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During our most recent monthly community AMA, a community member raised a concern about the potential global events that might negatively impact any positive developments in #crypto. Specifically, they asked: "Is #Floki financially strong enough to get through another bear market if the worst scenario happens?" Our Core Advisor, B (@100bviking), provided the following response: "I think we will be fine! From a macro and overall crypto perspective, things are MUCH BETTER now than they’ve been in a long time! That said, let’s not forget that Floki is one of the very few projects in our category that survived the brutal 2022/2023 bear market. $FLOKI went from a 2021 peak market cap of $3.5 billion to a bear market low of $45 million. Countless projects that were much bigger, much stronger, and better funded had to quit or fire the majority of their employees. However, not only did Floki survive that period (thank God!), but we are one of the few projects that came out much stronger: we released several new products, introduced our brand to over a billion more people through strategic marketing moves, got listed on some of the world’s biggest exchanges (including #Bybit, #Kucoin, #OKX, and #Binance), built four schools, and have a much stronger community! This was during a bear market that many did not see coming, and one we learned a lot of painful lessons from, and I can gladly say we are in a MUCH BETTER position now than we were at the time… by orders of magnitude! We have a very strong treasury and I believe we will be fine in case of another bear market. We’re not resting on our laurels, however. We’re also actively setting aside funds for OPEX and development so we do not get caught unawares and/or negatively impacted in the case of another sudden bear market or economic crisis." Link to full AMA:
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NOT YOUR KEYS, NOT YOUR TOKENS! If your $FLOKI / $TOKEN is anywhere other than in your own wallet, you need to realize that they do not truly belong to you. It’s why they say, 'not your keys, not your tokens.' It’s better to be safe than sorry! ⚠️ Read more 👇 Do make sure you are very familiar with what you’re doing before withdrawing your tokens: understand how crypto wallets work and security best practices involved with using your own wallet. For example: - Don’t share your private key/seed phrase with anyone or they can take over your wallet and your tokens. 🤫 - Make sure you properly store your private key/seed phrase because if you lose it you won’t be able to regain access to your wallet or tokens again if anything happens to your device. 📦 - Be very careful when connecting your wallet to any website/app online; a lot of scammers are out there trying to steal from unsuspecting people. You can lose all your tokens if you connect to the wrong website/app. Make sure to double check the URL of key websites you interact with to make sure it is not a phishing/fake website impersonating the real one. 🌐 - Don’t interact with strange tokens you see in your wallet; this means don’t send or approve them for swap. Doing so can compromise your wallet and result in you losing your tokens. 🙅♂️ - Double check your wallet address before sending tokens to it from a CEX; be triple sure you are actually sending tokens to YOUR wallet. If you send to the wrong address you most likely won’t be able to recover it, ever. 🔢 #Floki is fortunate to be partnered several amazing CEXs and this isn’t a statement about anyone of them. Instead, it is essential advice we have for you because we genuinely care about our Vikings. 🛡 Stay safe out there, Vikings!
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Say hello to B, the Shopkeeper of B’s Shop in #Valhalla! 🔥 This character highlights the attention to cultural detail and design in our P2E metaverse game, scheduled for mainnet launch later this year. Ready your coin pouches, Vikings, it’s shopping time!
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Floki / TokenFi Midweek Mixer Whether you're curious about #Valhalla, recent #Floki / #TokenFi developments, or simply want to engage with us, this is the place to be! 📌 Wednesday, July 10, at 5pm UTC 👇 https://x.com/i/spaces/1nAJEpOXPObGL
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#Floki joined an exclusive discussion with BNB Chain on July 5th, 2024. We discussed the dynamic landscape of meme coins and their growing influence. Key topics: Floki's choice of $BNB Chain, #memecoin success factors, and future plans for $FLOKI. 👇 https://blog.floki.com/floki-x-bnb-chain-community-ama-recap-july-5th-2024-ec867721136e
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