• Floki, a meme coin project on Binance Chain, has completed a school building in Ghana in collaboration with Pencils of Promise, a non-profit organization.
• The project included six classroom blocks, with one of those blocks built as a computer lab.
• Floki has also pledged to build state-of-the-art schools in Laos and Guatemala.
Floki, a meme coin project on Binance Chain, continues its commitment to fostering education and impacting lives by constructing a school in Ghana in collaboration with Pencils of Promise, a non-profit humanitarian organization. This project comes just eight months after the protocol completed a similar project in Nigeria in partnership with the Tabitha Cumi Foundation, an NGO backed by the United Nations and the Embassy of Japan.
The Floki school project included six classroom blocks, with one of those blocks built as a computer lab. This initiative is part of the crypto protocol’s goal to promote crypto and metaverse education to boost their adoption. Apart from Ghana and Nigeria, countries like Laos and Guatemala will also have Floki schools.
The charity work of Floki is one of its three pillars, according to the project’s website. To fund this initiative, the Floki DAO approved proposals for burning at least 4.97 trillion FLOKI tokens on January 28. This is part of the tokenomics of the project, where the burning of tokens helps to reduce the token supply and increase the value of the token.
The Ghanian school, built by Floki, was officially inaugurated on January 30, 2023. The Floki team hopes that this initiative will help to promote education and provide opportunities to the local community. The team believes that access to education is a fundamental right and is committed to providing educational opportunities to people in need.