The name was merely chosen on the poetic basis of ancient Norse texts.
Fólkvangr is the name of the hall of Odin's wife, named "Freyja."
According to Norse mythology, Freyja handpicks the second half of elite warriors who die in combat.
Symbolically, Freyja's hall can be considered a safe haven for suffering women, as evidenced by tales like Egils Saga, in which the daughter of Egill starves to death but finds herself comforted by Freyja in her hall, where she may eat bountifully and forever.
If Egill's daughter is interpreted as a symbol of suffering women carried to Fólkvangr, the same place where the handpicked souls of ancient warriors go to become Freyja's guard—then Fólkvangr is a perfect poetic name for a safe haven for Freyja daughters—the women of Western Civilization.
Meanwhile, for specific men to build Fólkvangr while providing genuine security is poetically tantamount to those warriors Freyja would choose to protect them.
Example: An advanced digital security system for the premises will be provided by Wolven Industries. Three hand-selected men (including Mike Norton) comprised the original physics and engineering team of the company to make such technology possible.