Space Summary
The Twitter Space #Floki / #TokenFi Midweek Mixer hosted by RealFlokiInu. The #Floki / #TokenFi Midweek Mixer delved into the core pillars of community, utility, and charity in the context of $FLOKI cryptocurrency, aiming to solidify its position in the DeFi landscape. Emphasizing community engagement, transparency, and innovative utility features, the discussions highlighted the significance of charity initiatives for brand reputation and long-term sustainability. $FLOKI's pursuit of global recognition was underscored, along with strategies to differentiate itself in the competitive cryptocurrency market.
For more spaces, visit the DeFi page.
Questions
Q: How does community engagement influence the success of a cryptocurrency like $FLOKI?
A: Engaging the community fosters trust, loyalty, and can drive awareness and adoption.
Q: What benefits can charity initiatives bring to a cryptocurrency project?
A: Charity efforts can enhance the project's reputation, utility, and attract a socially conscious user base.
Q: Why is transparency crucial for cryptocurrency projects like $FLOKI?
A: Transparency builds credibility, trust, and strengthens the community's faith in the project.
Q: How can $FLOKI differentiate itself in the competitive cryptocurrency market?
A: $FLOKI can stand out by prioritizing community-building, utility expansion, and meaningful charity contributions.
Q: What strategies can $FLOKI implement to achieve global recognition and adoption?
A: International partnerships, targeted marketing, and innovative utility features can help $FLOKI gain prominence worldwide.
Highlights
Time: 00:15:42
Community-Centric Approach of $FLOKI Discussing how $FLOKI is centered around community involvement and engagement.
Time: 00:25:18
Impact of Charity Programs on $FLOKI Exploring how charity initiatives positively influence the perception of $FLOKI.
Time: 00:35:55
Utility Expansion Strategies for $FLOKI Analyzing the plans to enhance the practical applications of $FLOKI beyond transactions.
Time: 00:45:29
Transparency and Trust in $FLOKI Highlighting the significance of transparency in building trust and credibility for $FLOKI.
Time: 00:55:17
Global Recognition Goals of $FLOKI Outlining the aspirations of $FLOKI to become a widely recognized and utilized cryptocurrency.
Key Takeaways
- The importance of community involvement in cryptocurrency projects like $FLOKI.
- Charity initiatives can enhance the reputation and utility of cryptocurrencies.
- Fostering utility beyond traditional transactional purposes is key for cryptocurrencies.
- The role of transparency in gaining trust and support from the community.
- The potential impact of charity projects on long-term sustainability and growth of $FLOKI.
- Building a strong community is fundamental for the success and widespread adoption of cryptocurrencies.
Behind the Mic
Introduction and Community Engagement
Hello Vikings. Hope you're all having a wonderful Wednesday. It's been a very exciting week. We'll get going with today's midweek mixer in just about a minute. Now, while we wait for our community to join, I'll take this time just to quickly state that we share tons of literature that can really beneficial, especially if you want to know more about our ecosystem or developments, as well as just general industry details. Whether you want to know more about tokenization or if you want to know about the features coming to the token five platform via the EA smart contract auditor, we have some wonderful literature that was shared and it was actually retweeted on our socials as well on Floki. You can catch that on Tokenfi as well. And it's just really exciting because what we're building with Tokenfi, it's really gonna set the standard. And that AI smart contract auditor is a step certainly in the right direction.
Recent Developments and Community Feedback
Now, we'll be starting. Actually, you can get going on this right now. Well, happy Wednesday, everybody. It's been an exciting last couple of days. If you could zoom out to the last two or three months, it's been jam packed with announcement after announcement, advancement to ecosystem enhancement. It's just been very busy. We've grown to expect this out of the project, but we're nowhere near being done. So before we move on to some of these agenda items, I wanted to say thank you to everybody that participated in the staking program survey for Floki and token five. If you notice, if you try to use the link, it looks like there's been tons and tons of engagement and users using that already. So for those that may have participated, thank you for that. That data is absolutely helpful. If there is any information that is shared my way, that it would be open for additional surveys, we'll make sure to make that announcement on this platform, as well as potentially share a post.
Valhalla and Esports Partnership
Now let's start getting into some of these very exciting news items. If you've been following us on socials and you would understand what Valhalla is trying to do in the blockchain space. And while blockchain gaming is becoming more popular, esports gaming is actually skyrocketing in terms of exposure and popularity. So a natural synergy and intersection between Valhalla and a major esports team would be a very natural inclination of the direction to go in. So I was very happy to make this announcement previously. You can catch up on all these details in the previous spaces recording that we shared, but I wanted to be able to share some of those details today in this midweek mixer. So forgive me if a lot of this information is duplicitous. I think it's important just to at least share the fact that Flokis Valhalla teamed up with OGE Sports as an official jersey sleeve sponsor.
OGE Sports Partnership Significance
Now, if you're not familiar with OG, and if you were to be able to take a glance to that social media post that we shared, you will see very quickly on their logo that OG is sponsored by Red Bull. So understand that Red Bull doesn't partner up just with any organization or team, especially if they're going to be branded on there with their logo. And this is actually part of their logo. So just to give you an idea of how big OG is now, Valhalla slated for live launch on Mainnet in November. We don't have a date yet, but we know it's coming. So signing this deal with OG Esports, which is a leader in competitive gaming, by the way, they have a very rich legacy and the history really does parallel what we have here in Floki. A desire to not stop fighting, to rise up the ranks and to be seen as the leader in the space, but never compromising the values and never forgetting where you came from.
Future Impacts of the Partnership
So with this partnership, we will see Valhalla as an official sleeve sponsor. And Sabre actually shared a wonderful post where you could actually see a rendering of the jersey and you'll see the Valhalla logo prominently displayed there. This is really exciting. If you've watched any esports before, then you know how truly critical this is because when you're playing in professional sports, the cameras and the streaming services are pointing their cameras. You see the sleeves, right? It's a prominent display and this is a really big step, not just for Valhalla, but blockchain gaming in general. This transition from web two to web three is very powerful, but it's not the only thing that we will have with this partnership and this will bear fruit for the entire year.
Valhalla's New Exposure and Competitive Edge
Now, Valhalla will be showcased at OG esports events and there will be exclusive content that will be shared with us. Now, mind you, this will be coverage not only in these tournaments, but across digital platforms, Twitter, Facebook, Twitch, YouTube. This is very exciting because it's going to bring all these fans that follow this team. I have multiple teams, multiple individuals within the OG brand that will be sharing details and information on Valhalla, and you will see them playing Valhalla. So just think about that. Talking about some of the best professional gamers in the world are not only going to have their eyes on Valhalla, we're actually going to see them playing it and going through it so quick. Psa. For those that want to be competitive in Valhalla, get to it, because there will be professional esports players that are going to get into the fold.
The Rise of Competition in Valhalla
When we talk ABout comPetition, this is going to be very exciting BECAUSe we have some great ClAns as is. We've got some great players right now and this is only going to up the ante. So, so get to it.
Merging Esports and Blockchain
Now, by this partnership, we'll be merging the worlds of esports and blockchain. And this is going to offer fans on both sides enhanced gaming experience and will absolutely push the boundaries of digital gaming. And the fact that Floki and Valhalla are leading this charge is so powerful. For those of you may not be aware, Valhalla is the MMORPG, our flagship game that we've been waiting for. An open world exploration and strategic turn based combat game. This is very exciting.
Details on Ogden and Valhalla's Marketing Campaign
Now, I want to share a little bit more details on Ogden. I thought it would be a great time to interject and state that based on these news, if you've been on x within the last 24 hours, this news of Valhalla's marketing campaign with og esports is not the hottest topic on grok. We shared a social media post on this. So just to give you an idea of how big this is, right? And we just started where we've been starting with the Valhalla focused, like marketing just recently that we've been seeing, and it's starting to ramp up and continue with major players. And we heard this from sabre, we heard this from Mister Brown as well.
The Impact of OG in Esports
There will be historic moves made in the space. And, and just to drive this home a little bit more, let's. Let's break this down. OG has over 500 million fans all over the world. They have two world titles and over ten other championship titles. In 2023 alone, they had over 50 million hour watched. 50 million hour, that's massive. With close to $40 million in prize winnings and over 7 billion impressions generated. And when we're looking at just their sheer volume of fans all over the world and how passionate they are, this is very exciting times in the blockchain space. And as it pertains to Valhalla and receiving a warm welcome upon its mainland release, this is definitely the direction that we're all very happy that we're going in.
Values Behind OG and Their Social Media Presence
Now, if you look at the values behind OG, mind you, it's transparency promoting positivity, family and selflessness that certainly rings very true when everything that we hold dear here at Floki now, in terms of the games that OG is known for is Dota two, cross strike, no counter strike two, and Rocket League. These are massive games, and we're looking at the social following. Their numbers are very, very exciting to see. With over 1.8 million followers on Facebook, 1.3 million followers on Twitter, close to 400,000 on Instagram Live. Oh, TikTok, Discord, YouTube. Their fans are extremely passionate, and we will see all this traffic also reflected in Twitch and via the different streams that we will be participating in, and that we will see OG players and influencers showcasing our game, getting into it, getting lost in our widely immersive metaverse, as well as competing in the battle arena.
Details on Upcoming Events and Leadership
And we're gonna see them do this in different stages right before this major patch that's coming, post that patch, and then once it goes live on Mainnet, and this partnership being one year, it's actually multi year, but throughout this next year, we're going to see so much activity. And I suggest you take a look at their website and understand a little bit of their history, because, mind you, it was founded by Johan Sunstein, and he's also known as no tail, which is a major figure in the esports arena. Okay? Highly awarded, many tournaments won. Incredible gamer, very well respected in the space, and there's just so many different accolades to add. So wanted to bring this to you guys, because this is massive.
Viewer Engagement and Audience Reach
When we're looking at the average viewers in the pro league, it's close to 140,000 on the ESL Extreme Masters by intel. Over 235,000 viewers. Premier, over 162,000 viewers. And the audience is spread all over the world, 40% and China region, continuing through APAC, another 7%, 2% throughout Africa and the Middle East, 26% throughout Europe, 40% North America, and 11% in Latin America. Now, as these numbers change, we will certainly bring them to you. But just to give you an idea on how widespread this team truly is and how prominently displayed Valhalla will be, not only our brand, but images of the game.
The Growth of Esports Market
Very, very exciting. And when you're looking at esports in general, in 2023, the market was valued at $1.72 billion, and it continues to grow. Estimations by 2032 is that it reaches $9.29 billion. This is a massive growth from where we are right now. If any of you have played Dota two and you understand how much of a die hard community follows these esports players and how fun the game truly is. And these tournaments that they have for Dota are massive. One of them is called the international. Just to give you an idea, one of the prize pools was $40 million just to, you know, that is. That is wild. So hopefully that gives you some perspective and scale on how big this truly is as a sport.
Prominent Games and Their Impact
Counter strike two, very popular, free to play tactical first person shooter game, and then Rocket League. I mean, they're massive. Now, mind you, we will be prominently displayed in Counter strike two and as well as Dota two on the Rocket League. Even though it is a game that is played under OG due to the fact that so many children play Rocket league, then, you know, we won't be displayed on the jersey for those games.
Gaming Industry Insights
But nonetheless, we have a lot in store and many, many surprises. And if you're wondering where the gaming industry is in terms of other very popular industries, here's one quick anecdote. In 2022, the gaming industry globally was estimated at 184 billion, but the music industry generated 26 billion and the movie industry another 26 billion. So 2024 projections show the revenue reaching 282 billion, which dwarfs the music industry and the movie industry combined. So we're absolutely in the right place now.
Floki Trading Competition and Benefits
Moving on, I'm happy to announce that the round one of the Floki trading box with the Simon's cat trading competition has concluded successfully. So, being that it's the first round, the competition lasted for one week. So it marked the very beginning of this three month campaign, which I've mentioned before, 1.5% of the total cat supply has been specifically allocated as rewards to users who trade cat exclusively through the floki trading bottle. So, to share some details, there was 569 unique wallets that participated in this first round. And every user that traded cat with the Floki trading bot was reimbursed 100% of their cat trading fees, plus a 5% bonus. Again, every single user of the Floki trading bottle up until September 2 was airdrop $5 worth of cat on the BNB chain as an incentive to use the Floki training pot and then, of course, hopefully join the trading competition.
Community Engagement and Updates
So just think about everything that this team does to make sure that there's the most heightened sense of utility and everything that we do, as well as being a floki holder and a token file holder. And even in extensions of our ecosystem, now that we see with the Floki trading bot, there's all these added benefits that continue to stack up. So for all you that participated, you obviously saw that there was an immediate benefit and hopefully this prompts other individuals to be able to catch up on these other rounds and take advantage of this offering. How many projects do that? But then again, we're not like many other projects. And if you want to know learn more. Please check our social media as we are always sharing all these details so that you're fully informed on every campaign and contest that we do, as well as, you know, in depth reviews on all the ecosystem products and all the updates that go along with it.
Communication and Transparency
Please check out that post from Sabre so you could see how cool our Valhalla logo looks on OG's jersey. Mind you, it shows Valhalla Game and it just looks really cool. Now, for those of you that missed the AMA with b, this is such a wonderful activity because it's once a month, yet the community gets to ask questions. And those are the questions that are selected do get a reward, but they're usually questions that the whole community wants to know a little bit more about. And you're going to get a response directly from a core team member. So this is very, it's very good that teams do this. Mind you, a lot of projects don't do this. But again, we're not like every other project. Transparency is key and we want to keep open lines of communication.
AMA Insights and Team Commitment
That Being said, if you want to catch up and you check out on our social media, specifically on x, you'll notice that there's a link that will take you to a medium article that goes through the entire transcript, and there's a lot of information on there. Now, some of these questions, they're great, and I think there's some that I'd like to be able to share. For example, one of the questions, you know, it stated that the Floki ecosystem, you know, will become more popular, you know, after obviously the success of the assignments camp. Does the team intend to establish more arrangements like this, you know, rewarding Floki and token holders with other airdrops, for example, and then be quite simply said, yes, open to more arrangements like this, but only in a way that benefits Floki and token file holders.
Token Benefits and Transitions
So again, ringing true to the fact that if we could add more benefits for our community, this team will absolutely entertain that and do their due diligence accordingly. And I think that we're starting to see something here in terms of the transition from web two to web three. So I have no doubt that this core team will absolutely be on the lookout and I and facilitate these types of transitions now, one of the other questions that I thought was very telling and is backed up by data is the Simon's cat launch was a huge success. Can you tell us some additional details on how this launch benefited the token five platform? Great question.
Impact of Simon's Cat Launch
Now, the devs were able to run a report to look at this data. Now, when we're looking at this impact through token five, there was 5786 new and unique wallets that staked a total of 421,858,000 or so token between August 8 and the 22nd. And this was in order to participate for the Simons launch. So that was an increase of over 50% in new stakers in two weeks alone. So mind you, this is very impressive. Mind you, the staking program has only been live for approximately about ten months since that announcement. So we got 50% more stakers than we had in ten months, in just two weeks due to the launch.
Financial Figures from Simon's Cat
So that's one immediate benefit. Now let's go to what everybody's excited about is how much was burnt. It was roughly around 24,314,000 token was burnt since we announced the Simon's cat launch now, and that was worth roughly around 1.2 million at the current token prices. And. But during the date of the pre sale was about 1.6 million, and there was a $4.25 million raise exclusively through token five. As you're aware, it sold out quite fast and there was $85,000 generated in fees due to that generation of fees.
Benefits from the Launch
50% of that immediately triggered a token buy and burn. So, as you can see, there's tons of benefits that we've been able to directly see, but it goes beyond that because $15 million worth of the Simons Cat LP was locked exclusively through the Flokify locker. And 15% of the cat supply, which is currently worth over 30 million, was vested through the flokify locker. Again, tons of cross pollination via our ecosystem. Now, with all the locks just mentioned, it generated a fee of 75,000 for Floki, which part of that was utilized to burn Floki tokens automatically, and the rest went to the treasury.
Exciting Developments and Updates
So this has just been very exciting times as we're starting to see all these different ecosystem products continue to get updates, some new features that continue to roll out, and we have a lot more coming, mind you. Valhalla is right around the corner that launches on Mainnet. It's going to do a lot of things for our community. Now, if you want additional details, mind you, for B's AMA, it's always so informative I would suggest you check out the transcript because it goes into detail on so many questions that are really important, especially if you want to know more about the trading bot, its scalability. There's so much that's being worked on. We're constantly improving, constantly evolving, and there will be more token five product releases and updates planned for this year. This was another point of contention that was brought up. Of course the community wants to know about our development, what comes next. A lot of these questions will be answered in due time.
Answers and Staking Program Details
Of course, there were questions in regards to exchange listings. Unfortunately, we're not at liberty to disclose those details as of now. But again, some of these questions are great. One last question I wanted to share as it relates to our staking, and we've been, we've gotten this on several occasions, is how long will the four-year staking still be possible? And if it is to, you know, discontinue, what happens with the assets currently staked in the four-year plan? So source directly from the transcript or if you heard it live, then you know, you're aware of the statement is the four-year staking program will terminate exactly four years after it was deployed. So essentially on October 27, 2027. So when it ends, the assets staked under the four-year plan will have to wait until their individual stake expired. The APY would likely stop exactly after four years of the launch of the program, but there are other benefits that users that stake for longer get specifically for, like the supercharger APY.
Community Support and Assurance
And this was of course, due to the demand that some people ask for that option to not be removed because there's tons of benefits that you could obviously take advantage of with the supercharger. Now, we will review all these options and, you know, provide any updates as they become available. But all in all, it's been an extremely busy last couple of days, and there's still more that's coming. So I think we have one question. Xavier. An issue adding. Xavier now, mind you, for those that may have sent emails into our quality assurance inbox, just please know that they are being reviewed. We have received a high level of traffic into our inbox, but they are being reviewed and assessed, cataloged, and taken care of.
Engagement and Community Interaction
So if you haven't heard back, we will get back to you. Trust me, we're working around the clock to make sure that every single email that's sent, every issue that's reported, is taken into account, is reviewed and ultimately mitigated and taken care of. Now, not seeing any questions here. I will check RTG oh yeah, certainly we have the best community in crypto and absolutely the best mods of that. There is no question, no doubt whatsoever. Again, we'll be trying different times for the midweek mixer as well as for the Saturday weekly VC's. Especially that we have all these incredible activities. We just marked an incredible step forward in the us market with this partnership with the University of Miami Athletics. The season started for them.
Excitement and Future Plans
They're currently ranked number one in the accident. Very exciting. And actually have their first home opener this Saturday. So stay tuned because there might be some footage that shared. For all of you that are gonna watch the game, please share the images because there's going to be some really cool stuff that happens during that game and you're gonna be able to see Valhalla displayed in a very cool way. Can't wait to see who's able to get those images first. So I'm not seeing any questions here in TG as well as on spaces. So I think what we'll do is we'll go ahead and shut this down, but if you guys want to have a vc on TG later on, send me a message. We might be able to do that, but as of right now, thank you everybody who tuned in, trust me when I tell you that there's tons of stuff that's coming.
Continued Engagement with Community
We just want to keep you updated. Even though this has only been a couple days since our weekly VC and just literally about 24 to 36 hours since our last announcement, we never stopped moving here. We always stop to make time to make sure that we have this platform to engage in two-way communications with our community. So I truly wish you a wonderful day. We will continue with our developments, we will continue with our updates. So wherever you are around the world, please enjoy it. And anything else that you guys may want to talk about, or if you think we could improve our programming, feel free to send me a DM. Love to hear from you. Have a wonderful day.
Concluding the Session
This now officially concludes our program.
