Flockerz ($FLOCK) has caused a buzz by announcing its presale will close in 29 days,
After raising $7.7 million to build the world’s first Vote-to-Earn decentralized autonomous organization (DAO), the Flockerz team is now planning for a successful exchange debut.
There’s no doubt that Flockerz investors are hoping for a rerun of other recent presale token exchange launches. Pepe Unchained provides early investors with a 10x ROI after listing this month, while Crypto All-Stars provided a 101% gain yesterday.
Investors now have their final opportunity to buy $FLOCK at a fixed price of $0.006504 ahead of the exchange listing.
Based on the recent success of other innovative meme coins after launching on exchanges, coupled with Flockerz’s strong presale demand, there’s every chance that those who miss the presale end up paying a significantly higher price later.
Vote-to-Earn changes everything for blockchain governance
Meme coins are not known for their innovative efforts – but Flockerz is bringing a completely new technology to the blockchain industry.
It’ll be governed by FlockTopia, a Vote-to-Earn DAO that votes on proposals for all key decisions relating to the project’s future. These decisions involve everything from changes to the project’s code to which brands to partner with.
Voters will be paid for their efforts, which helps align community incentives with the project’s success. If voters make the best decisions, Flockerz will become more successful, boosting the price of $FLOCK.
Incentives are a widely used strategy in the crypto industry to foster adoption. However, this is the first time a project has leveraged incentives to encourage DAO participation.
This also solves a major issue that meme coins and the wider industry face of centralization.
Many meme coins are controlled by centralized teams, who are not necessarily acting in the community’s interest, especially if they don’t control a portion of the token supply.
By incentivizing users to participate in the DAO, decision-making control will be adequately distributed, forging a more decentralized and robust governance system.
Staking rewards to bolster holder rewards
Users must hold the Flockerz token to access FlockTopia and earn from voting, creating a utility-driven demand stream. But beyond that, $FLOCK holders can also stake their tokens for even more rewards.
$FLOCK staking is live and currently provides a 356% APY, but this will decrease as the staking pool grows. So far, over 500 million $FLOCK tokens have been staked, underlining the community’s belief in the project’s long-term potential.
Staking provides a demand stream that could help prop up the $FLOCK price and allows early adopters to get ahead. By staking tokens amidst the presale, $FLOCK investors could compound their investment before the exchange debut takes place.
Should the price rise once $FLOCK hits the open market, presale stakers will generate even more profits.
Prominent trader ClayBro told his 130K YouTube subscribers that Flockerz could provide “huge gains.”
The 10x gains of Pepe Unchained and the 101% return of Crypto All-Stars provide a benchmark on the type of returns that presale meme coins can deliver.
However, ClayBro suggested in another video that $FLOCK investors could generate a 25x ROI when factoring in the project’s incentives.
Buy $FLOCK using Best Wallet or the presale website – 29 days left
There are just 29 days remaining until the Flockerz presale closes its doors for good.
Investors can purchase $FLOCK via the project’s website or using the Best Wallet app’s Upcoming Tokens feature. Upcoming Tokens is an aggregator that lists the most promising emerging cryptocurrency launches.
Flockerz has exhibited a strong commitment to security, with auditors Coinsult and Solid Proof testing the project’s code and finding no issues.
