The information about the Floki (FLOKI) token is sourced from various websites and posts on X. Floki (FLOKI) is an ERC-20 token launched on the Ethereum blockchain, with additional support as a BEP-20 token on the Binance Smart Chain (BSC), making it a multichain cryptocurrency. Inspired by Elon Musk’s tweet in June 2021 about naming his Shiba Inu puppy "Floki," the token was initially created by an anonymous developer who later abandoned it, prompting the community to take over and relaunch it. The relaunched Floki, driven by a dedicated community known as the "Floki Vikings," aims to transcend its meme coin origins by combining entertainment with practical utility. The token’s Ethereum contract address is 0xcf0c122c6b73ff809c693db761e7baebe62b6a2e, and it has a total supply of 10 trillion tokens, with a significant portion reportedly burned to manage supply.

FLOKI serves as the backbone of the Floki Ecosystem, which emphasizes community governance through a Decentralized Autonomous Organization (DAO) and offers a variety of utility-driven projects. Key initiatives include Valhalla, an NFT-based play-to-earn metaverse game featuring on-chain interactions and upgradeable NFTs, inspired by games like Pokémon and Axie Infinity. Another component, FlokiFi, encompasses decentralized finance (DeFi) products, notably the FlokiFi Locker, an audited protocol for securing digital assets like liquidity pool tokens and NFTs. The ecosystem also features the University of Floki, an educational platform requiring FLOKI for premium functions, and FlokiPlaces, an NFT and merchandise marketplace. A 3% tax on buy and sell transactions (but not chain-to-chain transfers) funds the treasury for ecosystem development, with plans to reduce this tax once sufficient funds are amassed. The project, led by developer Jackie Xu and pseudonymous core team members like B and Sabre, has secured partnerships, such as with Kimbal Musk’s Million Gardens Movement, and its smart contracts have been audited by CertiK, highlighting a focus on security and credibility.