Floki Postpones Valhalla Launch for Enhanced Security
- Valhalla’s launch delayed to Q1 2025 for improved security measures.
- Hacken and OpenZeppelin recommend changes to enhance user and asset safety.
- Valhalla’s P2E economy backed by a $60M treasury for a thriving ecosystem.
Floki, known for the FLOKI memecoin, has recently announced a delay in the launch of Valhalla, their flagship play-to-earn (P2E) game.
Security Concerns Prompt Delay
The delay was initiated following feedback from blockchain auditing firms Hacken and OpenZeppelin, who recommended changes to the Valhalla smart contracts for improved security.
Implementing these suggestions is crucial to ensure the safety of users and assets within the ecosystem, according to Floki.
Valhalla’s Vision and Financial Support
Valhalla, in development for three years, represents a significant milestone for Floki. The game aims to introduce a robust P2E economy supported by a treasury valued at nearly $60 million.
The substantial financial backing is intended to ensure a thriving in-game economy and strengthen Valhalla’s position in the competitive metaverse gaming industry.
The team emphasized their commitment to security and user trust, highlighting the importance of safeguarding assets within the Valhalla ecosystem.
Popularity and Future Prospects
Despite the delay, Valhalla has garnered significant attention for its potential to disrupt the gaming and blockchain industries. The game’s immersive metaverse environment and innovative economic model are expected to resonate with players and investors.
With transparent communication and a focus on security, Floki aims to solidify Valhalla as a pioneering force in the metaverse gaming landscape.
