Getting deeper and deeper into building the metaverse of the future is RedFOX Labs, based in Vietnam. South Korea’s largest blockchain project is ICON network, operator of the $ICX token and tech innovator since 2017.
What do the two organizations have in common, other than using blockchain tech to make the world a more equitable place? Well, now that they’ve joined forces, they have a literal common ground, albeit digital.
The ICON network is joining the Callinova region inside RFOX VALT, the first of four quarters to come online. The VALT’s MVP is due in December 2021.
ICON’s version 2.0 MainNet is an interoperable aggregator. Data from multiple networks — Binance Smart Chain, Polkadot, and more — all settle on a single layer. This technology is very appealing for the team at RFOX.
To showcase their many products, ICON will set up a virtual space for consumer interaction. Come learn about how holding $ICX can be a boon, all in VR!
ICON and its progressive tech are bringing many benefits to the VALT:
- The innovative Blockchain Transmission Protocol makes it easy to move digital assets among different networks
- ICON’s wallet holders are approaching 900,000 and that vibrant community will help VALT activity and user count
- The ICON network is enterprise-level and can fully support the expected influx of VALT visitors
ICON is on track to hit 1M wallet holders in 2022, and VALT visitors will help drive that number up. That’s especially true if the two teams conceive a way to make it even more rewarding to hold $RFOX and $ICX at the same time.
In the dApp department, ICON is heavy into DeFi. Staking opportunities abound within their product ecosystem, similar to what RedFOX Labs does with yield farming and staking on RFOX Finance.
Both projects are keen to elevate the value of being a token holder. We can expect a significant innovation to arise from ICON’s entrance into the RFOX VALT.