Meme coin watchers are betting big on Flockerz ($FLOCK), a new kind of meme coin that makes voting and community building both fun and profitable.
The project has had a robust and bullish entry into the market, having raised well over $550,000 in its first few weeks.
Touting itself as "The People's Meme Coin", the presale market's newest degen candy offers multiple rewards paths, this is thanks to a DAO where every vote is rewarded with meme coins.
These aren’t no ordinary meme coins, either. $FLOCK offers unrivalled staking rewards and community-building incentives.
So, how does “vote-to-earn” work? Well, in the context of Flockerz it begins with Flocktopia, a revolutionary decentralized autonomous organization (DAO) that every flocker ($FLOCK holder) is a member of.
DAOs are blockchain-based governance structures that mimic shareholder-run companies.
In short, they're organizations where every participant is on an equal footing and can exercise the same governance and voting powers to make key decisions about the project’s future.
That means Flockerz is much more than a hilarious cartoon, although meme coin fans will no doubt agree that the avian theme gives the sector a much-needed aesthetic reset from the legions of tired-looking Dogecoin clones dominating it.
Let's take a closer look at the hottest presale to arrive this fall.
Flocktopia Binds The $FLOCK Through Incentivized Voting
Flockerz holders (aka "The Flock") shape the project's future by making governance and improvement proposals and casting votes on them to ensure that all important decisions are made by the community and not a centralized authority.
By rewarding voters with $FLOCK rewards, Flockerz is like no other meme coin. It incentivizes frequent active engagement with the community and aligns everyone's interests towards making the project a success.
After all, the more you participate, the greater the rewards.
Some 25% of the project’s 12 billion $FLOCK tokens are for staking, with the protocol offering stakers yield of 3,311% on the tokens they lock up over a two-year staking period.
Staking functionality not only offers passive income, but it also brings money and stability back into the project by promoting long-term investment and keeping the supply scarce.
Around 2.4 billion $FLOCK (20% of the supply) is for the Flockerz presale, where meme coin investors can currently purchase at a fixed presale price of $0.005724.
However, less than two days remain before $FLOCK moves incrementally up to the next fixed-price tier of $0.0057469.
The same number of tokens is for marketing, ensuring the project gets a global reach and the best possible chance to land on exchanges, with 10% of the supply (120 million $FLOCK) reserved for exchange liquidity.
Finally, a quarter of the supply will go to the DAO treasury to fund and implement the project's development.
Flockerz: Web3's Biggest Meme Coin $FLOCK is Taking Off!
Flockerz wants you to know first up that it is a transparent and fully audited project. That's why the first stage of the project's roadmap was to audit its smart contract through Coinsult, to give investors peace of mind.
Now that the presale is underway, the Flockerz team is throwing its weight behind getting word out about the meme coin, and various influencers are taking notice over on YouTube, including Jacob Crypto Bury, who called it a 10X project.
Beyond the presale, Flockerz is eyeing up listings on both centralized and decentralized exchanges (CEXs and DEXs). The project's vote-to-earn mechanism will launch after listings.
In conclusion, Flockerz is a flight into a future of community-driven meme coins. It offers a tidy incentive for investors to flock together and soar in-sync towards the moon. That alone makes for potentially one of the most powerful new communities in Web3.
Interested investors can purchase $FLOCK with ETH, BNB, USDT, or bank card over on the website.
Hold on, because the $FLOCK is taking off!
Join it now. Follow Flockerz on X and Telegram.
Visit the Flockerz presale website.
The post Crypto Experts Are Betting Big on This Early-Stage Meme ICO – Could It Be the Next Dogecoin? appeared first on Cryptonews.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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