RFOX NEWS

RFOX Joins BAYC, Buys Bored Ape #5503

Introducing the KOGs Mint Lab: Make Your Own Multipurpose NFTs

RFOX Games, the play-to-earn gaming venture of RFOX, has unveiled the KOGs Mint Lab, a new platform that allows NFT holders to generate new multi-purpose NFTs out of the digital assets they already own. Through the KOGs Mint Lab, NFT projects and owners get new opportunities to create more assets that the greater NFT community can enjoy, particularly in the form of playable, tradable KOGs (Keys to Other Games).

With the KOGs Mint Lab, you can use your existing NFT and mint five (5) new NFTs monthly that act as digital game pieces that can be sold on the secondary market or used to play in several games in the future. These newly generated NFTs will also act as tickets to a whitelist lottery system that could grant access to the latest PFP (profile picture) NFT-based release, making this the hottest ticket in town.

New AMA with CEO Ben Fairbank

With all the recent developments throughout the RFOX ecosystem, it could be hard to keep track and catch up. Let our CEO Ben Fairbank help you out, through a recent AMA where he answers your burning questions about the latest events within the ecosystem. During this AMA, he also shares his thoughts and projections for the upcoming Gaming Quarter of the RFOX VALT, including how KOGs: SLAM! and the NFT platform will integrate in that quarter.

MORE FROM RFOX

RFOX VALT

Main Story: BAYC, Harambe, YGG, KOGs, and More Under One Roof. Ahead of its launch, RFOX VALT is shaping up as a convergence point for some of the hottest NFT assets around. Just a month after providing a sneak peek of how KOGs are being featured in the VALT, the RFOX ecosystem has struck partnerships and collaborations with several movers and shakers in the metaverse scene.

First, RFOX entered a new collaboration with Harambe Protocol, under which the RFOX VALT will host Harambian NFTs, with up to 18 RFOX-themed designs in the works. Yield Guild Games recently entered as major Marquee Brand participant in the RFOX VALT, allowing us to show what the VALT can do to expand the profiles and reputations of major brands. And now, with RFOX’s acquisition of Bored Ape #5503 and inclusion in the BAYC, followed by the launch of the KOGs Mint Lab, we combine the best of KOGs and BAYC to provide another asset type to showcase in the VALT.

Also Happening: We’re Looking for More Artists for the VALT. Are you an aspiring artist or NFT creator who wants to enter the metaverse and see your work in the RFOX VALT? Apply for the RFOX VALT Grants program. We're giving away up to $10,000 in grants to select, talented individuals or groups.

Also Happening: Thanks for Your Feedback. We recently launched a community survey to get your opinions on how the RFOX VALT and the rest of the RFOX ecosystem should grow. As the survey draws to a close on October 29, we want to express our appreciation for the time you’ve put into answering the survey, as well as your valuable thoughts and insights. Together, we will launch a robust RFOX VALT that makes every participant happy.

RFOX VALT

Main Story: Innovation Via KOGs Mint Lab. This week, RFOX Games led the charge in providing more value to the NFT industry via the launch of the KOGs Mint Lab. This also makes it possible for exclusive KOGs to be available for gameplay on KOGs: SLAM! and other upcoming games from RFOX Games, which makes for exciting tie-ups between the games and some of the world’s most remarkable NFTs.

In addition, as more KOGs get created through the KOGs Mint Lab, we take advantage of the earnings we get from the sale of these new KOGs to finance the burning of more KOGs. “We are about to see increased utility for KOGs holders, as scarcity and deflation are introduced by doing mass KOG burns, offering further utility and access to KOGs and CHOOB holders,” RFOX CEO Ben Fairbank said in a recent statement.

Also Happening: KOGs 3rd Edition Booster Pack Sale. RFOX Games is also offering new KOGs, featuring characters such as Shinsengumi, The Sailing master, and more. You only have until October 30 to catch this deal, so buy these KOGs now!

RFOX Media

Main Story: Play-to-Eat Game RFOX Run is Popular in Myanmar. Since RFOX Media launched RFOX Run last week, it has recorded 72,745 players and just surpassed 1 million games played, with more growth to come. Thanks to RFOX Media’s strong reach with 13 million users in Myanmar, plus an innovative Play-to-Eat model where winners can redeem food vouchers for scrumptious Burmese food items on foodpanda, RFOX Run is becoming a success story for us.

Also Happening: More RFOX Academy Content. As part of its mission, RFOX Media seeks to expand blockchain knowledge for the public. Read these new articles from the platform: Crypto Terms You Need to Know, Part One and Amid Overblown Environmental Criticism, NFT Pros Outweigh Cons.

INDUSTRY NEWS

Facebook changes its company name to Meta. In a statement about the name change, CEO Mark Zuckerberg said that his company’s next frontier after social media is the metaverse. He also projected that the metaverse will reach a billion people within the next decade. (Source: CNBC)

El Salvador buys 420 BTC. The El Salvador government bought $25 million worth of BTC and now holds 1,120 BTC, amid this week’s market action, which saw the world’s biggest cryptocurrency drop below $60,000 before recovering. (Source: Coindesk)

Mastercard to support crypto rewards on bank cards. Through a new deal with Bakkt, Mastercard will make it easier for banks to offer crypto rewards for their issued credit and debit cards. (Source: Bloomberg)

40+ crypto ETF line up for US approval. According to Bloomberg Intelligence analyst James Seyffart, over 40 cryptocurrency exchange-traded funds, or ETFs, are now awaiting listing in the United States. (Source: Cointelegraph)

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