Floki has recorded a significant surge this bull season, a growth attributable to a series of products released in the ecosystem.
In the first half of this year alone, Floki’s price rallied by up to 364% in addition to other milestones. Some of the products that were released this season were designed to boost the memecoin’s user experience. Here are the products in summary;
Floki Name Service
This service went live exclusively on the BNB Chain mainnet. The Floki Name Service is a decentralized domain offering that allows anyone to create a decentralized .floki domain name. The offering went live around mid-June. The domains are a representation of on-chain identities which can be used for decentralized websites, blogs, or even résumés.
Floki Trading Bot (Closed and Open Beta)
This bot was launched on Ethereum, BNB Chain, and Base mainnet. Like the Floki Name Service, the Floki Trading Bot utilizes $FLOKI as its primary utility token. The bot automatically allocated 50% of generated fees to buy and burn $FLOKI and this contributed to reinforcing its value proposition.
Additionally, the memecoin launched the Floki Trading Bot on the same three mainnet as the Closed Beta. Here, the public gained access to manage their crypto assets through a manual buy and sell bot. This is in addition to some exciting new capabilities, including limit orders, a portfolio tracker, secure wallet protection among others.
TokenFi Token Launcher
This product went live on the mainnet of six of the leading Ethereum Virtual Machine (EVM) blockchains. This include Ethereum, BNB Chain, Base, Blast, Arbitrum, and opBNB. The TokenFi Token Launcher facilitates the creation of fungible tokens, Non-fungible Tokens (NFTs), or multi-tokens with just a few clicks.
TokenFi Quicklaunch Bot
It also launched on the mainnet of the same six major blockchains, enabling users to create crypto tokens without coding. This bot leverages Telegram and Discord’s extensive user bases for accelerated adoption.
TokenFi Launchpad
This sixth product went live on the same EVM blockchains. It offers support to project owners in conducting token sales. The platform displayed promising potential when its first project sold out within 10 minutes.
The launch of these projects with some key partnerships contributed to the performance rally in the Floki ecosystem.
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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter, Linkedin
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