# Operations and Funding *For Open Community Review and Is Subject To Change* Floki is a cryptocurrency with ambitious goals, and our ultimate goal is to be the most known and the most used cryptocurrency in the world. We aim to achieve this by building disruptive utility that adds value to people's lives and aggressively marketing our brand and products to rapidly onboard people into the Floki Ecosystem. ### In our first year alone, we achieved several major feats on a utility and marketing/branding level: **UTILITY** * We commenced development of our flagship utility product named **Valhalla**, a metaverse NFT game with novel blockchain mechanics and a PlayToEarn economy. * We commenced development of our DeFi utility product named **FlokiFi Locker**, which is one of the many utility products Floki intends to launch under the "FlokiFi" umbrella. * We commenced development of our crypto education platform named **University of Floki**. **BRANDING AND MARKETING** * We formed a branding partnership the **Alfa Romeo F1 Team Orlen**, a major Formula 1 team. * We formed branding partnerships with 8 major international football clubs that include:\ \ \&#xNAN;**- S.S.C. Napoli** in the Italian Serie A.\ \&#xNAN;**- Cádiz CF** in the Spanish La Liga .\ \&#xNAN;**- FC Twente** in the Dutch Eredivisie.\ \&#xNAN;**- Bayer 04 Leverkusen** in the German Bundesliga.\ \&#xNAN;**- Fenerbahçe S.K.** in the Turkish Süper Lig.\ \&#xNAN;**- FC Spartak Moscow** in the Russian Premier League.\ \&#xNAN;**- Kerala Blasters FC** in the Indian Super League.\ \&#xNAN;**- FC Goa** in the Indian Super League. The Formula 1 sport has an audience of over 1.55 billion people while the 8 football clubs above are in major football leagues with a combined audience of over 3 billion people. Furthermore, we ran a series of aggressive marketing campaigns that featured Floki branding on billboards, buses, trams, TV stations, airports, and other strategic locations in over a dozen countries that strategically exposed the Floki brand to billions of people. These partnerships have given FLOKI considerable exposure and have made Floki one of the most recognizable crypto brands in the world. These activities (development and marketing) cost money. Here is a breakdown of how Floki funds operations: 1. **Through a 0.3% transaction tax on every on-chain buy/sell transactions on the ETH and BNB blockchains.** Each trade has a small fee deducted to pay for activities that help further development and growth of the Floki Ecosystem. There is no tax on transfers. 2. **Through revenue generated from Floki utility products**: Our long term goal is for Floki to be self sustainable through revenue generated from our utility products, to an extent where we can remove the FLOKI transaction tax.\ \ Currently our crypto locker protocol, [FlokiFi Locker](https://flokifi.com), is live on mainnet and is poised to be an additional source of revenue for FLOKI as people use the protocol. 3. **Through the Floki treasury**: Floki has a treasury consisting majorly of FLOKI tokens, BNB/ETH, and stable coins at any given time. The tokens/funds in this treasury are also used to 1) develop and grow the Floki ecosystem 2) pay for strategic CEX listings 3) fund operations through OTC deals with key institutional partners. Below are the Floki treasury addresses: | Address | Chain | | --------------------------------------------------------------------------------------------------------------------- | ------------------- | | [0x2b9d5c7f2EAD1A221d771Fb6bb5E35Df04D60AB0](https://etherscan.io/address/0x2b9d5c7f2EAD1A221d771Fb6bb5E35Df04D60AB0) | Ethereum | | [0x17e98a24f992BB7bcd62d6722d714A3C74814B94](https://bscscan.com/address/0x17e98a24f992BB7bcd62d6722d714A3C74814B94) | Binance Smart Chain | The Floki treasury is held by a multisig that requires at least 3 people to sign every transaction before it can be executed. The team has EXCITING plans that will require significant money to implement. This page will be updated as our plans/approach to operations and funding evolve! --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.floki.com/floki-whitepaper/tokenomics/operations.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.