Introduction

Don’t be fooled by the name, the only ‘red’ on your radar should be the alarm bells of what this project is looking to do and achieve. RedFOX is looking to integrate gaming, DeFi, NFT and collectibles, the virtual space and even provide E-Commerce channels all as part of the RedFOX Labs Platform.

The diagram below highlights the integrated nature of the ambitions of this project and integrated well into the hub of South East Asian markets (forecasting aggressive development growth and technological adoption) all setting up for the perfect storm for ‘RFOX’. The $RFOX token as noted below is at the “lifeblood” of the ecosystem shown below and for each function of the network this is where utility and adoption further drives demand and we are pumping!

In this blog post the following will be covered:
• Team
• RFOX Valt and Upcoming Sale
• Tokenomics
• What is launching?
• Timeline of deliverables
• Where to buy tokens from?

Team

Foxes are quite curious animals and are known for the canine qualities of passion, loyalty and creativity. All of which is embodied at RedFOX labs once you see the team. I have been following Ben Fairbank since ‘Bitcoin Benny’ days in 2017 and his former days as the General Manager of Komodo.

The team at RedFOX does weekly updates known as ‘Friday Fireside updates’ that definitely are fantastic at keeping the community up to date and interviews with other popular crypto personalities such as Davinci J15. Mike Novogratz? Yes sir - Galaxy Digital invested in RFOX back in November 2020.

RFOX Valt and Upcoming Sale

It is very rare that you will see projects provide weekly video updates and display such transparency of what is currently “in the works” and what are the issues and when they expect to deliver. Which brings us to the main topic of discussion RFOX Valt and the upcoming shop sale.

It is no surprise that virtual reality and the virtual space is the future looking forward as several projects such as Decentraland have seen unprecedented demand for its virtual land. The metaverse and direction of RedFOX is further reinforced by the fact that this is something that the “big tech” companies by the likes of Facebook are exploring.

RFOX Valt combines the best of both worlds – integrating AR and VR technology to create a virtual shopping arena for gamers. Just see the video below for an introduction of what is to come. Quite simply the RFOX token is the main method of payment and exchange for all virtual assets and the metaverse and there is also a VFOX token however this is noted as more of a ‘reward’ token think of this as loyalty points for different purchases and usage of RFOX for specific events.

Video link (teaser) - https://www.youtube.com/watch?time_continue=2&v=XxAHf_FFvBo&feature=emb_logo

Tokenomics

To break down the tokenomics of the RFOX Valt ecosystem - the breakdown below shows the following allocations to:

• Grants for Tech Integrators (Growth is through integration – the more the merrier as I see it!)
• Marketing (Recently RedFOX Purchased MyMedia in February 2021 which has 13 million followers and formed a partnership with Miss Universe Phillipines who have great supporting audiences to further expand and network in the South East Asian economies)
• Development of RFOX Valt (It doesn’t end at the launch – RedFOX is always building)
• QTR Master Reserve Funds (Don’t we all love rewards?)
• Staking/Farming (This is great if you want to compound your ‘bags’)
• Token burn (this reduces the supply and is effectively ‘bullish’ for the token price as basic economics i.e. less supply and growing demand)

What is launching?

There are further partnerships yet to be announced as Ben Fairbank mentioned in the Week 33 AMA and the goal of the launch of the THREE-white label NFT launches are intended to be launched next month (September 2021). Not one, not two but potentially THREE. RFOX media will also be launching POTENTIALLY next month and there has been a long wait by most of the community that have been with the project since inception.

September looks to be a blockbuster month! TLDR? Here is the summary from the weekly blog #5 (13-08-2021) itself:
• New VR walkthrough of Callinova Quarter (Shop for Art purchases)
• First advert of the SHOP sale will be released on the 19th of August
• Miss Universe Philippines updates incoming

For more details, be sure to check out the official RFOX website and timeline below: https://www.redfoxlabs.io/rfoxvalt

Timeline of Deliverables

Me gusta – Where do I buy?

Please note that I am not a financial adviser and anything I have discussed is a combination of my opinions and facts from the RFOX blogs, videos and website and I am simply relaying what is to come and what this project aims to deliver.

Please do you own due diligence and research and if you believe in the fundamentals of the project and vision of the team you can purchase tokens in the links below. These are my referrals and hopefully taken as some good karma as it did take several hours to put this blog together.

Coinspot (Australian's only) – https://www.coinspot.com.au?affiliate=UCZKE

Marketing Manager?

Some tweets to some crypto influencers that have gained some positive traction recently. Follow my twitter for free alpha :)

1. https://twitter.com/Eunicedwong/status/1425649621385158658?s=20

2. https://twitter.com/bakeobits/status/1425629155647918084?s=20

3. https://twitter.com/HSydneyHC/status/1426345583782989826?s=20

As always start small and learn big.

Cryptoshaf