Floki DAO has approved a significant investment into the BADAI platform on the BNB Chain to expand its ecosystem. The decision was overwhelmingly supported by community voting.
Key Investment Details and Strategic Partnership
Floki DAO allocated $125,000 from its treasury to acquire BADAI tokens at a $12.5 million valuation. This partnership strengthens ties between the platforms and provides BADAI with support before its token launch through TokenFi, Floki's sibling project. The community vote showed 99.71% approval of the proposed plan.
Massive Token Allocation to Floki Ecosystem
BADAI has designated 45% of its tokens for the Floki ecosystem. Of these, 35% will be distributed via airdrop to FLOKI and TokenFi token holders as well as Floki Trading Bot users. The remaining 10% will be available through the TokenFi Launchpad during BADAI's presale.
Future Prospects and Strategic Benefits
The investment opens up significant growth potential for the Floki treasury due to BADAI's potential in the rapidly-growing AI sector. BADAI presents itself as the 'ultimate AI platform' for the BNB Chain with a unique marketing strategy, including satirical documents like the 'Blue Paper'.
Floki's investment in BADAI symbolizes strong intentions and support for innovation within the crypto space. This partnership strengthens Floki's position as a leading token launch platform and could serve as a model for future projects.