Floki Inu, a well-known memecoin project, has issued a warning about unauthorized tokens. These tokens falsely claim association with the Floki brand. And they have appeared on Solana and Base blockchains, trying to steal money in a rather untraditional way.
The project's official X account alerted followers to the scam. Floki Inu emphasized that genuine FLOKI tokens exist only on two networks. These are BNB Smart Chain and Ethereum.
To aid users, Floki listed its legitimate contract addresses. On Ethereum, it's "0xcf0c122c6b73ff809c693db761e7baebe62b6a2e". On BNB Smart Chain, it's "0xfb5b838b6cfeedc2873ab27866079ac55363d37e".
The project urged community members to verify token information. This should be done through official channels only. Such caution helps prevent falling victim to frauds.
Despite these security challenges, Floki Inu continues to expand its ecosystem. A key development is the FLOKI Name Service on BNB Chain mainnet. This service enables users to register decentralized domain names with the .floki extension.
The service uses Space ID architecture. This allows interoperability with numerous decentralized applications. These include popular platforms like Trust Wallet and PancakeSwap.
Floki Inu has reached a milestone of over 417,400 holders on BNB Chain. To celebrate, it launched a rewards program. Holders can now claim a percentage of interest rewards.
In March, the project unveiled its 2024 roadmap. It includes several new features and utility-focused initiatives. One plan involves regulated digital banking accounts. Users will be able to create and fund bank accounts using FLOKI tokens.
The roadmap outlines a partnership with a licensed fintech firm. This will enable digital bank accounts with Swift payments and SEPA IBAN capabilities. The service will expand across Canada, Spain, Dominica, Australia, and the UAE.
In January, Hong Kong's Securities and Futures Commission (SFC) issued a cautionary note. It warned about the "Floki Staking Program" and "TokenFi Staking Program". The SFC stated these products offer staking services with high promised returns. However, they lack authorization for public sale in Hong Kong.