Floki Inu, a project that started as a memecoin but has now turned into a utility token, has revealed its plans to build a new school in India.
The announcement pointed out that India faces “challenges in ensuring access to quality education” due to its large population.
With this initiative, Floki continues its mission to support educational development worldwide. Floki has previously successfully launched educational projects in developing countries such as Nigeria, Laos, Guatemala, and Ghana.
Did you know?
Want to get smarter & wealthier with crypto?
Subscribe – We publish new crypto explainer videos every week!
Floki invited local non-governmental organizations to partner with it on this project, highlighting a collaborative approach that will ensure the project’s success.
The previous schools had multiple blocks of classrooms, including a dedicated computer laboratory.
Such projects are part of Floki’s effort to promote crypto and metaverse education, aiming to increase adoption and literacy in these emerging fields.
By building this school in India, Floki hopes to replicate its past successes and make an impact on the local education system. The company’s focus on combining traditional education with advanced technological subjects underscores its innovative approach to education.
FLOKI’s value increased after the initiative was announced; however, at the time of writing, it has dropped by 4.29%. It is currently the fifth-largest memecoin, with a market capitalization reaching over $2.5 billion.
In other news, market maker DWF Labs has recently announced its plan to invest $12 million in FLOKI tokens to support the Floki ecosystem.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
Source link
