Blockchain
Floki Pup: Migration to Custom V3 Contract Is Set to Unveil Exciting New Features
Cape Coral, Florida–(Newsfile Corp. – November 16, 2021) – Building on the success of the Floki hype, Floki Pup has impressively hit milestone after milestone as they seamlessly transition to a V3 contract unveiling an exciting array of new features while opening up huge opportunity for new and current investors. This upgrade to an advanced contract will allow them to be accepted onto a centralized exchange and changes the taxation in order to fund the development of the P2E game while executing a worldwide marketing campaign. The Floki Pup ecosystem has now been opened up, adding many exciting elements allowing their Floki Pup to take investors to the next level.
The upcoming play-to-earn game, NFT collection, decentralized exchange, and other features have triggered much community excitement which has evidently been reflected in the markets. The project has achieved exponential growth since its launch, putting Floki Pup right where people are taking notice. Their ecosystem is about bringing actual utility to $FLOKIPUP holders and tapping into various powerful trends in the blockchain space. Floki Pup is a frictionless yield token which rewards holders in static reflections.
$FLOKIPUP is the native utility token of the Floki Pup Ecosystem and it forms the basis of the transaction activities on the platform. Floki Pup is an RFI token-based project that has been created on the Ethereum network attracting the more serious investor. Floki Pup rewards holders with $FLOKIPUP tokens (ERC20) through static reflections. As such, out of the 9% tax, 1% is redistributed (shared) among token holders who hold $FLOKIPUP tokens on a percentage basis. With investor security in mind the Floki Pup team renounced the ownership of the liquidity contract, ensuring the funds will remain on Unicrypt for the coming five years.
Therefore, investors won’t have to worry about a rug pull or other liquidity-related oddities, as the liquidity pool always remains available. Measures like these go a long way toward building a credible cryptocurrency ecosystem which I feel sets Floki Pup apart from the rest.
Figure 1: Floki Pup: Migration to Custom V3 Contract is set to unveil Exciting New Features
Innovation
Several upcoming developments are definitely worth noting. Floki Pup have a native play-to-earn blockchain game currently under development. This will be similar to a Tamagotchi style game, where players pick up a pet, feed it, play with it, and so forth. Players taking good care of their pups will have the opportunity to earn more $FLOKIPUP tokens. The P2E game will include non-fungible token (NFT) technology in future iterations. Players can buy, sell, and trade in-game items through this technology combining the greatest aspects of gaming and digital collectibles, transforming it into an ever so popular digital metaverse with chat functionality.
It is a powerful and popular concept in the blockchain gaming world and confirms the team’s long-term commitment to innovation. Furthermore, the game and NFTs will power a broader Floki Pup Metaverse which will be exciting to see unfold. The first Floki Pup NFTs have arrived on the OpenSea marketplace. A set of 16 rare variations of Floki Pups are now available, each with different accessory kit, colour pattern, and characteristics. Through the sale process of these NFTs, the team will buy back Floki Pup tokens from the open market. Ninety percent of every NFT sale is used for this purpose, with the remaining 10% going to the artist creating these unique NFT designs. A partnership with a popular NFT project has been hinted, with more information to follow soon.
Achievements
The Floki Pup success and momentum has been astonishing reaching several crucial milestones, including:
- Successful migration to a feature rich V3 contract
- Setting up a community marketing fund
- Launching a global marketing campaign
- Billboard near SpaceX for a full 2 weeks!
- Second Billboard in NYC Times Square for 5 full days
- Starting the play-to-earn game development
- Surpassing 5,000 community members on Telegram
- Floki Pup Diamond Paw NFT’s prepped and will be send this week
Looking to the Future
As Phase 2 of the roadmap is now underway, the team focus on growing the community and number of $FLOKIPUP holders. The beta version of the play-to-earn game will be released soon, coinciding with a global marketing campaign which is sure to attract new investors. Additionally, community members can look forward to a merchandise collection, creating a strong brand and marketing tool for the Floki Pup ecosystem while allowing investors to be proud of their investment.
Continuing with Phase 3 will introduce the Floki Pup decentralized exchange. This will be a fully decentralized protocol for automated liquidity provision. That means that while you can trade digital assets on the platform, there isn’t an order book where you’re matched with someone else. Instead, you trade against a liquidity pool. Simply put, it is a decentralized exchange to allow you to trade tokens without a centralized intermediary.
Also expect to see more centralized exchange listings for the $FLOKIPUP token as they look to the future. Currently over 1,300 addresses hold $FLOKIPUP in their wallet today, and you can join them by trading the currency on Uniswap. Keep an eye on the project’s social media channels for news, updates, and announcements.
The Floki Pup Team
“FLOKIPUP realizes that hype and exposure can only take you so far within this industry, and as the industry has progressed, there is much more need for utility within projects for them to last in the long run. We believe that we have created a handy utility for this project, with the P2E game/virtual universe, our highly creative NFT department, and our state-of-the-art FlokiPupDex project. We are in no doubt that these highly functional use cases will break us away from the traditional basicness of meme coins and bring about a new era of meme coins that brings actual utility together with hype and community.” – Floki Pup Team
Conclusion
Floki Pup isn’t just another meme token trying to use smoke and mirrors to sell their product. This is a serious token with an experienced team behind it who have long-term vision of achieving each step of the roadmap. Currently sitting at just over 4 Million market cap, this project will be one of the very few that will pass the test of time, surpass all holders’ expectations and rub shoulders with the likes of Floki Inu, Shiba Inu, and DogeCoin.
Website: https://flokipup.com
Telegram: https://t.me/FlokiPupInu
Twitter: https://twitter.com/floki_pup
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/103816
Blockchain
LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape
Blockchain
Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws
bybit lucky
Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
-
Blockchain6 days ago
Bridging Innovation and Regulation: How Yellow Network is Transforming Non-Custodial Trading in a Pro-Crypto Future
-
Blockchain7 days ago
Prosper Adds 7,000 More ASIC Miners from BITMAIN To Drive Tokenization of Hashrate as Multichain RWA ; Targets 170MW Capacity With New Strategic Round
-
Blockchain Press Releases6 days ago
HTX Ventures Identifies Five Rapidly-Growing Sectors in 2024, Expects Positive Crypto Regulations Driven by Trump Next Year
-
Blockchain4 days ago
50,000+ Mined Coins and 100,000 New Users: EMCD Summarizes 2024
-
Blockchain6 days ago
Blocks & Headlines: Today in Blockchain (Reserve Bank of India (RBI), Aethir, Blockchain Center Abu Dhabi, Qubetics, )
-
Blockchain7 days ago
Loan Brokers Market Opportunities and Strategies Report to 2033 – Loan Brokers Market Poised for Strong Growth, Forecasted to Reach $947.9 Billion by 2033
-
Blockchain5 days ago
Building Bridges in Crypto: Bybit Sparked Dialogues and Joined Industry Leaders at Bitcoin MENA
-
Blockchain3 days ago
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)