February 24, 2023
By Sharan Kaur Phillora
The Floki community is rallying to support the Turkey earthquake victims. On Monday, Floki announced the launch of “Floki’s Turkey Earthquake Relief NFT,” priced at 0.05 ETH and is available on the OpenSea marketplace.
Here’s what we know:
The dev team has determined to hold the NFT sale, and the question before the DAO is whether to launch the NFTs on Ethereum or BNB Chain.
The DAO proposal cites the following pros and cons for each chain:
- Ethereum – NFTs will have utility within the Valhalla Metaverse game; NFTs will cost more to mint due to high gas fees; fewer people may participate due to higher costs
- BNB Chain – NFTs will not have utility within Valhalla; mint costs will be cheaper due to low gas fees; more people may participate due to lower costs.
In a recent AMA, core team member B noted the significant role of Turkish community members in the Floki project.
After the first few hours of voting, DAO members were leaning toward launching the NFTs on Ethereum by a margin of 66%-34%. The vote ended on Feb. 10.
Other major crypto exchanges such as Bybit, BitMex, BitFinex, and Binance have also pledged their support to the Turkey earthquake.
About the author
Sharan Kaur Phillora’s thirst for knowledge has led her to study many different subjects, including NFTs and Blockchain technology – two emerging technologies that will change how we interact with each other in the future. When she isn’t exploring a new idea or concept, she enjoys reading literary masterpieces.