The RFOX VALT metaverse aims to be chain-agnostic by welcoming participants from all over the blockchain.
Getting there means not only hiring at a rapid pace but inviting the right ecosystem participants to come set up shop inside their upcoming virtual world.
And with the launch of the KOGs Mint Lab, RFOX Games just invited one of the Etheum platform’s most active NFT communities — the Bored Ape Yacht Club.
A few weeks ago, RFOX purchased Bored Ape #5503, and the team is already putting their six-figure purchase to good use by allowing Ape holders to mint five new KOGs every month.
RFOX Games got the ball rolling with a successful Bored Ape KOG auction, but there’s much more in store for BAYC members. Let’s answer a few questions!
Question 1: What was the average price in USD for a winning bid?
The first batch of 5x “Minty” the KOG sold for an average of $3,700 each. Mint #2 took the crown with a price of $5,490.
Question 2: How often can Bored Ape Yacht Club members mint new NFTs?
Each wallet is limited to 5 NFTs per month. And at least for now, one Bored NFTs are eligible. But we can expect more in the future.
Question 3: What do BAYC members gain by minting Bored Ape KOGs?
Income is only part of the equation. Although the first set went for over $18k, every NFT is unique in price. That said, it’s not uncommon for a BAYC member to begin bids for 1 NFT at the same price they paid to mint 5.
Question 4: Do Bored Ape KOGs function in KOGs: SLAM!?
Yes! The free KOGs: SLAM! Play-to-Earn mobile game is coming very soon, and Bored Ape KOGs act as in-game assets.
Question 5: What’s this I heard about Bored Ape KOGs acting as lotto tickets?
RFOX’s media division runs a white-label NFT platform that will launch multiple collections inside RFOX VALT. Some of the drops will be limited runs of (most likely) 10,000 units.
Holding a Bored Ape KOG gets you a shot at being one of the first to mint a profile picture (PFP) NFT.
Question 6: Where can I buy KOGs NFTs?
The best place to get all types of KOGs is on the AtomicHub marketplace.
Going all the way back to the 1st edition, you can buy and trade KOGs, including the Bored Ape variety, but will need a WAX cloud wallet to get going.
Question 7: Which cryptocurrencies are powering the VALT metaverse?
In addition to non-fungible tokens, RFOX is responsible for a pair of fungible tokens, $RFOX and $VFOX.
$RFOX is the transactional currency used for buying physical and digital goods and services inside the VALT. $VFOX is a reward token entitling holders to 1% of all $RFOX transactions occurring in the VALT metaverse.
Both tokens now trade on RFOX Finance, which also offers yield farming and single-asset staking. If you haven’t jumped on the RFOX rocketship, hop aboard while $RFOX is still under $1 ;-)