Floki Pet World Announces IDO Launch, Could it Become the Next SHIBA?

Source : beincrypto.com

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Floki Pet World, a meme coin inspired by Floki and NFT announced the launch of its IDO on November 12, on IDOScan platform.

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The Meme NFT project brings the most adorable Floki pets on the blockchain. Users can trade, collect and diversify their portfolio with a tokenized Meme Economy. $Fpet is the native DeFi coin that has the potential to make it big and become the next Shiba Inu. FlokipetWorld is not just another meme currency just made for fun, it has been built on the principles of Defi and incorporates NFTs to make the best of both worlds.

Meme currencies have also gone mainstream this bull season among various other types of cryptocurrency assets. Meme currencies proved that community-driven projects have a long way to go. First Dogecoin rose over 5000% and then Shiba Inu overtook it in October with a yearly rise of over a million percent.

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Meme currencies evolved from being just a joke coin to become a formidable investment option, where many new investors who held onto their meme currencies became cryptocurrency millionaires. Thus, it is clear that meme currencies also have a market and Floki Pet World aims to take the meme currency ecosystem to the next level.

Today Non-Fungible Tokens aka NFTs have become a rage where people are spending millions on JPEGs, but as weird as it might sound, it is the new norm and would be a big part of digital collectibles in the coming years. NFTs were first created back in 2016 as a form of tokenizing securities and using them as a fan token for premier sports clubs.

However, in 2017 NFTs burst into the mainstream with Bepple’s digital painting fetching $69 million, and more importantly, it gave worldwide exposure to the NFT market. Since then old NFT collections of rock images have fetched millions. Now Floki Pet World is taking this concept to the meme currency world and aims to become the first platform to bring NFTs to the meme currency ecosystem.

Why is Floki Pet World the future of meme currencies?

Floki Pet World combines the best of both worlds i.e it will be a great meme currency, but with a goal to merge the NFT hype. In fact, looking at the concept of meme currencies and NFTs, it seems both are a perfect fit for each other, and Floki Pet World is here to revamp that and make it possible.

It would offer a range of rare Floki NFT collections that traders can buy and resell to make profits while the native currency can also be used as a form of passive income with loads of opportunities. Some of the key features of the platform include,

  • Staking: each NFT has its unique rarity and rewards. Members are encouraged to buy more, qualifying them to collect rarer and rarer NFT’s over time and ultimately even higher staking rewards.
  • NFT marketplace: each NFT acquired can be traded on the marketplace to willing buyers. Users can sell their pets individually or in a stack on the Floki Worldpet marketplace and prices are determined by seller FPET tokens and all transactions on the blockchain.
  • Auto-reward reflections: profit from all buys and sells made with the auto reflection, watch a users portfolio increase without your efforts.
  • Community governed: a community voting platform where Fpet holders can vote on upcoming developments and for the future direction.

While most of the meme currencies today only offer income opportunities during a bull market which many miss due to hundreds of tokens being out there. Floki Pet would offer staking services where users can stake unique NFTs to earn the native token and then use the native token to buy, sell, or trade.

Floki Pet World to launch P2E game soon

Play to Earn or P2E games have become the latest rage in the NFT market as it combines the best of the gaming industry and cryptocurrency market. Users can play the games and earn in-game token rewards as well as rare NFTs which can be utilized to make extra income.

Floki with a plan to conquer the NFT and meme market would also launch a 2D powered blockchain play to earn game where users Floki Pets will earn them Fpet rewards. It’s already in development and will be released in Q1 2022.

The game brings new users to the platform and also helps it expand the user base. Once the game is launched the Floki pet world ecosystem would become more lucrative for traders. The platform aims to build a community-focused ecosystem so that one can get as many facilities as possible from one place.

To learn more about Floki Pet world visit the website.

Social links:  Twitter, Telegram community, Info channel.

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