• Floki, a meme coin project on BNB Chain, has commissioned a school building in Ghana in collaboration with Pencils of Promise, a non-profit organization.
• The Floki team incorporated each of its school projects with six blocks of classrooms, with one of those blocks fully built for the computer laboratory.
• On January 28, the Floki DAO approved proposals to burn at least 4.97 trillion FLOKI tokens on a cross-chain bridge and reduce the network transaction tax to 0.3%.
Floki Builds School In Ghana
Floki, a meme coin project on BNB Chain, has commissioned a school building in Ghana in collaboration with Pencils of Promise, a non-profit organization. Every school project included six classroom blocks, with one block built as a computer lab. The charity work is part of Floki’s three pillars which include fostering education and impacting lives in underdeveloped nations such as Laos and Guatemala.
Approved Proposals To Burn Tokens And Reduce Tax Transactions
On January 28, the Floki DAO approved proposals to burn at least 4.97 trillion FLOKI tokens on a cross-chain bridge and reduce the network transaction tax to 0.3%. More than 99% of community members voted for these proposals and they will be put into effect starting February 9th.
Supporting Education Through Malasian Crypto Protocol
The crypto protocol hopes to leverage this initiative to enhance crypto and metaverse education to boost their adoption while supporting educational efforts around the world through its Malaysian crypto protocol backed by various organizations like Tabitha Cumi Foundation (backed by the United Nations & Embassy of Japan) and Pencils Of Promise (a non-profit humanitarian organization).
Burning Tokens Worth $129 Million At Press Time
The token burning is estimated at $129 million worth at press time which could bring major positive impacts for global communities that are being supported by this initiative from Floki’s side .
Positive Impacts From Token Burning
The token burning is expected to bring many positive impacts for global communities that are being supported by this noble initiative from Floki’s side . This shows how cryptocurrency projects can make significant contributions towards social good causes worldwide .