- Floki delayed Valhalla’s launch to Q1 2025 for improved security measures.
- Hacken and OpenZeppelin suggested changes to enhance user and asset safety.
- Valhalla’s P2E economy is backed by a $60M treasury to ensure a thriving ecosystem.
Floki, the team behind the popular FLOKI memecoin, has announced a delay in the mainnet launch of its flagship play-to-earn (P2E) game, Valhalla.
Initially scheduled for release in November 2024, the highly anticipated metaverse MMORPG will now debut in the first quarter of 2025.
Security issues raised after Valhalla’s smart contract review
The postponement comes in response to recommendations from Hacken and OpenZeppelin, two highly respected blockchain auditing firms, which reviewed the Valhalla smart contracts ahead of its launch.
Floki emphasized the importance of implementing these suggestions to ensure the safety of users and their assets within the ecosystem.
Valhalla represents a significant milestone for the Floki ecosystem, having been in development for three years. The game is set to introduce a robust P2E economy supported by a treasury valued at nearly $60 million. This substantial financial backing aims to ensure a thriving in-game economy and bolster Valhalla’s position in the competitive metaverse gaming industry.
In a statement shared on social media, the Floki team underscored their commitment to security and user trust. “With great power comes great responsibility,” the update read. “We take seriously the task of ensuring absolute safety for assets and users within the Valhalla ecosystem.”
The decision to delay was not taken lightly, but the team views it as a necessary step to deliver a secure and polished gaming experience. Implementing and thoroughly testing the recommended changes will require several weeks, prompting the cautious rescheduling of the launch to early 2025.
Valhalla’s popularity has grown even as it prepares for launch
Valhalla has already 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 alike, especially as interest in blockchain gaming continues to grow.
While the delay may test the patience of eager fans, Floki’s transparent communication and focus on security underscore their dedication to long-term success.
With the additional time, the team aims to solidify Valhalla as a pioneering force in the metaverse gaming landscape.
The post Valhalla mainnet launch postponed, Floki cites auditors’ feedback appeared first on CoinJournal.
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