It’s called the “People’s Currency”, but FLOKI, the token of Floki’s ecosystem, isn’t just another crypto with a catchy tagline and no utility. Floki has already proven itself more than a meme token, and can currently be used to earn in the NFT Universe, to wager on casino games, and purchase merchandise amongst many other purposes.
Floki may have begun life as yet another meme currency loosely based on the Shiba Inu dog owned by Elon Musk, but it’s progressed far beyond that. Read on to learn more about what Floki has to offer you as BTCGOSU puts FLOKI under the microscope right here. Let’s start by introducing you to our top and selected range of the best Floki casinos.
FLOKI (FLOKI)
Officially known as Floki Inu, Floki began life as a meme currency in 2021, and one that was inspired by the Shiba Inu dog owned by Elon Musk. Floki is built on top of two blockchains, namely those run by Ethereum and Binance. This effectively means that it can take advantage of the smart chain software used by those networks. Another primary selling point attributed to Floki is the fact that it is hyper-deflationary. What this effectively means is that as its supply and availability decrease (which it has been designed to do over time), the price and demand should rise. In short, if you were to get involved with Floki now (at the start of its rise), then you’d be sitting on a gold mine later. Of course, that’s all well and good, but things don’t always work out that way with cryptocurrencies.
One of the things we will say about Floki and its utility token, FLOKI, is that it has plenty of purposes. It has already established itself as a primary token for purchasing NFTs. It has also carved out a space for itself in the Metaverse gaming realm, where it is the currency of choice in games such as Valhalla. Floki is also widely used for staking, and there are several places online that act as “FlokiPlaces”, a marketplace where FLOKI rules the roost. There is even a VISA/MasterCard prepaid option tied to this cryptocurrency, something you don’t see with its rivals.
This, of course, all caught our attention, as we’re sure it did yours. However, given that we are mainly interested in cryptocurrencies from a gambling perspective, that’s what we’re truly going to have to judge Floki on. Given that, how does Floki work in the gambling world in a practical sense? Allow us to explain next.
Floki casinos aren’t very different from other crypto sites, to be honest. Yes, there’s the entire Metaverse aspect to consider, but we’re not going to touch on that too much. The main reason why is that most Floki gambling takes place in the conventional crypto gambling sector, otherwise known as online casinos. Therefore, these Floki casinos are any online casinos that happen to accept FLOKI as a deposit and withdrawal currency but that also permit wagers on games using the crypto token.
There are one or two unique Floki games out there in the Metaverse, again like Valhalla. However, when it comes to online casino games, Floki can be used virtually for all the same games you can place any sort of crypto wagers on, including live casino games, slots, table games, instant win titles, and others. A good rule of thumb is this – if you can play a crypto casino game with Bitcoin, and if your casino accepts Floki, then it should be possible to wager using FLOKI, too.
Why bother using Floki at crypto casinos in the first place? There are benefits to be had if you’re prepared to give it a shot. Allow us to walk you through some of the main reasons you’d choose to do that with Floki below.
Floki is a cryptocurrency that already has many different purposes. Unlike many meme coins or startup tokens, which often get limited to just a single purpose, Floki Inu is accepted for many practical reasons, especially when it comes to the Metaverse. In effect, if you were to use Floki, there’s every chance that you could do other things with it, as well as gamble.
Floki has plenty of backers and is potentially the kind of crypto that, if you get involved with right now, you could end up pocketing a substantial return in the future. Of course, while there’s no guarantee of that, it is still a super secure crypto token, based on both Ethereum and Binance’s smart blockchains, respectively.
While there aren’t too many disadvantages to playing with Floki at crypto casinos, the two we identified were fairly big ones. Here’s what you need to know:
Floki has a lot of bluster behind it. Yes, it is backed by established groups such as CNN, but the reality is that Floki is still a cryptocurrency that promises a lot. However, it is far too early to see if it will go on to become a main player in this game. The signs are great, don’t get us wrong, but if someone shouts, “Buy this token; it’ll be worth a fortune in a few years”, we can’t help but be slightly suspicious. Floki looks like the real deal, but it isn’t proven by time.
The term “dynamic fees” has come into the spotlight a lot recently, thanks to ticketing issues. However, it’s also relevant to mention the concept here, since that’s how Floki processes payments. Its dynamic fee system means that the price you’ll pay depends a lot on congestion, traffic, and network demand. The complexity of transactions may also play a part. Fees aren’t outlandish, but we’d prefer to see something fixed.
We strongly recommend that you choose one of our recommended Floki casinos to start playing today. They have been vetted by our team. However, if you want to go it alone, don’t hesitate to explore FLOKI casino sites that support the following features:
If you want a heads-up or some recommendations, our team is only too happy to help. Here are two of our favorite Floki crypto casinos you can join right now:
Are you ready to get hold of FLOKI and start betting at online casinos? If so, you’re probably wondering where to begin. Fortunately, we’ve got all the answers you need right here.
Here at BTCGOSU, we see cryptocurrencies come and go, and new ones debut all the time. Floki is a little different. It’s well-backed, has a lot of support, and a giant community. Moreover, it is fully transparent and has plenty of utility. We’ve got a feeling we’re seeing the start of something special with Floki, but only time will tell. For now, though, this is definitely a cryptocurrency you’ll want to keep tabs on when betting online.
No. In fact, Floki isn't one of the mainstream options, although it is rapidly gaining popularity among crypto casino fans.
That depends. If your crypto casino accepts FLOKI and permits wagers on games using cryptocurrencies such as Floki, then you're in luck.
Normally, we'd say no. We haven't seen FLOKI offered in welcome bonuses or other casino promotions. Of course, this could change, though.
Absolutely. Floki is a very reputable cryptocurrency, and makes full use of the Smart mechanics found on Binance and Ethereum's blockchain networks.
No. While they aren't extortionate, Floki does have fees, and they are dynamically priced. On the upside, most Floki casinos don't add fees of their own, leaving you to deal only with network charges.