Published: 17 Jan 2022 › Updated: 17 Jan 2022
Another $1.2M Enters the RFOX VALT Metaverse
- Auctions for another 25 virtual storefronts inside the RFOX VALT metaverse raised 1.2M USD in $ETH, a figure surprisingly smaller than September’s $1.7M raise, most likely due to poor overall crypto market conditions.
- 45% of the proceeds are going towards market-buying $RFOX tokens, which is a significant purchase of $540k taking place in unannounced intervals so as not to disrupt market pricing.
- 1.3M $RFOX tokens will go into staking and yield farming pools as rewards for holders of $VFOX token, now trading on RFOX Finance, with another 860k $RFOX being burnt.
- After beginning its existence as RedFOX Labs, the team has moved out of the laboratory and rebranded, creating the new RFOX.com with much cleaner messaging throughout.
- Courtesy of the exchange’s community-driven BTR Vote event, $RFOX token is now trading on Bitrue against $USDT.
- All participants of the RFOX multiverse, which extends to players of play-to-earn KOGs: SLAM!, are encouraged to enroll in the RFOX ID program, a single sign-on tool from AIKON, an organization in alignment with RFOX’s mission to wield technology in the battle against economic inequality.
- Yield Guild Games, another VALT partner, recently hosted the RFOX Games team for a KOGs: SLAM! AMA.
- The recent ICON partnership is significant for both organizations, and the ICON partnership spotlight article will tell you why.
- With nearly $3M raised to date, which is only the halfway point, we can expect the RFOX VALT to create a high-end, exciting and rewarding metaverse environment.
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