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Floki, a prominent player in the cryptocurrency space, has announced its support for the upcoming launch of the $MONKY memecoin.
This new token is the brainchild of Forj, a subsidiary of Animoca Brands, is et to launch on November 21, 2024. The $MONKY project is backed by strategic partnerships with some of the biggest names in the crypto world, including Bored Ape Yacht Club and ApeCoin.
The Vision Behind $MONKY
$MONKY draws inspiration from a timeless cultural symbol, The Three Wise Monkeys—"See No Evil, Hear No Evil, Speak No Evil.” $MONKY seeks to embody the collective power of the community, building a project that encourages critical thinking, resilience, and responsible communication in the world of Web3.
“We’re thrilled to announce that Floki will support the launch of Wise Monkey ($MONKY), a memecoin inspired by the globally recognized 'Three Wise Monkeys' proverb,” Floki said in a statement.
In a space often dominated by fear, uncertainty, and doubt (FUD), the $MONKY token promotes principles like:
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See No FUD: Resisting the temptation to believe in fear-driven narratives.
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Hear No Rumors: Embracing critical thinking and not falling prey to unverified information.
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Speak No Hype: Communicating responsibly and not inflating expectations.
Cultural Relevance of the Three Wise Monkeys
The “Three Wise Monkeys” are widely regarded as one of the earliest examples of a meme. Their simple yet powerful message—urging individuals to avoid evil through the senses of sight, hearing, and speech—has transcended time and cultures.
Originating from Japanese carvings, the proverb has been adapted and referenced in political cartoons, pop culture, and social media. Figures like U.S. President Bill Clinton and celebrities like Neymar and Kim Kardashian have incorporated the monkeys into their public personas.
Now, $MONKY aims to capture this cultural momentum in the digital age. By drawing on the historical significance of the proverb, the $MONKY token seeks to offer a modern adaptation for the Web3 era.
$MONKY Airdrop Details and How to Qualify
Floki unveils an airdrop for $MONKY, with 45.5% of the total token supply to be distributed across multiple communities. Here's a breakdown of how the airdrop will work:
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Floki Ecosystem: 35% will be allocated to $FLOKI holders, with 27% going to $FLOKI holders, 4% to $TOKEN (TokenFi) holders, and another 4% to Floki Trading Bot users.
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ApeCoin Holders: 10% of the supply will go to ApeCoin holders.
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GraFun Users: 0.5% will be distributed to GraFun users.
To qualify for the airdrop, users must hold the required minimum amounts of tokens. For Floki holders, this means holding at least 500,000 $FLOKI, while TokenFi users need a minimum of 2,000 $TOKEN. The airdrop will be distributed proportionally based on the amount of tokens held.
The $MONKY token will launch on the BNB Chain, and more details about the airdrop, including the snapshot date and supported exchanges, will be announced soon.
Strategic Partnerships and Future Plans
The recent update came amid Valhalla, Floki’s PlayToEarn Multiplayer Online Role-Playing Game (MMORPG) blockchain game, announced a partnership in the United Arab Emirates (UAE). Valhalla will be prominently displayed across 93 screens in Mall of the Emirates, one of Dubai's most prestigious shopping centers, ensuring that Floki’s initiatives reach a wider, global audience.