The RFOX VALT retail and entertainment metaverse experience is a product of RFOX, one of Web 3.0’s trailblazers.
Metaverse landowners are becoming more prevalent as the world catches on to the potential of commerce inside virtual environments. This realization led to a metaverse real estate group making a purchase of over $2M on a single plot of land inside Decentraland.
The market certainly didn’t cooperate, with most cryptographic coins and tokens on a downtrend during the 36-hour auctions for 25 plots inside Arkamoto, the future home of KOGs NFTs and Yield Guild Games.
But that didn’t stop the virtual environment from collecting 291 $ETH tokens, the equivalent of $1.2M when the final auction hammer fell. Prices ranged from 19.8 $ETH at the top, all the way down the bargain-basement price of 7 $ETH.
And, in the RFOX tradition of looking after token holders, a significant portion of the Arkamoto proceeds are headed out the door:
- 45% (131 $ETH) will be used to buy $RFOX tokens at market prices
- 861k $RFOX tokens are being sent to a wallet from which they cannot return
- A massive 1.3M $RFOX tokens will go to the pools on RFOX Finance to reward the holders of $VFOX
Have you seen the new roadmap on the rebranded RFOX.com? It not only dives into RFOX history but also lays out chronological events and product launches across all RFOX ventures.
Bear in mind that things can and will change along the way. There’s no Googling the solutions to roadblocks RFOX will face as it builds an appealing and user-friendly metaverse environment.
Don’t forget that if you missed out on winning an Arkamoto SHOP, you might pick them up on the OpenSea secondary marketplace. And even better, there are still two more auctions ahead of us.
I can only hope to be a landowner inside the metaverse. How about you?