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Flokinomics

FLOKIN

Flokinomics is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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About Flokinomics

Flokinomics (FLOKIN) is an NFT marketplace that runs on Binance Smart Chain or BNB, Binance Chain. FLOKIN is the native token offering of the platform. Flokinomics seeks to use FLOKIN as a rebase token. A rebase token or an elastic supply regulates its circulating supply automatically according to the fluctuations in the cryptocurrency value.

According to its whitepaper, Flokinomics aims to employ an elastic supply for the circulation of FLOKIN. The release of elastic supply tokens varies depending upon the asset's value in the market. Flokinomics seeks to use a set algorithm for FLOKIN circulation and plans to employ a unique rebasing mechanism to supply tokens in the market. Algorithms are instructions given to a computer to solve a problem or complete a task.

Usually, rebasing mechanism increases or decreases the supply of tokens in the market to regulate the value. However, Flokinomics aims to use a unique mechanism by increasing the basic rate of the token to regulate value in the market.

Flokinomics plans to allocate 5 percent of token supply as rewards, 2 percent for developers and team, 3 percent as liquidity, and 5 percent for marketing purposes. The network is currently working on version 2 of the NFT marketplace on the Binance Smart Chain.

The launch of Flokinomics was in 2021.

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Market

Spain Market Stats

Market cap

Not enough data

Volume (24h)

Not enough data

Circulating supply

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All time high

Not enough data

Spain Market performance

Price change (1h)

+100%

Price change (1d)

+100%

Price change (1w)

+100%

Price change (2w)

Not enough data

Price change (1m)

+100%

Price change (1y)

+100%

Spain News about Flokinomics

The Block • May 03, 24

FriendTech’s token launches for trading alongside airdrop claims and version 2 rollout

The token airdrop happened simultaneously with the launch of Friend.Tech’s v2, which offers users new features, such as "Clubs."

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BeInCrypto • May 03, 24

Mollars Token Presale Now Ending May 31st — Crypto Exchange Confirms Launch

The Mollars token presale was originally slated to end on the 1st week of May; with various reports suggesting different dates. The official team has now confirmed, the original date will be moved back to May 31st. There are two reasons for the pushback. First,  by popular demand from top investo...

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BeInCrypto • May 03, 24

XYO Enhances Digital Autonomy And Data Sovereignty With xyOS Beta Launch

XYO, a company pioneering technology to improve data validity and user control, has taken a significant step towards a more empowered digital future. On 1st May 2024, they launched the beta version of xyOS, a groundbreaking operating system designed to simplify blockchain interaction and put you ...

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BeInCrypto • May 03, 24

The Secret Behind How AI-Powered Ethereum Trades Made This Trader a Millionaire

With the introduction of artificial intelligence in the investment sector, people are changing the way they invest in volatile cryptocurrencies like Ethereum. An industry that once required traders to learn complex market dynamics and study the plethora of crypto projects can now be entered into ...

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The Block • May 03, 24

Spot bitcoin ETFs see reduced daily outflows, totaling $34 million

The 11 U.S. spot bitcoin exchange-traded funds recorded a total daily net outflow of $34.4 million on Thursday.

Read more

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BeInCrypto • May 03, 24

Jack Dorsey Doubles Down on Bitcoin: Block Announces DCA Plan

Jack Dorsey reveals Block Inc's commitment to a Bitcoin DCA investment strategy.The post Jack Dorsey Doubles Down on Bitcoin: Block Announces DCA Plan appeared first on BeInCrypto.

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Flokinomics is on the rise this week.

The price of Flokinomics has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Flokinomics’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Flokinomics?

We update our Flokinomics to EUR currency in real-time. Get the live price of Flokinomics on Coinbase.

Can I buy Flokinomics on Coinbase?

Yes, Flokinomics is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Flokinomics guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.