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LONDON - Cryptocurrency project Floki has released its blockchain-based massively multiplayer online role-playing game (MMORPG) Valhalla, according to a press release statement issued Tuesday.
The Norse mythology-inspired game went live on June 30 after more than three years of development, marking a significant pivot for Floki from its origins as a meme token toward becoming a gaming platform.
Valhalla features turn-based tactical combat, NFT-based characters called Veras, and an open-world environment where players can earn rewards through gameplay. The game operates on a play-to-earn model powered by the FLOKI token.
"This is not just about putting a game on-chain - it’s about making blockchain gaming better," said Pedro Vidal, Community Relations Officer at FLOKI.
The company has allocated millions from its treasury to fund in-game rewards and further development. Floki has also announced a partnership with esports organization Method, known for its World of Warcraft community presence. Under this agreement, Method will create content supporting Valhalla and feature the game on its official jersey throughout 2025 and 2026.
Former "Game of Thrones" actor and strongman competitor Hafthor Bjornsson provided an early preview of the game on his Twitch channel prior to launch.
The blockchain gaming sector has seen significant growth, with market value estimated at $7.1 billion in 2024 and projections suggesting it could exceed $25 billion by 2030, according to industry data cited in the press release.
Valhalla aims to differentiate itself in the growing blockchain gaming market by offering NFT ownership of in-game assets and multiple earning opportunities while maintaining focus on gameplay quality.
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