Despite its memecoin style, Floki is actually a serious token, even though the name comes from Elon Musk's Shiba Inu puppy

Floki is a decentralised autonomous organisation, ie a DAO, and Floki is also the name of the token that powers it.

Floki comprises four components. You've got TokenFi, FlokiFi, Valhalla and University of Floki.

Valhalla is a play-to-earn game, University is a platform for crypto eduction, FlokiFi is a DEX and TokenFi is a platform to tokenise real-world assets.

The Floki DAO was adopted in 2022, and the first vote was to burn 4.97 trillion tokens.

At the time of writing, Floki DAO has 490,000 token holders.

The Floki team conducts monthly AMA sessions, where AMA stands for Ask Me Anything, to ensure transparency.

According to Floki, tokenising RWAs, real-world assets, is a market that will be worth $16 trillion by 2030.

And the goal is to help the industry reach that potential evaluation.