Flockerz ($FLOCK) is the latest meme coin to cause a buzz in the crypto market. It’s drawing attention with an innovative take on blockchain governance, which they’re calling “Vote-to-Earn”
The project is undergoing a presale, and has raised over $5 million so far.
Investors are positioning themselves as early as possible because the $FLOCK price will rise throughout the ICO, with the next increase in just over one day.
Forget dogs and cats: meme coins can be a force for innovation
While most meme coins are content with a cute dog or cat image, Flockerz has created a whole new way to run a crypto project.
They’re paying people to vote on decisions about its future.
Picture this: you buy a meme coin, and the devs want to add a new feature – let’s say a Play-to-Earn game. For most meme coins, the devs have the last say.
If they want to add it, they’ll add it – even if the community doesn’t think it’s the best move.
But with Flockerz, the community decides. They’ll vote on-chain, and if they approve, the game is built. If they disapprove, the game is forgotten about.
Yes, other crypto projects have incorporated this, but it’s the first time users will get paid for voting.
Projects like Uniswap, Aave, and Arbitrum all operate via decentralized governance. However, the average crypto user doesn’t have the time or incentive to participate so no project has really nailed the concept yet.
Flockerz aims to change that with Vote-to-Earn.
It’s setting the pace for the meme coin sector and the entire crypto industry. Could it be that other community-controlled projects follow the Flockerz blueprint?
Only time will tell, but the possibility of that has everyone excited.
Flockerz passes security checks with flying colors
The meme coin market is overcrowded right now. The advent of platforms like Pump.fun means thousands of new tokens are being created each day.
Many of them end up being scams (otherwise known as rug pulls). This is so prevalent that the United Kingdom government banned Pump.fun last week.
But in this high-risk environment, Flockerz separates itself with a commitment to security.
Two of the top blockchain security firms, Coinsult and Solid Proof, have audited the project. Both audits found Flockerz safe and secure, allowing prospective investors to buy $FLOCK with peace of mind.
Indeed, the project’s decentralized nature also makes it a more secure project. With the community in complete control, it negates the issues faced by other meme coins with centralized, self-appointed teams.
These risks exist even at the highest levels in the meme coin sector. For example, in 2023, the Pepe team stole $15 million from the project’s treasury.
Will Flockerz list on Coinbase after IEO?
Flockerz’s commitment to security means that investors can buy with confidence, and that won’t go unchecked by top exchanges.
Binance and Coinbase have been in a memetic arms race ever since Donald Trump won the US election. Both understand the friendlier regulatory environment that awaits and are expanding their meme coin rosters as a result.
Right now, Coinbase is winning, having had a higher impact in December with its Mog Coin and Moo Deng listings.
Traders are expecting big things from Flockerz once its presale is over, which is evident in its $5.3 million total raise.
The community is undoubtedly counting on big-name exchange listings to boost its market appeal and attract a wider pool of investors.
This would create more demand for $FLOCK and drive its price higher. According to prominent analyst ClayBro, the Flockerz price could rise up to ten times higher after the presale ends.
Wther Flockerz ends up on Coinbase or Binance remains to be seen – but as ClayBro notes, prospective investors should not leave it to chance because the project has huge potential.
ClayBro underlines the incrementally rising presale price, which incentivizes traders to act as soon as possible.
Secure $FLOCK before the forthcoming price increase
Traders can participate in the presale by visiting the Flockerz website, connecting their wallet, choosing the amount of $FLOCK they want to buy and the crypto they want to pay with.
They can also purchase $FLOCK using the Best Wallet application, which can be downloaded from the App Store and Google Play Store. This also lets investors track their tokens and key project updates as the presale unfolds.
