Our upcoming RFOX VALT is a fully immersive discovery shopping and retail experience in that combines gaming elements to form its own standalone virtual metaverse.
You can buy $RFOX and $VFOX tokens and participate in the upcoming yield farm to receive $VFOX. $VFOX holders will receive a share of sales made in the Virtual Space, paid quarterly. Ultimately, you will be locking up both $VFOX and $RFOX. You will then receive a liquidity provider token (like a receipt). You will then put that token into a pool, and as a result, you will receive $VFOX as a reward.
This will be based on a number per week. For example, in the first week, 5 million are released and that is divided equally amongst the pool based on the percentage of the pool you hold.
No. However, RedFOX Labs is working towards listing with major exchanges.
Every single transaction inside RFOX VALT runs through $RFOX token in one way or another.
Because there are 21M $VFOX and we want all the $VFOX in circulation by the time the rewards for $VFOX holders get paid out. The rewards are a percentage of all transactions that go through RFOX VALT.
As far as loans are concerned, we have a number of projects that want to join us that are heavily involved in the DeFi space. Loans, collateral, and stablecoins are in the pipeline.
There is no pressing need for us to have our own wallet.
On Binance Smart Chain compatible wallets such as Trust Wallet or Metamask.
Yes. $VFOX holders will receive a percentage of all transaction volume. It will be based on the amount you hold at a certain date.
There will be additional bonuses allocated from land and shop sales.
Yes. At first, it could only be purchased with $RFOX. Now we have RFOX-BNB liquidity pool that will allow hops through other tokens.
At this stage, it will just be for receiving rewards but there is potential for additional utility in the future.
There will be multiple forms of payment methods including crypto, fiat, and credit cards. All transactions will run through $RFOX before they are settled via the payment method.
VFOX holders will receive a share of 2% of all auction proceeds, asset sales, and transactions. Some special sales may yield a higher amount. When RFOX VALT expands to other regions, $VFOX holders will also receive a percentage for those sales.
There will be 100 (of 120) plots for sale to the public. They will not be increased or decreased at the main level, but there will be local launches in each of the SEA countries. There may be the opportunity to increase at a local level for individual countries such as Indonesia, which have a larger population.
There will be explainer videos to cover all aspects of RFOX VALT.
We are implementing measures to reduce the impact on those front-running bots.
This token allows us to pay some of the revenue to holders, burn some $RFOX and then also create an avenue to provide staking rewards to $RFOX holders in the form of $RFOX for an indefinite period of time. There is no other structure exactly like this and without $VFOX none of any of this would be possible.
The RFOX VALT teaser reveals an early stage conceptual build of a potential office design for the RedFOX Labs team. Over the coming weeks, more details will be revealed on exact shop sizes and the city map will be released showing the location of the individual stores. We don't want to give away too much of the secret sauce quite yet but can say we are really excited about how everything is shaping up!