RedFOX Labs secures 5 million euro investment from Komodore64
A strategic collaboration with RedFOX Labs moving Komodore64 to the global market
The Hague, The Netherlands – Komodore64
Komodore64 invests 5 million euro in RedFOX Labs, a blockchain based tech company that identifies and replicates unicorn business models for emerging markets. This strategic partnership benefits both companies to get a foothold in emerging markets like Southeast Asia.
RedFOX Labs will provide guidance and training programs for employees of video game company Komodore64. A training facility will be set up in Vietnam for the duration of the partnership which is set until 2022. The training center will be used for Komodore64’s near future acquirements in its technical staff – blockchain and game developers, technical artists and support engineers.
Earlier on April 5, 2019, Komodore64 officially announced the partnership with RedFOX Labs – the number one Komodo Platform accelerator. Meanwhile, Ben Fairbank, the co-founder and CEO of RedFOX Labs, is also part of the advisory board for Komodore64. The collaboration between the two parties is seen as a vote of confidence in the future of the global gaming market.
Ben Fairbank, also known as Bitcoin Benny, visited Komodore64 in the Netherlands in early May. With the support of Glen Pearce and the RedFOX Labs team, Komodore64 was able to raise a huge investment.
About RedFOX Labs
RedFOX Labs is a blockchain based tech company that identifies and replicates unicorn business models for the emerging markets. Through blockchain technology they are able to unlock a percentage of the market previously excluded from the internet economy, and at the same time better serve the existing market.
To allow the under-served with effective access to the internet economy a competitive technology is needed. The Komodo Platform is widely considered one of the most innovative in the blockchain space and allows a myriad of entry points and options to explore opportunities previously unexplored. Replicating large-scale unicorn models requires certain core competencies only the Komodo Platform can provide at this time.
For more information on RedFOX Labs, please visit redfoxlabs.io
About Komodore64
Komodore64 is a Dutch video game company creating the next level entertainment experience for everyone. K64 created a blockchain-powered Virtual Console to bridge the gap between game developers and players. K64 Virtual Console is an all-in-one gaming solution. Game studios can utilize our software development kits to create robust entertainment products, and gamers can benefit from a trusted publishing platform and participate in multiplayer gaming on the blockchain. Komodore64, founded in March 2019, has its headquarters in The Hague, the Netherlands with 19 employees and dedicated support from its global community.
For more information on Komodore64, please visit komodore64.com
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