Floki Inu Warns Community About Fake Tokens on Solana and Base

Last Updated on July 1, 2024

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Key Takeaways:

  • Scam Alert: Floki Inu warns against fake tokens on Solana and Base blockchains, confirming that the legitimate FLOKI token is only on BNB Smart Chain and Ethereum.
  • New Service: Floki Inu launched the FLOKI Name Service on BNB Chain, enabling decentralized domain name registrations.
  • Expansion Plans: The 2024 roadmap includes regulated digital banking accounts and a partnership for fintech services, despite past warnings from the Hong Kong SFC about unauthorized staking programs.

Floki Inu has issued a warning to its community about fake tokens falsely claiming to be affiliated with the Floki Inu brand on the Solana and Base blockchains.

The project emphasized that the legitimate FLOKI token is only available on the BNB Smart Chain and Ethereum networks, providing the correct contract addresses for verification.

Despite these scams, Floki Inu is continuing to develop its ecosystem, recently launching the FLOKI Name Service on the BNB Chain mainnet, which allows users to register decentralized domain names with a .floki extension.

This service is compatible with several decentralized applications.

Floki Inu boasts over 417,400 holders on the BNB Chain and has introduced a rewards program for its holders.

Additionally, the memecoin unveiled its 2024 roadmap, featuring initiatives like regulated digital banking accounts funded with FLOKI tokens and a partnership with a licensed fintech firm for digital banking services across multiple countries.

Earlier in the year, the Hong Kong Securities and Futures Commission (SFC) warned about unauthorized staking programs associated with Floki Inu, highlighting the risks of such schemes.

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