Ho Chi Minh, Vietnam, November 24, 2021 (GLOBE NEWSWIRE) – Today, metaverse builder RFOX announced the final quarter launch of its upcoming RFOX VALT metaverse: Arkamoto, a gaming-inspired virtual space that’s also open to all businesses. To lead this launch, RFOX VALT has set the auction for 25 SHOPs available in the gaming district on December 9, 2021.
The RFOX VALT is a fully immersive, virtual reality-focused retail and entertainment experience in the metaverse that combines game elements, bringing together the best of crypto through NFTs and real-world e-commerce, gaming applications. , entertainment, and more.
RFOX officially unveiled the RFOX VALT in September 2021, when it launched the RFOX VALT SHOP auction in the metaverse arts-inspired district of Callinova. During this auction, all 25 SHOPs, or virtual spaces dedicated to metaverse-based stores for various businesses, were sold for a total of 29,503,803 RFOX, worth 1.4 million euros. dollars at the time.
Arkamoto, RFOX VALT’s new gaming district, takes its name from the combination of the words “arcade”, referring to popular gaming machines in public places, and “Nakamoto”, after Satoshi Nakamoto, the creator’s pseudonym. / s of Bitcoin. In addition to the SHOPs available at auction, Arkamoto will also have several spaces dedicated to games and e-sports tournaments live in the RFOX VALT metaverse.
At the next RFOX VALT Gaming District SHOP auction, a total of 25 SHOPs will be available for sale to interested parties. Auction winners will receive their SHOPs as an NFT, which will give them access to tools to customize their 3D SHOPs with different interior designs and textures, as well as to manage their NFT assets for sale.
For this round, the SHOPs will be available for sale in exchange for ETH, which will be used as the cryptocurrency of choice for the auction. RFOX intends to use the ETH collected during the auction to repurchase RFOX on the market.
Ben Fairbank, CEO and Co-Founder of RFOX, said, “The metaverse will change the way we interact with people, buy products and services, and experience entertainment. We’re excited to welcome new Metaverse entrants through our RFOX VALT Arkamoto Gaming Inspired Neighborhood SHOP auction. Together, we will be the trailblazers who have a key advantage as the world capitalizes on Metaverse technology for years to come. “
RFOX is a Southeast Asia-based metaverse builder with a mission to be the global leader in immersive retail, media, gaming and rewards-driven metaverse experiences, via the RFOX VALT metaverse. The company has built the RFOX ecosystem of products and solutions that include online games, white label NFT platforms, crypto-financial products, digital media platforms, and more. Its primary token is RFOX, the digital asset that powers the RFOX metaverse ecosystem and its immersive technology.