• The price of RedFOX Labs has risen by 10% as a result of the upcoming Reebok NFT drop

  • The price of RedFOX Labs has risen by more than 10% today as the market continues to rise. We recently learned about the upcoming Reebok NFT drop, which will feature RFOX technology. RFOX has captured the market’s attention, with a market cap of $396 million and a 24-hour trading volume of $21.9 million. What Exactly Is RedFOX? What does the Reebok collaboration entail? Let us investigate.

    What Exactly Is RedFOX?

    RedFOX Labs is “building the metaverse for everyone,” according to its official website. Its vision is to be the global leader in immersive metaverse experiences focused on retail, media, gaming, and rewards.

    The RedFOX ecosystem is powered by a token called RFOX, which also serves as payment. RFOX is also the token used for trading fees, liquidity pools, and non-financial transactions (NFTs).

    The RFOXVALT, a virtual space with 25 premium shops, is available at RedFOX Labs. RFOXVALT is a fully immersive shopping and discovery experience that combines gaming elements and forms from the RedFOX Metaverse.

    Collaboration Between RedFOX and Reebok

    Details about the upcoming Reebok collaboration were revealed in a tweet by Davie Darko, Co-Founder of Void Cyber:

    The @VXIDCyber team and I work like to welcome #Reebok To the $RFOX ecosystem!

    Keep your eyes out 12.01.21 for more! 🔥❄️🍃

    Let’s go! #Reebok #NFTs #RFOX https://t.co/UklnEOO5ku

    — Davie Darko 🌐🦊 (@DavieDarkFlow) November 29, 2021

    Void Cyber is a creative team of experts who have collaborated with Nike, Louis Vuitton, Playboy, Converse, Reebok, and many other brands.

    The NFT drop is scheduled for December 1st and will be open to the public, according to the tweet.

    Davie Darko also stated that the NFT drop will be done with RFOX technology and that it “is a great step in getting a huge company to use RFOX technology for a campaign, and will open the door for more opportunities of the same caliber.”

    As more and more influential brands join the ecosystem, cryptocurrency is becoming more mainstream. Death Row Records released an NFT drop on Crypto.com last month. The upcoming Reebok collaboration is one of the most iconic partnerships in crypto, and it’s fantastic that the company chose RFOX technology to launch their collection.

    Tokenomics and the RedFOX Price

    RFOX is trading at $0.29 at the time of writing, up 10% in the last 24 hours. RFOX has a market capitalization of $391 million and a 24-hour volume of $21.8 million. It has a total supply of 2 billion, with 1.31 billion in circulation.

    RFOX can be purchased on exchanges such as KuCoin, Gate.io, and Uniswap. If you live in the United States, we recommend KuCoin or Uniswap.

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