RedFOX Labs is a metaverse project that aims to be the global leader in metaverse experiences. It is an all-encompassing platform, but its focus lies in particular on retail, media, gaming, and rewards. RedFOX was founded in July 2018 and makes use of blockchain technology, artificial intelligence, augmented reality/virtual reality in order to promote mass adoption of its product/

RFOX is the platform’s native digital asset. It powers the RFOX metaverse and all of its technology. At present, it is available on Ethereum, BSC, and WAX, but it is planning to incorporate more chain integrations. The platform also has the VFOX token. It functions as the rewards token of the RFOX ecosystem.

What are RedFOX Labs’ key features and how does it work?

The RedFOX Labs’ ecosystem is made up of various ventures. These span across multiple sectors and include RFOX GAMES, RFOX MEDIA, RFOX FINANCE, and RFOX NFTs. 

RFOX VALT, a virtual reality-driven space that is fully immersive is the core product of RedFOX Labs. It is a metaverse specifically designed for retail and entertainment. RFOX VALT has different quarters, one of which is Arkamatot Auction. 

RFOX VALT operates as the central platform to access all of the other services and products comprising the ecosystem:

• RFOX Games. This venture functions as an interoperable tournament platform, focusing on incorporating Play-to-Earn functionality.
• RFOX Finance operates as a DeFi centric platform. It offers staking, farming, loan facilities as well as insurance.
• RFOX Media was created as a content-driven platform. It will cater to the needs of KOLs, celebrities, as well as brands, and their consumers.
• RFOX TV focuses on providing an immersive viewing experience for users. Its users are rewarded for their time.
• RFOX E-Commerce works as a streaming platform with integrated cashback and rewards. It facilitates two-way shopping.
• RFOX NFT is an end-to-end NFT solution. It aims to allow companies to mint, create, and market their NFTs.

As mentioned, the platform has two tokens, RFOX and VFOX. VFOX rewards users who take part in staking, yield-farming, as well as other activities on the platform. Staking RFOX will earn VFOX, and vice versa.

What can RFOX be used for?

As the native token of the platform, RFOX is the primary payment method for the platform’s services. More specifically it can be used to:

• Conduct transactions across all DeFi services in the ecosystem;
• Purchase and trade NFTs, including KOGs;
• Pay for other in-game items;
• Pay for content on the RFOX MEDIA platform;
• Earn rewards by taking part in RFOX FINANCE services.

However, ETH is used for payment on the Arkamoto SHOP Auction.

Where can you buy RFOX?

RFOX is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Kucoin, Pancake Swap, and Gate.io.

The price of RFOX will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for RFOX market price, please view the price charts on this page.