• Floki, a meme coin project on BNB Chain, has partnered with Pencils of Promise to build a school in Ghana.
• Floki has also approved proposals to burn at least 4.97 trillion FLOKI tokens and reduce the network transaction tax to 0.3%.
• The charity work of Floki is one of its three pillars, with plans to build state-of-the-art schools in every underdeveloped nation.
Floki Partners with Pencils of Promise
Floki, a meme coin project on BNB Chain, has partnered with Pencils of Promise, a non-profit humanitarian organization, to build a school in Ghana. This development comes barely eight months after it commissioned a similar project in Nigeria. The crypto protocol collaborated with the Tabitha Cumi Foundation and incorporated each of its school projects with six blocks of classrooms. One of those blocks was built as a computer lab for educational purposes and to boost adoption for crypto and metaverse education.
Burning FLOKI Tokens
On January 28th, the Floki DAO approved proposals to burn at least 4.97 trillion FLOKI tokens on a cross-chain bridge worth $129 million at press time. More than 99% of community members voted for this proposal, as 99.97% voted in favor and 0.03% voted against it. Floki announced that it would begin reducing the transaction tax from February 9th 2023 and permanently burn the 4.97 trillion tokens on the same date.
The charity work of Floki is one of its three pillars according to the project’s website; they pledge to build state-of-the-art schools in every underdeveloped nation which will support their goal into fostering education and impacting lives around the world positively through their initiative.
The Ghanian school #Floki has been completed and its inauguration is happening today according to an announcement by the „people’s“ crypto project on Twitter along with pictures and videos coming soon!
At press time, Floki is trading at $0.000026 up 15%, giving hope for potential investors looking into investing or trading cryptocurrencies currently or in the near future based off its price performance over 24 hours showing positive signs for growth within their market share position globally