RFOX (RFOX), formerly known as RedFOX Labs (RFOX), aims to offer an immersive metaverse experience across multiple blockchain networks for businesses in the retail, media, gaming, and other industries to establish a presence in the virtual world powered by blockchain technology. The RFOX ecosystem includes the RFOX VALT metaverse, RFOX NFTs, RFOX Games, RFOX Media, and RFOX Finance.
The project, founded by RedFOX Labs - a blockchain venture builder, is driving the future of the internet in the metaverse with the help of its innovative offerings developed using blockchain and virtual reality. Users can enjoy immersive experiences in the virtual world of the metaverse, such as shopping and gaming.
Businesses can use the platform to develop and launch non-fungible tokens (NFTs), Play-to-Earn (P2E) experiences, and decentralized incentivized content. In addition to rewarding users for playing games on RFOX Games, the RFOX ecosystem also supports projects enabling users to create and consume content and earn rewards for their participation.
$RFOX is the native cryptocurrency of the RFOX metaverse ecosystem and is available on Ethereum, BNB Smart Chain, and WAX networks. It has a total supply fixed at 2,000,000,000. The multichain digital asset is used to pay for transactions, purchase, trade NFTs, earn rewards for playing games and consuming content, and even participate in decentralized finance (DeFi) activities.
