Blockchain-based gaming is gaining momentum and traction due to the recent success of Non-Fungible Tokens (NFTs). These blockchain-powered games are largely decentralized in nature and reward the participants with NFTs and in-game currencies, which can both be converted to fiat.
Blockchain games have been welcomed globally but have been especially well received in Southeast Asia where players can earn considerable amounts, with some rivaling local salaries.
Axie Infinity has been a front-runner in this field, but many are complaining the barrier to entry is too high. This is where RedFOX Labs and KOGs: SLAM!, its maiden NFT game, has a distinct advantage, as it offers a free-to-earn model and entry point.
What is KOGs: SLAM!?
KOGs: SLAM! is based on the ‘90s phenomenon POGs or Milk Caps. KOGs: SLAM! is a blockchain game played with flat circular discs called KOGs. Players make a stack of these NFT discs and take turns to drop a heavier "slammer" object onto the stack, causing the discs to be disrupted.
Each player keeps any face-up discs and is to restack the face-down discs, repeating the process until each player has completed 3 turns, at which point the player who collected the most discs wins the game.
KOGs are non-fungible tokens, and each has their own unique traits and rarities. To get started playing KOGs: SLAM!, you don’t need to own any KOGs. But if you wish to enter higher payout tournaments, you need to own 40 KOGs and 1 slammer which can be bought on secondary markets here.
Players of KOGs: SLAM! can earn KOGs or the native RedFOX Labs currency RFOX. RFOX is a multi-chain token currently available on the Ethereum network as well as Binance Smart Chain.
If you wish to swap your RFOX for fiat currency or another crypto there are multiple ways you can do this, some are listed here.
Why will RedFOX Labs (RFOX) Explode in Price?
Many other games introduce a token as part of their game. These tokens then largely depend on the success of the game. This is not the case for RFOX token.
RFOX token has been around for 3 years and is part of a much larger ecosystem. RedFOX Labs is Southeast Asia’s first blockchain venture builder and has a number of ventures either launched or in production, including a retail metaverse, an e-commerce streaming and cashback app, a gaming division, plus a media and TV arm.
RFOX token is not only available to swap for fiat and crypto but is also redeemable across a network of ventures that focus on the 4 fastest growing sectors of the Internet economy. In addition, all RedFOX Labs ventures will intermingle within an upcoming Metaverse, RFOX VALT.
KOGs: SLAM! and its play-to-earn economy will launch in unison with several other key RedFOX Labs ventures, making this one of the most exciting tokens to watch. We can’t find another project that’s building so many interoperable ventures underpinned by a single (yet multi-chain) token!
Unlike other blockchain-based games with their own currencies, RFOX token has broad utility across a number of separate but related ventures.