Thread by @100bviking

The Metaverse Case for #FLOKI -- and Why it is Significantly Undervalued (a thread!)

The #Metaverse industry is projected to be a $1 trillion industry according to crypto giant Grayscale.

This thread looks at the Metaverse trend and what it means for #FLOKI as a cryptocurrency.

I’ll start with the disclaimers:

1. This is not financial/investment advice.
2. I'm a core team member at $FLOKI and actively involved with the project.

Let’s start by looking at the Metaverse trend…

Facts and data:

- The #Metaverse industry is a $1 trillion annual revenue opportunity according to Grayscale!

- Metaverse games will benefit mostly from this growth - with a projected annual revenue of $400 billion by 2025.

- #FLOKI is building a Metaverse game named VALHALLA.

Metaverse cryptocurrencies are on the rise -- but the industry is still nascent!

According to CoinMarketCap, #Metaverse cryptocurrencies currently have a combined market cap of over $35 billion -- with $MANA and $AXS leading the pack.

#MANA and #AXS both sit at a market cap of around $6 billion each at the time of writing.

#FLOKI sits at a market cap of $1.3 billion .

There’s still a lot of room for the industry to grow, and I believe #FLOKI is poised to be a major player!

This thread explains why #FLOKI will be a major player by analyzing #Valhalla fundamentals, tokenomics, and what adoption for #FLOKI's #Metaverse game could look like.

Let’s start by looking at how FLOKI fits into the #Metaverse trend:

#FLOKI's #NFT #Metaverse game #Valhalla is going to be quite unique due to the robust #PlayToEarn mechanics it’ll feature:

1. A gardening system.
2. In-game characters known as Vera.
3. A robust battle system.
4. An in-game ship system.
5. An items system.

Let's take a quick look at these #P2E mechanics:

- The gardening system lets players grow crops that they can sell in various marketplaces.

- Players can battle and capture in-game characters known as Vera, which they can then sell/auction if they so choose.

- The battle system lets players collect #FLOKI tokens when they win battles.

- The in-game ship system allows players to trade and customize ships.

- The item system allows players to craft and sell items to other players.

That’s a lot of opportunities to earn in the game!

Players will be able to communicate, monitor each other’s progress, and encounter one another in the #Valhalla #Metaverse.

This blend of #Play2Earn gaming mechanics with a #Metaverse should position #FLOKI to be a top player in the projected $400b+ #Metaverse gaming industry.

It gets more interesting when you look at the #Valhalla tokenomics:

#Valhalla is designed to take a huge chunk of $FLOKI tokens out of circulation and into the Valhalla ecosystem as adoption increases -- since #FLOKI is going to be the main currency of the Valhalla world.

The only way to buy in-game items in #Valhalla will be with in-game tokens (which will be $FLOKI or can only be bought with #FLOKI).

Valhalla will also incentivize people to spend #FLOKI to advance through the game more easily -- enhances utility and demand for the FLOKI token.

In other words, more adoption for #Valhalla = more actual usage of $FLOKI tokens.

Since increased adoption for #Valhalla means more utility and demand for the #FLOKI token, what would adoption look like?

Quite interesting...

#Valhalla Adoption + Growth: How Big Can #FLOKI’s #NFT #Metaverse Game Be?

From a marketing/adoption perspective, there is no doubt that #FLOKI is the hottest thing since sliced bread.

$FLOKI is barely five months old and is one of the most mainstream cryptocurrencies due to its aggressive marketing and massive real world partnerships.

#FLOKI also has over 370,000 holders and trends on Twitter pretty much daily -- clear signs of massive interest.

#FLOKI is a social cryptocurrency and the #Valhalla #Metaverse is going to make it more social.

What do you think will happen when a combo of the #FLOKI marketing machinery + the overwhelming social strength of the #FlokiVikings come together to create awareness about #Valhalla?

Looking at #FLOKI’s fundamentals and massive base, I won’t be surprised if it quickly becomes one of the top metaverse cryptocurrencies when Valhalla finally launches.

In conclusion, this is not financial advice and I've clearly disclosed my role with #FLOKI.

However, from a fundamental analysis perspective the #Valhalla #NFT #Metaverse game makes $FLOKI a very promising cryptocurrency.