Put on your moon boots because we have liftoff in the RFOX VALT metaverse. Not talking about token prices here, but I have a feeling that’s about to arrive as well.
Last month’s VALT SHOP auction showed us that a six-figure sales price wasn’t out of the question. Only 25 SHOPs went up for auction, which means only 25 MEGAMOON NFTs exist.
And those moons have actual utility. Don’t want to just stare at your NFT and enjoy its aesthetics? MEGAMOON NFTs are now available on OpenSea with a floor price of 21 ETH.
Why would anyone be willing to pay over $70.000 for this particular NFT? Because it’s an all-access pass for a wide variety of activities inside the VALT.
The VALT has a focus on retail. But there’s so much more to do and see than shopping. Don’t think of the VALT like a shopping mall. Picture it as a digital Disneyland with gift shops along the sides.
There will be games. There will be live music. You can watch pro gamers go head-to-head in tournaments. You can even participate in NFT tournaments yourself. And it’s all equipped for VR. Did I mention there’s a roller coaster?
As you can imagine, plenty of events will occur throughout the VALT’s 4 quarters. You may catch a show in the music quarter before riding a space train to the arts quarter to visit a gallery.
There will be static stores as well as rotating events. And it’s those events that give the MEGAMOONs NFTs their utility:
- MEGAMOON NFTs grant access to all in-VALT events hosted by RFOX for 3 years
- Holders of MEGAMOON NFTs have bragging rights for being linked to the very first land sale inside the VALT, which is destined to become a multi-purpose wonderland populated by thousands of concurrent visitors
I won’t apologize for being overly bullish on what the RedFOX Labs is building. The good news is that outside of owning a SHOP or MEGAMOON NFT, you can benefit by holding RFOX and/or VFOX tokens.
By holding VFOX tokens, you’re part-owner of the VALT metaverse and all of its transactions. One percent of everything purchased in the VALT goes back to VFOX holders.
That one percent is paid in RFOX tokens, the transactional currency that underpins every VALT purchase. Since they complement each other so nicely, I choose to hold both.