What is Floki INU?

FLOKI is a Multi-chain token compatible with ERC-20 and BEP-20 standards. The official website of this token describes it as the people's token that also works as the utility token in all Floki projects. It establishes a secure way of interacting with the Floki ecosystem through its cryptographically secured nature. It is named after Elon Musk's pet dog because his tweet about naming his dog Floki inspired its creation. FLOKI claims to be different from other meme coins by compiling its meme-based origin with strong utilities. The total supply of FLOKI tokens is 10 Trillion. Each buys and sells on-chain transaction of FLOKI involves a 0.3% tax that goes to the treasury wallet for the development of Floki.

How does Floki Inu (FLOKI) work?

FLOKI token is an integral part of the community-powered Floki Ecosystem, comprising four key offerings. It includes Valhalla, an NFT Metaverse Game, a DeFi platform FlokiFi, a Floki University, and an NFT and Merchandise marketplace called Floki Places.

The participants of the Valhalla Metaverse game can earn FLOKI tokens through its Play-to-Earn dynamics. All the digital artefacts in the game are also purchasable with FLOKI tokens. So, it encourages FLOKI holders to spend and earn their FLOKI tokens.

The second project of Floki is FlockFi, a collection of various DeFi products developed by Floki developers. Its products include an advanced locker solution that provides safe storage of ERC20, BEP20 tokens, Liquidity pool tokens (LP), NFTs, and many others. This locker charges a transaction fee to the users, 25% of which goes to buy FLOKI from the market and burn them to maintain the perpetual deflation of FLOKI tokens.

Floki University is the third project creating use cases for FLOKI tokens. This crypto education platform has some content specially reserved for FLOKI holders.

The last product of Floki space is FlokiPlaces. It is an NFT marketplace where users will be able to buy and sell NFTs in FLOKI tokens.

All these platforms combined add utility to the FLOKI token and create its demand. The participants can perform various functions on these projects without going through any intermediary like a bank by opting for payment in a decentralized FLOKI token.

How to Buy Floki Inu (FLOKI) in India?

There are many platforms where you can invest and trade FLOKI in India. One such platform is Flitpay. To buy FLOKI in INR, you have to sign up for the relevant application, where you will have to enter the required details and go through a small KYC verification process.

After the KYC approval, ensure you have correctly entered your bank details. Through the linked bank account, deposit the amount of which you want to buy FLOKI and execute the FLOKI purchase.

You can instantly convert your INR to FLOKI and FLOKI to INR and withdraw your INR through bank transfers whenever you want.

Flitpay also keeps introducing timely rewards for its users.

What to Do After I Buy Floki Inu (FLOKI)?

Floki (FLOKI) can be used to buy other cryptocurrencies after converting them to INR through crypto exchange platforms like FLITPAY. You can also hold Floki (FLOKI) until they reach a high price and then sell them through the FLITPAY Quick Buy/sell order facility. Users can earn significant profits from buying it at a lower price and selling it at a higher price.

Besides that, you can also use your FLOKI tokens to buy NFTs and other digital assets on the Metaverse game of Floki.

FAQ

What is Floki (FLOKI)?
Floki (FLOKI) is a multi-utility token of the Floki ecosystem. It is compatible with both Binance smart chain and the Ethereum blockchain. All the projects under the umbrella of Floki give some significant use cases to the FLOKI token.

What is the Floki Inu (FLOKI) price in India?
Check out the LIVE INR price of Floki in India on Flitpay

Which is the best platform to buy Floki Inu (FLOKI) in India?
The best platform to buy Floki Inu (FLOKI) or your favourite cryptocurrencies is Flitpay. Flitpay supports instant UPI and bank deposits and withdrawals with a minimum deposit and withdrawal limit of INR100.

What are the benefits of buying Floki Inu (FLOKI)?
Floki (FLOKI) has multiple utilities on the Valhalla metaverse gaming platform, FlokFi DeFi platform, Floki University, and FlokiPlaces NFT marketplace. Its holders enjoy various benefits and ways to spend their FLOKI for buying virtual goods and services.

Is it safe to invest in Floki Inu (FLOKI) in India?
Yes, investing and trading in Floki Inu (FLOKI) is Safe in India. Flitpay is one of the trusted platforms to invest in FLOKI in India. It offers the most real-time prices.

Is Floki Inu (FLOKI) a Good Investment?
FLOKI performed beyond expectations in 2021. With the advent of NFTs and skyrocketing popularity of play-to-earn gaming and related digital assets, the popularity of the various Floki projects and it's native token, FLOKI, can shoot up in the upcoming months. But cryptocurrencies can be highly volatile at times; hence one needs to be careful while making any investment decision.