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Cryptocurrency News Articles
Flockerz Raises $350K in Presale and Features Staking
Oct 02, 2024 at 10:06 pm
Flockerz's presale is now raising $350K, sparking excitement among crypto investors as it emerges as a potential contender for the next big meme coin.
Meme coin hopeful Flockerz has sparked excitement among crypto investors with its presale, aiming to become the next big contender in the meme coin realm. The project is building a community-driven token that pays people for joining in governance.
The project is launching a DAO named FlockTopia, putting $FLOCK holders in control to shape every aspect of the project’s future. They will vote on-chain using the Ethereum network, which is known for its decentralization and security in smart contracts.
FlockTopia will determine all significant changes and upgrades to the project, including managing the treasury, which represents an impressive 25% of the total supply.
It’s time to make your voice heard 🗳️🐦 pic.twitter.com/FsM5ekPq5g
— Flockerz (@FlockerzToken) October 1, 2024
Moreover, community members will earn tokens for participating in votes. This concept, known as Vote-to-Earn, evolves from the popular “Play-to-Earn” and “Move-to-Earn” models seen in the previous market cycle.
The Vote-to-Earn model fosters active engagement and aligns user interests with the project’s success. Through these initiatives, Flockerz distinguishes itself from other meme coins by embracing decentralized governance.
In contrast to most meme coins, which are typically controlled by centralized entities that dictate the project’s direction, the FlockTopia DAO grants complete autonomy to Flockerz.
Flockerz tokenomics and comprehensive security audits by top firmsThe Flockerz tokenomics system aims to support sustainable long-term development and growth. Early investors will receive 20% of the total token supply, while 25% will go toward staking rewards.
Staking enables token holders to secure their tokens and earn rewards over time, fostering commitment to the project. This mechanism encourages long-term participation and stabilizes the token’s price by reducing the circulating supply.
The project’s ongoing development relies on an additional 25% of the token supply held in the DAO Vault. The community will determine how to allocate these resources, further emphasizing the decentralized nature of Flockerz.
To maintain liquidity on both centralized and decentralized exchanges, 10% of the token supply is set aside for trading. This approach seeks to ensure smooth trading experiences when $FLOCK becomes available to the public.
Credibility often lacks in the meme coin market, and new projects typically face scrutiny. In response, Flockerz has undergone thorough security audits by reputable firms like Coinsult and SolidProof. These audits have vetted the project for vulnerabilities and security risks, providing reassurance to investors.
The audit results are accessible on the website for public viewing. Maintaining a high level of transparency is essential for building trust in a niche often plagued by security breaches and scams.
As outlined in its roadmap, the completion of these security audits marks a significant milestone for Flockerz. It signals the project’s dedication to building a secure and trustworthy foundation for long-term growth.
The project is gaining traction on social media, with more than 1,800 followers on its X account and 2,100 on Telegram. Stay updated by following them.
Flockerz roadmap:
Step 1
Step 2
Step 3
Flockerz raises $350K in presale and features stakingThe Flockerz presale price is rising rapidly, having raised $350K and operating under a multi-tiered system that gradually increases with each presale round. As the project is still in its early stages, this presents an excellent opportunity for those seeking the best value.
Currently, the presale price stands at $0.0056785, but it will increase in more than one day. Investors can join the presale by visiting the website, connecting their wallets, selecting their preferred cryptocurrency for payment, and deciding how many $FLOCK tokens to purchase.
The presale accepts ETH, BNB, USDT, and bank card payments. Besides Vote-to-Earn, users can also earn rewards by staking their tokens during the presale. Staking is live and currently offers an impressive APY of 6,798%.
These rewards won’t remain at this level for long, as they will decrease as more tokens enter the staking pool. This scenario benefits early investors, allowing them to maximize their holdings and secure a larger share of the voting pool once it goes live.
So far, 26 million tokens have been staked, with rewards amounting to 684.93 $FLOCK per ETH block. By incentivizing DAO participation, Flockerz has established a unique position in the market that sets it apart from other meme coins.
With $FLOCK, every community member can contribute their voice and influence the project’s future. Investors have the chance to engage with the Vote-to-Earn concept
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