

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Supply Chain Finance Market Forecast to Reach $9.4 Billion by 2029: Increasing Emphasis on Sustainable Sourcing

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Global Supply Chain Finance Market

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Blockchain

Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest

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Venture capital funding for cryptocurrency and blockchain projects has seen a notable resurgence in the first quarter of 2024, marking its first quarterly rise since 2021. Crunchbase data released today indicates that Web3 startups secured nearly $1.9 billion in funding across 346 deals during this period. This represents a substantial 58% increase from the previous quarter, offering a glimmer of hope amidst the ongoing downward trend in overall crypto VC interest.

The recent surge in funding can be attributed to investors adopting a more long-term perspective on Web3, as opposed to the hype-driven “tourist investors” predominant in recent years. Chris Metinko, the author of the report, notes that investors are shifting their focus to the AI sector, indicating a change in investment strategy. There is a growing interest in supporting the foundational infrastructure of the decentralized internet, rather than solely concentrating on crypto wallets and lending platforms, which attracted significant investments during the peak period of 2021 to 2022.

While large funding rounds were relatively uncommon in Q1, several notable investments stood out. Exohood Labs, a company integrating AI, quantum computing, and blockchain, secured a remarkable $112 million seed round at a valuation of $1.4 billion. EigenLabs, an Ether token “restaking” platform, raised $100 million in a Series B round led by a16z crypto. Additionally, Freechat, a decentralized social network leveraging blockchain technology, secured $80 million in a Series A round. These investments, among others, contributed to the increase in valuations and the emergence of four new Web3 unicorns in Q1.

Despite the recent progress, the future trajectory of Web3 remains uncertain. Metinko suggests that the next few quarters will be pivotal in determining the industry’s direction. While investors anticipate a rebound in investment as the decentralized internet evolves, it may take another year for venture capital activity to stabilize after the exuberance of 2021. Factors such as the approval of U.S. spot Bitcoin exchange-traded funds and the upcoming Bitcoin halving could also influence the market, given the rising prices of Bitcoin and Ether.

A noteworthy example of significant funding in the Web3 space is Monad Labs’ recent successful funding round, which secured $225 million led by Paradigm. Monad Labs is a layer-1 blockchain compatible with Ethereum, offering faster transaction processing. This funding round harkens back to the golden era of crypto funding in 2021-2022, when L1 solutions attracted substantial investments.

Earlier this year, Balance, a digital asset custodian based in Canada, announced that it had once again reached $2 billion in assets under custody (AUC) amidst the recent market recovery. Similarly, Korea Digital Asset (KODA), the largest institutional crypto custody service in South Korea, has experienced remarkable growth in crypto assets under its custody, expanding by nearly 248% in the second half of 2023.

Analysts at Bernstein Research project that crypto funds could reach an impressive $500 billion to $650 billion within the next five years, representing a significant leap from the current valuation of approximately $50 billion. This forecast underscores the growing optimism and potential for substantial growth within the crypto industry in the coming years.

Source: cryptonews.com

The post Web3 Startups Raise Nearly $1.9B in Q1 2024 Despite Overall Downtrend in Crypto VC Interest appeared first on HIPTHER Alerts.

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Blockchain

ASIC cracks down on blockchain mining firms

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Three blockchain mining companies – NGS Crypto, NGS Digital, and NGS Group – along with their directors, Brett Mendham, Ryan Brown, and Mark Ten Caten, are facing legal action from the Australian Securities and Investments Commission (ASIC) for allegedly operating without a license, in violation of Australia’s Corporations Act. ASIC initiated legal proceedings against these entities on April 9, citing concerns about their non-compliance with financial regulations and their solicitation of Australian investors.

According to ASIC, the NGS companies promoted blockchain mining packages with fixed-rate returns to Australian investors, encouraging the transfer of funds from regulated superannuation funds to self-managed superannuation funds (SMSFs) for conversion into cryptocurrency. Approximately 450 Australians invested a total of around USD 41 million in these packages, raising concerns about potential financial losses.

The legal action filed by ASIC alleges that the companies violated section 911A of the Corporations Act, which prohibits companies from providing financial services without a valid Australian Financial Services Licence (AFSL). ASIC is seeking interim and final court orders to prohibit the NGS companies from offering financial services in Australia without an AFSL.

ASIC Chair Joe Longo emphasized the importance of investors carefully considering the risks before investing in crypto-related products through their SMSFs. Longo stated that ASIC’s actions send a message to the crypto industry about the regulator’s commitment to ensuring compliance with regulations and protecting consumers.

In a separate development, the Federal Court appointed receivers for the digital currency assets associated with the NGS companies and their directors to safeguard these assets amid concerns about the risk of dissipation. Mendham was also issued a travel restriction order, preventing him from leaving Australia.

While a court date for the proceedings has not been set, ASIC’s investigation is ongoing, with the regulator continuing to gather evidence and build its case. It is worth noting that the investigated companies share a similar name with NGS Super, a legitimate Australian pensions provider, leading to potential confusion among investors. NGS Super clarified that it is not involved in selling cryptocurrency or related products and has taken legal action to protect its trademark and members’ interests.

Source: iclg.com

The post ASIC cracks down on blockchain mining firms appeared first on HIPTHER Alerts.

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