Metaverse continues to attract attention on social media domestically and abroad, attracting the “giants” of the gaming, social media and tech industries to follow its maturing progress.
Since the Metaverse concept was born, there have been several expected features such as Metaverse games using virtual reality technology and promoting global trade 24/7. Everyone has the opportunity to earn money through digital currencies, cryptocurrencies. Joining the list of companies that offer a comprehensive Metaverse experience is RFOX.
Let’s find out what RFOX can offer:
What is Metaverse?
There are many ways to describe the Metaverse but in the simplest term, Metaverse is a digital space occupied by people in real life represented digitally. However, it is not limited to individuals. There are also other objects and locations. High-tech companies believe that the Metaverse virtual universe is not only a place to vividly reproduce real-life experiences in a digital environment, but can also integrate the two environments together.
Key technologies used will include human-machine interface devices such as VR and AR glasses, multi-dimensional graphics, AI technology, algorithmic power, software, and hardware to create user avatars in Metaverse.
Additionally, the metaverse has one goal: to bring people together. From that, it’s inferrable that the digital space can also include real-life situations involving real-time transactions. Since everyone is hyped about Metaverse, industries like games, fintech, and other businesses are gradually getting more involved making it the most anticipated trend in the near future.
For example, Meta (formerly known as Facebook) announced that it envisions the Metaverse virtual universe as an alternative to the internet. People with digital avatars can connect to each other through VR headsets for any purpose like work, travel or entertainment.
Expectedly, the Metaverse will give new meaning to online interaction with other industries, betting on its success aligning with theirs.
About RFOX
RFOX is a venture and general construction company based in Southeast Asia. They build interoperable metaverse focused on retail, entertainment, gaming, and rewards. Their cause is to create immersive metaverse experiences to address inequalities taking place in the digital economy.
In addition, RFOX is in the race to thwart old business models using exemplary user experiences with a blend of cutting-edge technology. Thus, making it the leading innovator in the Metaverse space.
RFOX, short for RedFOX Labs, has been in the metaverse industry since 2018, well before Zuckerberg’s announcement about upgrading Facebook to Meta.
RFOX’s vision is to be the global leader in immersive metaverse experiences. As a company, RFOX has succeeded in scaling tremendous growth through bold venture development and acquisitions.
In fact, investors who entrusted their success on RFOX token have seen a significant increase of more than 1000%, especially the price increase recorded in just over ten months since February 2021.
Although it’s still undervalued compared to other Metaverse spaces, this is also the reason that RFOX can present a great opportunity for its investors and brand partners. Thus making it the leading innovator in the metaverse space.
What Is RFOX Token?
RFOX token, also termed RFOX, is the main cryptocurrency and utility token used by RFOX. RFOX token is a form of digital payment that investors and users can use for any transaction occurring in the RFOX VALT metaverse, like creating and trading NFTs and more.
Aside from being used for its ventures, RFOX token’s utility can extend to related businesses and partnerships that RFOX has secured.
The RFOX token is currently available on the following exchanges: PancakeSwap, KuCoin, Liquid, Gate.io, Uniswap, Loopring, Bittrex, Xanpool and CoinSpot.
Moreover, RFOX is currently innovating more ways for the RFOX token to be used for more payment settlements across several chains. They are creating a single log-in system, additional wallet integrations, and additional provider integrations.
RFOX VALT
The RFOX Valt is designed to provide an immersive Metaverse experience for investors and users. It is driven by virtual reality, retail and entertainment. It also brings together elements of the game Metaverse. Besides, it combines the best cryptocurrencies through NFT and even real-world applications of entertainment, gaming, e-commerce and more.
Moreover, RFOX VALT is equipped with a gaming quarter called Arkamoto, which is derived from the words ‘Arcade’ and Satoshi ‘Nakamoto,’ the pseudonym used by the creators of Bitcoin.
Recently, RFOX VALT announced a new sale of Arkamoto on December 9 at 12 PM (GMT+8) with brands like Icon and CoinGecko joining the RFOX VALT. Everyone invested in RFOX benefits from each venture by exhibiting all products and services offered across the RFOX ecosystem in one central platform.
RFOX Ventures
RFOX is also a term that refers to the ecosystem where RFOX tokens are used in terms of payments and utility. Over the past few years, RFOX has developed business ventures across high-growth sectors in several industries such as the technology industry, gaming, digital finance, online media, NFT assets, e-commerce, etc
Here are some of the ventures in the RFOX ecosystem:
- RFOX Finance
This venture engages in a localized financial market. With RFOX Finance, everyone can access decentralized finance products through yield farming, swapping, supplying liquidity, and single-asset token staking. RFOX tokens can be used to fund RFOX Finance’s crypto token farms and staking pools.
- RFOX Games
RFOX Games is one of the ventures established to create metaverse games using emerging technologies. It has a play to earn (P2E) business model, while users and investors can use RFOX tokens to buy Keys for other games (KOGs:Slam), a collective, playable and tradable NFT.
Everyone can also earn tokens on KOGs: SLAM! by exchanging KOINS, an in-game currency. It’s a free-to-play, play-to-earn blockchain game.
- RFOX Media
RFOX Media was established upon acquiring MyMedia Myanmar earlier this year. This venture focuses on Creating, Playing, and Earning. RFOX Media lets everyone earn rewards in exchange for creating content, playing games, and earning through participation.
- RFOX NFTs
As NFT is a major blockchain-based innovation, RFOX has developed a venture to launch attractive NFT assets in the market. Buying and selling NFTs through this venture can be done using the RFOX token, but the company also supports other distribution methods.
- RFOX E-Commerce Streaming (Upcoming)
RFOX TV and streaming launch are expected to support the e-commerce streaming app. This standalone venture is also anticipated to reach its full potential despite not being in service yet. RFOX tokens will also be used as a payment for this venture.
The metaverse has become the spotlight of opportunity for enterprises. A strong contender like RFOX will be defining the many successes of the metaverse.
Pros
- Using emerging technologies and high-quality interfaces
- Has a complete ecosystem since RFOX is a venture builder
- No traditional build issues to expect
- Has an established team working behind closed doors
- Has smaller market cap but bigger and better offerings
Cons
- Some ventures are not yet released
Now, is there anything else you want to know about RFOX?
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Disclaimer: This article is for informational purposes only, not investment advice. Investor should research carefully before making decision. We are not responsible for your investment decision
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