The Asia Blockchain Community, a brand operated under Blockcast.cc will be hosting an AMA session with FlokiBonk on 16 November 2021, 8.00 pm Singapore time (GMT +8) on its Telegram channel, https://t.me/Blockcastcommunity.
Building upon the success of our predecessors DogeBonk and Floki, FlokiBonk is a clone of both, combining the memetic potential of Floki and DOBO. FlokiBonk encapsulates the idea of what the cryptocurrency memecoin scene has become by copying a meme popularized by another token and slapping Floki head on top of it. By freely combining these assets in a whimsical manner, FlokiBonk shows that a safe space from censorship can be easily achieved in blockchain. FlokiBonk aims to become a place where different meme creators
can go to express themselves.
The main purpose of the $FLOBO token is to show one’s affiliation with the FLOBRO community of mememakers. At the same time, supply of $FLOBO is limited, making it scarce and potentially valuable as more people join the community. To benefit the FLOBRO community members, $FLOBO has builtin frictionless yield tokenomics. Every transaction is taxed 10% split evenly to provide reflections to holders and increase the price floor through LP Acquisition.
“Building upon the success of our predecessors DogeBonk and Floki, FlokiBonk is a clone of both, combining the memetic potential of Floki and DOBO. FlokiBonk encapsulates the idea of what the cryptocurrency memecoin scenehas become by copying a meme popularized by another token and slapping a Floki head on top of it. By freely combining these assets in a whimsical manner, FlokiBonk shows that a safe space from censorship can be easily achieved in blockchain. FlokiBonk aims to become a place where different meme creators can go to express themselves.” Aaron, Project Dev, Boki Flonk added.
It has the following tokenomics:
Total Supply: 1,000,000,000,000,000
Total Tax: 10%
Initial LP: 5 BNB
LP Tokens: Burned
Reflection
The reflection function takes 5% of every FLOBO token transaction and automatically redistributes it between current FLOBO holders. Token holders don’t need to stake or wait for fees to be transferred to them. All transactions are immediately directed towards the holder’s wallets.
LP Acquisition
Having healthy liquidity is important to establish a solid price floor for the token and protect the investors. Similar to the reflection feature, LP Acquisition takes 5% of every transaction, sells half of it, pairs with the other half and adds to the liquidity pool.
The Asia Blockchain Community (ABC) is a community based and run by volunteers in Asia. ABC understands the market well and is supported by a panel of blockchain and crypto experts and influencers. The community has hosted more than 50 projects in recent months.
More information on the project can be found at https://flokibonk.com/.
