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Floki Inu Delays Valhalla Launch to Q1 2025 for Audit Updates

November 26, 2024
in Crypto News
Reading Time: 2 mins read
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  • Floki Inu delays the Valhalla launch to Q1 2025 to implement auditor-recommended security enhancements for user and asset safety.
  • Valhalla’s $60 million Treasury aims to support a thriving play-to-earn economy, showcasing Floki Inu’s metaverse ambitions.

Officially, Floki Inu has tweeted that Valhalla, the much-awaited metaverse blockchain game, to be delayed until Q1 2025.

After careful comments from two of the most reputable names in blockchain security, Hacken and OpenZeppelin, this choice results. The team underlined that this delay is a preventive measure to guarantee the security of the platform and the user’s safety.

VALHALLA MAINNET LAUNCH TO BE DELAYED UNTIL Q1 2025

We would like to announce that the Valhalla mainnet launch will be delayed until Q1 2025, in line with feedback from our auditors!

Valhalla is Floki’s flagship utility project and metaverse blockchain game that we’ve spent the… pic.twitter.com/LnTFAUDtvZ

— FLOKI (@RealFlokiInu) November 25, 2024

Floki Inu Commitment to Quality and Security in Valhalla Development 

Valhalla is the main utility project of Floki Inu, a play-to-earn metaverse game under development for almost three years. Based on Floki Inu’s official tweet, a project they feel may disturb the metaverse realm has been developed with major resources and effort.

The economics of the game will be driven by a Treasury worth almost $60 million right now. With this significant investment, Floki Inu hopes to build a vibrant in-game economy capable of supporting her vision of the most successful metaverse blockchain game in the sector.

The delay results from recommendations of the auditors to improve the security of the platform even more. These suggestions call for changes to the Valhalla contracts, which call for more implementation and testing periods. The dedication of Floki Inu to quality and safety emphasizes its duty to guarantee the preservation of resources and users inside the ecology.

This declaration comes after Floki Inu has been more visible in the crypto space. Coinbase has included FLOKI on its platform, according to Crypto News Flash (CNF), which increases demand in the community-driven token. This action complements the earlier choice of Coinbase and Robinhood to provide PEPE, another widely used memecoin, to their users.

Meanwhile, FLOKI’s market performance has displayed erratic tendencies. Reflecting a 9.93% correction over the last 24 hours and a 13.28% drop over the last 7 days, the token trades at over $0.000216 at the time of writing.


Credit: Source link

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