RFOX Weekly: The Metaverse Grows with RFOX VALT’s Arkamoto Quarter
RFOX NEWS
RFOX VALT Metaverse Announces Gaming Quarter Arkamoto, SHOPs Auction
RFOX announced the launch of the newest quarter of its upcoming RFOX VALT metaverse: Arkamoto, a gaming-inspired virtual space that is also open to all businesses. To spearhead this launch, RFOX VALT has set the auction of 25 premium SHOPs in Arkamoto on December 9, 2021.
During the upcoming SHOP auction for the RFOX VALT’s Arkamoto quarter, a total of 25 SHOPs will be available for sale to interested parties. For this round, SHOPs will be available for sale in exchange for ETH, which will be used as the cryptocurrency of choice for the auction. Aside from the SHOPs available for auction, Arkamoto will have several areas dedicated to gaming and live e-sports tournaments in the RFOX VALT metaverse.
In the days leading up to the auction, RFOX will unveil more details about Arkamoto, including additional details of the SHOP sale, use cases for the quarter, and more. These upcoming updates are geared towards giving auction participants and the general public a more comprehensive picture of the prospective value and utility of the gaming-inspired quarter.
CoinGecko Joins the RFOX VALT as a Marquee Client
The RFOX VALT welcomes CoinGecko, the trusted source of information by millions of cryptocurrency investors, as its newest Marquee Client. RFOX VALT, a virtual world focused on shopping, retail, and entertainment experiences, will introduce CoinGecko to the metaverse space and offer its users, community, and clients a chance to interact with its products and services in virtual reality (VR).
“The metaverse sector is growing at a very rapid pace. We at CoinGecko are excited to participate in RFOX VALT and build in this decentralized metaverse. We will inevitably be spending a lot of time in the metaverse very soon and can’t wait for this future to come along,” said Bobby Ong, co-founder and COO of CoinGecko.
RFOX CEO Interview on Paul Barron Network
Our CEO Ben Fairbank was interviewed on the Paul Barron Network, a popular and respected online media channel for crypto and blockchain. During the interview, Ben conversed with Paul Barron about the ultimate metaverse ecosystem that RFOX is envisioning through the RFOX VALT and the rest of the RFOX ecosystem. Watch the interview here.
MORE FROM RFOX
RFOX VALT
What To Expect from the Upcoming Arkamoto SHOP Sale. In the latest AMA with Ben, the RFOX CEO discussed the launch of the Arkamoto gaming-inspired quarter of the RFOX VALT, including his expectation for the SHOP auction, current and future partnerships, and more. One topic Ben talked about was the decision to use ETH for the upcoming. SHOP sale. “What we’re going to do is just take the ETH and then purchase RFOX from the market, so it’s going to work out well for holders as well. But we have to have that wider appeal… we need outside interest as well and that’s going to come through,” he said.
RFOX Games
KOGs: SLAM! Open Beta Starts November 30. You can download KOGs: SLAM! Open Beta from Google Play Store by the end of the month, with iOS launch coming soon. In the Open Beta version of the game, you can use your KOGs from any edition in the game, earn rewards from daily missions, get exclusive KOGs, and more. Create your RFOX ID now to pre-register for the game.
RFOX Media
Presenting: A Metaverse for Everyone. This week, RFOX Media has released a three-part series on RFOX Academy, discussing the metaverse and RFOX’s role in it. Read through the series’ articles: Understanding the Evolution of the Internet, What Companies Get Right and Wrong About the Metaverse, and The RFOX Ecosystem’s Role and Vision. (Plus, a bonus article on the metaverse: Building an Interoperable Metaverse.)
INDUSTRY NEWS
BTC network surpasses PayPal in transfers processed. The Bitcoin network already processes more volume by dollar value than PayPal and is projected to surpass MasterCard in that category as early as 2026. (Source: Cointelegraph)
Metaverse may be worth $1T soon, says report. Crypto investment company Grayscale published a report estimating that the market opportunity in the metaverse may be worth $1 trillion in the next few years. (Source: Cointelegraph)
Gemini raises $400M for potential metaverse entry. Tyler and Cameron Winklevoss are raising capital for crypto exchange Gemini, which is expected to venture into the metaverse that will counter the upcoming metaverse of Facebook, whose founder Mark Zuckerberg has a long-standing feud with the twins. (Source: Forbes)
Pokemon Go maker creates AR game with crypto rewards. Niantic is working with financial company Fold to create an augmented reality (AR) game that rewards participants with Bitcoin, among other prizes. (Source: The Verge)
This RFOX Weekly roundup is for the week of November 13 to 19, 2021.
