This article explains how to buy Floki with INR on KoinBX Android App, an emerging global crypto exchange. Floki is one of the dog-meme cryptos like Shiba Inu and Dogecoin, inspired and promoted by Elon Musk, Founder of Tesla. Elon Musk’s tweet is the most popular among the crypto community. His single tweet could escalate the coin or bring the market down. Elon Musk named his new dog “Floki” and tweeted its picture. This took the dog-meme currency to new highs.
Floki intended at combining the power of the dog meme coin with real utility and charitability. The vision of the Floki token is to build a school on every continent of the world, starting from underdeveloped countries.
Floki is a functional-based multi-utility token used as a decentralized medium of exchange between participants in the Floki ecosystem. The goal of the Floki token is to provide a highly secure and convenient mode of payment and settlement between participants without the intervention of intermediaries such as centralized third-party entities or institutions.
Initially, Floki was launched on the Ethereum blockchain. It is also present on the Binance Smart Chain (BSC), making it a crypto project with a multi-chain protocol feature. To maintain Floki’s price, its liquidity is locked on the BSC and Ethereum platforms on contract for 265 years. A bridge is present between BSC and Ethereum networks through which users can link their tokens across their blockchain networks.
History of Floki
The idea behind the creation of FLOKI was conceived on June 25, 2021, after the tweet by Elon Musk regarding the naming of his new Shiba Inu puppy ‘Floki’.
Taking advantage of Musk’s influence on the price predictions of the dog-meme coin, a team of developers created a new token “Floki”.
Floki is the only crypto project officially partnered with the Million Gardens Movement, a non-profit initiative by Kimbal Musk brother of Elon Musk, to handle global food insecurity.
1. Valhalla — NFT gaming metaverse
2. FlokiPlaces — NFT and merchandise marketplace
3. FlokiFi — Suite of decentralized finance
4. FlokiFi Locker — Innovative digital asset locker solution
5. Floki Debit Card
6. Floki University
As Floki is hosted on both Ethereum and BSC, it could access both communities. The one-to-one swap through the ETH-BSC bridge is viable for FLOKI holders. There is no transaction tax applicable during this bridging process. Floki holders can also benefit from both networks’ staking rewards through the bridge. This creates a unique opportunity for them to diversify their portfolio and increase their rewards.
In contrast to the majority of dog-meme tokens, FLOKI offers real-time utility. It can be used to purchase items from 1500+ stores through its partnership with CryptoCart (CC). Floki holders can also pay for the physical goods on the XCUR platform to be launched shortly. Other future utilities will include multiple features like buying NFTs, gaming, and paying for services and goods.
Floki ecosystem comprises multiple NFT portals such as Diamond-Hands, Ruby, and Flokitar with a collection of Floki NFTs that can be bought by connecting your wallet and placing a bid.
Token Name: Floki
Short Name: FLOKI
Total Supply: 20 trillion
Circulating Supply: 9.35 trillion
How to buy Floki (FLOKI) ?
Follow the below steps to buy Floki,
1. Signup with KoinBX.
2. Create your trading account to buy, sell, and trade multi-cryptos.
3. Complete your KYC verification process.
4. Add your bank account to deposit funds on the KoinBX wallet.
5. Start buying Floki with INR and USDT.
FLOKI/INR -> https://koinbx.com/trade/FLOKI-INR
FLOKI/USDT -> https://koinbx.com/trade/FLOKI-USDT