A new meme coin called Flockerz (FLOCK) – the native token of the FlockTopia DAO – has raised over $300,000 just two weeks into its presale. The self-titled “People’s Meme Coin” uses vote-to-earn to encourage participation and reward its community.
Let’s look at what this ICO has to offer and why some experts are backing the token to see big gains.
Vote-To-Earn and Robust Fundamentals Set the Stage for FLOCK
Most meme coins have all of their governance decisions made by a single person or team. Flockers, on the other hand, gives all of their holders voting rights in the FlockTopia DAO – the governing body of the token’s ecosystem.
FLOCK holders (called “The Flock”) are invited to vote on all the project’s decisions, letting them control the token’s future. On top of this, the token sidesteps the issue of inactive holders by providing FLOCK awards to voters. This incentivizes holders to engage with the community, vote with the token’s best interest in mind, all of which creates a positive pressure on its price.
Currently, FLOCK is going for $0.0056785 per token, however, the coin follows a dynamic pricing model for the presale. This means the per-token price will increase as time passes, or when funding goals are met.
As for the tokenomics, they’re heavily skewed in favor of the early investor. 45% of the 12 billion
total token supply is dedicated to the presale, split between direct purchases and staking. A massive 25% is dedicated to keeping the vote-to-earn aspect of the token going, ensuring rewards will last for a while after the token launches.
Huge 7480% Staking APY
FLOCK incorporates a 2-year vesting period for all the tokens staked in the Flockerz presale. However, it offers one of the highest APYs in the space, sitting at 7480%, this lets the earliest investors 78x their token holdings over the period.
Staking is supported by 25% of the total token supply – more than the total allocation for direct purchases during the presale.
However, at the end of the day, Flockers is still a meme coin, and needs to succeed on its merit. As far as meme coin ICOs go, there are three primary pillars on which most forecasts rest: community, security, and marketing.
In terms of community, Flockers is doing strikingly well. The presale already has 2,000 members on Telegram, with another 1,800 followers on X (Twitter). For a token still in its presale, this shows a lot of investor interest in its utility.
As far as security goes, Flockers has complied with two thorough security audits before the presale launched. Done by SolidProof and Coinsult, neither of the audits found any critical issues. On top of this, the team dedicated 10% of the total token supply to liquidity, reducing slippage and minimizing the risk of a rug pull.
On the marketing front, while we haven’t seen most of it yet, FLOCK is already making headlines in a variety of journals. Its community growth shows that the efforts so far have been largely successful.
Expert Sentiment Mounts – What’s Next on The Flockers Roadmap?
The Flockers team has put in the effort to ensure the project finds steady footing before being handed off to the community for governance. With the launch of the presale, Step 1 of the FLOCK roadmap was completed. In the next 2 steps, the team will double down on marketing, growing the community, and implementing the vote-to-earn mechanism.
The presale is easy to get into, with no minimum investment. Investors can buy Flockers with ETH, USDT, BNB, or fiat through a credit/debit card.
The FLOCK presale has had expert attention since the start, but it’s only recently been covered by 99Bitcoins – one of the biggest news outlets in the space. The YouTube channel with over 700,000 subscribers anticipates “100x growth” and praises the token’s massive staking rewards.
NEXT 100X Meme Coin?! Flockerz Vote-to-Earn Crypto Review
99Bitcoins states that there’s still a lot of room for the token to grow and that it could grow even more than they anticipate, as creative, animal-based meme coins like Moo Deng (MOODENG) have been delivering outsized returns.
Overall, with a growing community, robust security, and being the first of its kind as a vote-to-earn meme coin, Flockers has everything it takes to succeed on its DEX listing.
