Coming at you on December 9 is a land grab for the highly coveted gaming quarter inside the RFOX VALT retail and entertainment metaverse.
Judging by the success of the arts quarter, Callinova, we can expect some high prices inside the metaverse’s gaming region. The first sale took place with $RFOX as the only accepted payment method.
Shop #1 sold for over 2M $RFOX tokens, which was roughly $100,000 at the time. At today’s prices, those same $RFOX tokens are worth 6x more. That’s great news if you hold $VFOX!
You see, $VFOX holders get a cut of all purchases inside the VALT. But since the VALT isn’t finished yet, the RFOX team is giving $VFOX holders a portion of proceeds from each land sale.
Rewards are paid out in $RFOX, via a staking pool on RFOX Finance. So, all those $RFOX rewards given to $VFOX holders continue to increase in value.
Of course, King BTC could decide to run the other direction and bring almost everything down with it, but RFOX is trying to decouple itself from crypto market cycles by building a portfolio of separate business entities.
All RFOX ventures are clicking together inside the VALT, and there’s still plenty of property to be had. Sure, 25 plots of land represented by NFTs were sold during the Callinova auctions.
But that was only 25% of the 100 total available storefronts. The next is coming soon, and plenty of players are going to want a piece of the action.
Playing in Sato’s arcade
Satoshi Nakamoto is one mysterious mofo. It’s also likely that it’s not an individual but a tight group of coders that got together to create the Bitcoin network and give its creator a fake name.
Whomever it is, we owe them a lot! The world is entering a new financial era thanks to Nakamoto’s invention. We now have an easy method of transferring value, without a slow and expensive intermediary.
I don’t know Satoshi, but I bet he’s a gamer. And team RFOX is paying homage to Mr. Nakamoto by naming the VALT’s gaming quarter after him!
If you combine the words “arcade” and “Nakamoto,” you can make lots of new words. But RFOX chose “Arkamoto” and that’s the name of the VALT’s upcoming gaming quarter.
Inside this area, you’ll find fierce gaming competitions and esports tournaments. You’ll also find plenty of KOGs NFTs and can look forward to seeing them pop out of vending machines, the originator of the smart contract. Enter the right item, press the right button, and the object of your desire will materialize before you.
Do you want in on the metaverse revolution? If you have some $ETH on hand, you can place a bid during the Arkamoto auctions and become a metaverse landowner!
Once again, only 25 are available. And since gaming and the metaverse go together like mango and sticky rice, we can expect some big bids this time around the auction block.
Callinova’s auctions didn’t have nearly the same amount of hype. Only a few months ago, it was hard to wrap your head around what the metaverse even is. But now, partially in thanks to Facebook’s rebrand to Meta, it’s on all the tech-heads’ lips.
RFOX has some big plans for what to do with all that sweet $ETH pouring in. Turns out the project is only keeping 55% for itself, with the other 45% going towards community initiatives.
As this Why ETH article explains, it’s a great time to be holding tokens from the RFOX multiverse. Thanks to the potential value boost in both $RFOX and $VFOX tokens, you don’t even need to be a SHOP owner to profit from the metaverse!