Floki Inu, a prominent memecoin project, has issued a stern warning to its community and the wider cryptocurrency sector regarding ongoing scams involving counterfeit tokens falsely linked to its brand.
These fraudulent tokens have emerged on the Solana and Base blockchains, deceiving unsuspecting investors.
In an official statement posted on social media, Floki Inu emphasized that its genuine token (FLOKI) is exclusively available on the BNB Smart Chain and Ethereum networks.
To safeguard users against scams, Floki Inu provided the correct contract addresses:
“0xcf0c122c6b73ff809c693db761e7baebe62b6a2e” for Ethereum and “0xfb5b838b6cfeedc2873ab27866079ac55363d37e” for BNB Smart Chain.
The project urged its community members to rely solely on official sources for token-related information to avoid falling prey to fraudulent schemes.
Despite these security challenges, Floki Inu remains committed to expanding its ecosystem’s functionalities.
A significant recent development includes the launch of the FLOKI Name Service on the BNB Chain mainnet.
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This service allows users to register decentralized domain names with the .floki extension, leveraging the Space ID architecture for compatibility with various decentralized applications (DApps), such as Trust Wallet and PancakeSwap.
Floki Inu’s growth on the BNB Chain has been notable, surpassing 417,400 holders. In celebration, the project initiated a rewards program enabling holders to claim interest rewards.
Looking forward, Floki Inu disclosed its ambitious 2024 roadmap, outlining plans for utility-focused initiatives.
These include the introduction of regulated digital banking accounts that facilitate the creation and funding of accounts using FLOKI tokens.
The project has also forged a partnership with a licensed fintech firm to enable digital bank accounts supporting Swift payments and SEPA IBAN capabilities across several countries, including Canada, Spain, Dominica, Australia, and the United Arab Emirates.
Earlier this year, the Hong Kong Securities and Futures Commission (SFC) cautioned the public against unauthorized schemes like the “Floki Staking Program” and “TokenFi Staking Program,” which promise high annualized returns without proper authorization for public sale in Hong Kong.
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