Thread by @100bviking

The #FLOKI Ecosystem: The Bullish Case (a thread)

This thread looks at exactly what the #FLOKI ecosystem is and what it means for the future of $FLOKI token.

To understand just how important the #FLOKI ecosystem is, we need to first look at the projects FLOKI tend to be most commonly compared to:

- $DOGE: $21 billion market cap
- $SHIB: $16 billion market cap

The above 2 projects complete the "memecoin trilogy" with $FLOKI.

So exactly how does $FLOKI compare to $DOGE and $SHIB in view of the ecosystem being built -- especially considering that both are valued at least 20x more?

Let's start with #DOGE:

- $DOGE's only utility is as a currency and that's it -- which isn't necessarily a bad thing.

How about #SHIB?

- The $SHIB ecosystem is more mature compared to $DOGE.

The main offering of the #SHIB ecosystem is a DEX with DeFi and it's #Shibarium L2 solution.

How about the $FLOKI ecosystem?

The #FLOKI ecosystem on the other hand is far superior compared to $DOGE and $SHIB.

The FLOKI ecosystem offers A LOT more -- in a way that gives $FLOKI an opportunity to be innovative in its own way while positioning FLOKI to attract millions of people into this ecosystem.

Quick overview of the #FLOKI ecosystem:

1. Valhalla: #NFT #Metaverse game.
2. Floki University: #Crypto education platform.
3. FlokiPlaces: NFT and merchandise marketplace.
4. Mystery utility project.
5. #DeFi: Through #Chainlink, $BOND, and $INV integrations.

Let's dive into each of these projects that make up the #FLOKI ecosystem:

First is #Valhalla, an #NFT #Metaverse game $FLOKI is developing.

The $FLOKI token will power #Valhalla.

Valhalla will make lots of new people to buy the $FLOKI token and absorb a huge chunk from circulation.

I have an extensive thread on this:

https://twitter.com/100bviking/status/1470736957298913286

Second is #Floki University, which is essentially $FLOKI's attempt at disrupting crypto education.

Floki University is one of the most bullish aspects of the $FLOKI ecosystem.

Here's why:

There are 5.1 billion Internet users in the world today. Yet, only 300 million are into #crypto!

In other words, only 6% of Internet users use #cryptocurrencies.

If the growth of the Internet is any indication, this number is going to increase very rapidly!

So what does the data say?

Adoption data shows that crypto is growing much faster than the Internet did in its early days -- and that there will be at least 1 billion crypto users by 2025:

https://twitter.com/woonomic/status/1356310219215699968?s=19

When you take a moment to think about this, and the gap that currently exists in crypto education, how critical Floki University is becomes clear -- both for crypto and the $FLOKI token.

THINK: How many of these new users will discover the $FLOKI token through Floki University?

Third in the #FLOKI ecosystem is #FlokiPlaces, which is #FLOKI's attempt to disrupt crypto commerce.

Essentially, #FlokiPlaces will create an environment that lets people trade NFTs and merchandise with #crypto.

It goes without saying that $FLOKI will be the main currency of the #FlokiPlaces marketplace.

Think about it as a kind of Amazon of crypto -- mainly powered by the $FLOKI token.

Fourth in the #FLOKI ecosystem is a project I won't name right now and which is pretty much fully developed at this point!

Let's call it "Project L".

"Project L" can be used by token creators, token holders, NFT creators, and NFT holders. That's potentially millions of people!

Every usage of "Project L" will consume a certain amount of $FLOKI tokens - to be burnt or removed from circulation somehow.

The last time I checked with our lead dev @MrXuj, "Project L" is fully developed and is being extensively tested before it can be announced to the public.

Compared to current competitors with a similar offering, #FLOKI's "Project L" is:

- A lot more innovative and has critical features they do not have.
- Going to be much cheaper to use.
- $FLOKI has much stronger industry brand recognition that will make adoption easy.

Talk about some seriously exciting utility that will be out soon and essentially "consume" $FLOKI tokens every time it is used.

More importantly, both average token holders, NFT holders, and token creators can use it.

Let your imagination roam wild!

The fifth part of the #FLOKI ecosystem is DeFi:

$FLOKI is the only crypto in the memecoin trilogy (i.e. $DOGE, $SHIB, & $FLOKI) to have a #Chainlink integration -- which is significant because Chainlink is the de facto oracle for #DeFi -- and there is no DeFi without an oracle.

Secondly, $FLOKI has been integrated with several key DeFi protocols.

The most significant of these protocols are:

- Inverse Finance / $INV: #FLOKI holders can stake their tokens and earn interest or simply use their tokens as collateral to borrow.

TVL on $INV = ~$44 million.

- BarnBridge / $BOND: #FLOKI holders can use BarnBridge SMART Alpha to hedge against inflation or increase their holdings regardless of market conditions.

TVL on $BOND = ~$2 million.

That's ~6% of #FLOKI tokens locked in both $INV & $BOND at the time of writing.

To summarize the #FLOKI ecosystem:

- A #NFT #Metaverse game.
- A #crypto education platform.
- An NFT & merchandise marketplace.
- A mystery project that can be used by token creators and token/NFT holders.
- #DeFi.

All to be powered by the $FLOKI token.

In essence, regardless of the short term distraction caused by current market noise and corrections, #FLOKI is gradually building an ecosystem that will disrupt crypto.

As long as the $FLOKI team keeps building, adoption is not a matter of IF but of when.

If available data is any indication, based just on its utility roadmap and the #FLOKI ecosystem, $FLOKI has a very bullish and bright future ahead for it!

PS. I'm a part of the #FLOKI team and I'm NOT a financial advisor.