The metaverse builder RFOX won’t stop creating the future virtual landscapes made for everyone.
The first time, when the team was selling plots in the Callinova artist quarter, the 25 spaces available went for about 1.7 million US dollars. Buying with $RFOX token was the only way to win a bid during the auction.
I was wrong when I told you the virtual land in the Arkamoto video game quarter would sell for much higher prices. I believe we can say it was the wrong market conditions that held the auction prices down.
When all the big cryptos like bitcoin and ethereum are down and dragging the rest of the market with them, that’s a signal that investor confidence is low. If the auctions took place during some green candle days, we probably would have crossed $3M.
But $1.2M is a great success! That means we have almost reached $3M in total funds gathered for building the VALT. Because RFOX is a generous organization much of the 291 $ETH collected is going back to the community in one way or another.
A burn is part of it and also giving some $RFOX tokens back to the $VFOX holders. If you have $VFOX you can stake them on RFOX Finance and get some $RFOX back in return.
We also see that RFOX has changed from the RedFOX Labs name. The new website is RFOX.com and you will find it much easier to learn about the complex RFOX ecosystem.
Congratulations to all the Arkamoto auction winners! I think everyone had a great bargain and will be very happy with their purchase in 2022.