With the slogan “Buy Floki”, a cryptocurrency inspired by Elon Musk’s dog has made an advertisement in London. Floki, a meme coin like SHIB and DOGE, was inspired by Elon Musk’s dog, FT reports. And this crypto is advertising in London with an “aggressive” marketing move. Detail cryptocoin.com‘in.
Neither SHIB nor DOGE
The “FLOKI” campaign aims in part to legitimize the cryptocurrency and attract “A-list influencers”. There is no indication that the Tesla owner is involved in the Floki Inu project. According to a Financial Times report, even as regulators take a critical stance on crypto ads, a cryptocurrency inspired by Elon Musk’s dog is at the center of an advertising campaign across the UK transport system. “Missed Doge? Get Floki” is funded by a 4% marketing fee from the slogan and campaign buyers in the advertisements of the Floki Inu token placed on London Tube stations, trains and buses.
The marketing manager of the cryptocurrency, which trades as “FLOKI,” said the goal of the branding campaign is to “legitimate” the cryptocurrency and instill confidence in potential buyers. “There are too many scammers in this game,” the group’s head of marketing, who identifies himself with the alias Saber, said in a report released Wednesday. There is no indication that Elon Musk, whose interest in SHIB and DOGE is known, is involved in the project, and the chairman did not respond to FT’s request for comment. Floki Inu did not respond to the FT’s request for comment on who controls the project. But he says this is the only crypto project that has officially partnered with a nonprofit group (Million Gardens Movement) to address food insecurity.
on Ethereum
The token was released on the Ethereum blockchain and also works on the Binance Smart Chain. On Wednesday, it was trading at $0.000006076, up about 1%, according to CoinGecko. The website Floki Inu said that cryptocurrency represents a “movement” and will have three useful projects: an NFT gaming metaverse called Valhalla, an NFT and merchandise marketplace called FlokiPlaces, and a content/educational platform known as Floki Inuversity. According to its website, it has been contracted to spend approximately $1.5 million on marketing for “multi-targeted and aggressive” campaigns for FLOKI to be listed on top exchanges.
The FT said that an advertising campaign is set for Los Angeles and has plans to market the cryptocurrency in China, Japan and Russia. However, direct marketing of cryptocurrencies to the UK public could intensify regulators’ focus on crypto advertising, the report said. Charles Randell, chairman of the FCA, repeatedly warned about the risks of speculative token holding in a speech last month. “Tokens are not regulated by the FCA and are not covered by the Financial Services Compensation Plan. If you buy them, you must be prepared to lose all your money,” he warned.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.