- Floki postponed Valhalla’s mainnet launch to Q1 2025 to enhance security measures.
- Hacken and OpenZeppelin recommended changes to improve user and asset safety.
- Valhalla’s P2E economy is backed by a $60 million treasury to support a thriving ecosystem.
Floki, the team behind the popular FLOKI memecoin, has announced that it will delay the mainnet release of its flagship play-to-earn (P2E) game, Valhalla.
Originally scheduled for November 2024, the metaverse MMORPG will now launch in the first quarter of 2025.
Security concerns emerged after Valhalla’s smart contract review
The delay follows recommendations from Hacken and OpenZeppelin, two respected blockchain audit firms that reviewed Valhalla’s smart contracts prior to launch.
Floki emphasized the importance of implementing these recommendations to ensure the security of users and their assets within the ecosystem. Valhalla represents a major milestone for the Floki ecosystem, having been under development for three years. The game is designed to feature a robust P2E economy supported by a treasury approaching $60 million.
This substantial financial backing aims to secure a flourishing in-game economy and reinforce Valhalla’s position in the competitive metaverse gaming sector. In a statement shared on social media, the Floki team underscored its commitment to safety and user trust.
“With great power comes great responsibility,” the update reads. “We take seriously the duty to ensure the absolute safety of assets and users within the Valhalla ecosystem.”
The decision to delay was not made lightly, but the team described it as a necessary step to provide a secure, polished gaming experience. Implementing the recommended changes and conducting thorough testing will take several weeks, prompting the careful move of the release to early 2025.
Valhalla’s popularity has grown during its pre-launch phase
Valhalla has already attracted significant attention for its potential to disrupt the gaming and blockchain industries. Its immersive metaverse setting and innovative economic design are expected to appeal to both players and investors, especially as interest in blockchain gaming continues to grow.
Although the delay may test the patience of eager fans, Floki’s transparent communication and focus on security highlight the team’s dedication to long-term success. With additional development time, the team aims to strengthen Valhalla’s position as a pioneering force in the metaverse gaming landscape.