What Is Lil Floki (LILFLOKI)?

Lil Floki is a Binance Smart Chain (BSC) token and aims to be the world’s first dedicated token for donating to dog shelters across New Zealand. In addition, Lil Floki rewards its users in the form of BNB. The inspiration behind the Lil Floki project is to aim to make the BSC network a safe space for its users. The Lil Floki token is designed explicitly with appropriate low transaction tax while the platform tokenomics aim to work toward the project’s longevity. Binance Smart Chain (BSC) is a blockchain network with smart contract compatibility and functionality.

Moreover, according to the platform whitepaper, the name Lil Floki is taken from Elon Musk’s influential Shiba Inu puppy, Floki. The motive behind naming the platform Lil Floki is that the Lil Floki team believes in Elon Musk’s influence on the existing crypto space. This results in free advertising for the platform whenever Musk mentions his puppy, Floki. Additionally, to stand amongst the top meme token space while working toward a good cause, Lil Floki utilizes 7% of each transaction for marketing and charity pools. Meme token refers to cryptocurrencies inspired by memes and social media jokes. This amount is then used to provide regular donations to New Zealand dog shelters and keep the project running. Together, these efforts help Lil Floki seek to create a sustainable, transparent, profitable, and safe environment.

Lil Floki smart contract aims to consist of the following features:

• Maximum 1% tokens of the total supply can be transacted at once to prevent big dumps in the chart.

• Lil Floki token is stealth launched for prevention of bot method transactions.

• A fraction of tokens is reserved for future burning events to reduce supply and increase the token’s market value. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means, the tokens are lost forever. Tokens are usually burned to reduce availability and increase market value.

History of Lil Floki (LIL FLOKI)

The Lil Floki project launch took place on September 25, 2021, and Hisham Macpherson and Alice Peters are the platform’s cofounders. The Lil Floki team is based in Hamilton, New Zealand. The maximum total supply for Lil Floki token is 1,000,000,000,000,000.