Floki has postponed the launch of Valhalla to Q1 2025 due to enhanced security measures. Hacken and OpenZeppelin have proposed changes to enhance the safety of our users and assets. Valhalla’s P2E economy is supported by $60 million in funding to ensure the ecosystem thrives.
Floki, the team behind the popular FLOKI meme coin, has announced a delay to the mainnet launch of its flagship Play-to-Earn (P2E) game, Valhalla.
Originally scheduled for release in November 2024, the long-awaited Metaverse MMORPG is set to debut in the first quarter of 2025.
Security issues emerge after Valhalla smart contract review
This postponement was made in response to recommendations from Hacken and OpenZeppelin, two highly respected blockchain auditing firms that reviewed Valhalla smart contracts prior to launch.
Mr. Floki emphasized the importance of implementing these recommendations to ensure the safety of users and their assets within the ecosystem.
Valhalla is an important milestone for the Floki ecosystem, which has been in development for three years. The game will introduce a strong P2E economy supported by a treasury worth around $60 million. This substantial financial support is aimed at ensuring a thriving in-game economy and strengthening Valhalla’s position in the competitive Metaverse gaming industry.
In a statement shared on social media, the Floki team emphasized its commitment to security and user trust. “With great power comes great responsibility,” the update said. “We take seriously our mission to ensure the absolute security of assets and users within the Valhalla ecosystem.”
The decision to postpone was not made lightly, but the team believes it is a necessary step to provide a safe and refined gaming experience. Because the recommended changes will take several weeks to be implemented and thoroughly tested, the launch schedule has been carefully rescheduled to early 2025.
Valhalla continues to grow in popularity even as it prepares for release.
Valhalla has already received a lot of 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 both players and investors, especially as interest in blockchain games continues to grow.
While this delay may test the patience of their loyal fans, Floki’s transparent communication and focus on security underscores their dedication to long-term success.
With this additional time, the team aims to solidify Valhalla as a pioneer in the Metaverse gaming environment.