Hey Bro,
I hope you got the party invite in advance because the creator of the RFOX VALT Metaverse ecosystem made quite the splash.
Take a look at CoinGecko’s $RFOX listing to see the maximum supply. You’ll notice that it’s millions of tokens below 2 billion, which is where the lofty figure began.
Yes, you’re right about that being a large supply. However, team RFOX always had plans to build a massive portfolio of products. They landed on 2B so as to have enough tokens to spread all throughout the ecosystem.
There are blockchain games, DeFi and NFTs, media operations, and Metaverse purchases, all running through RFOX token. But although it started high, the max supply continues to shrink.
CoinGecko now lists 1,988,838,078 as the max supply. But after the lastest burn, you can subtract almost 4 million tokens. If we’re to be precise, the listing should read 1,984,960,305 once CoinGecko updates its statistics.
As stated in the new CEO AMA video, the new burn is all part of RFOX’s mission to provide value to its token holders:
“I think you’ll see that we try to do as much as we possibly can to give back. That goes the same for the holders as well. This year we’ll continue a laser focus on making sure that we’re providing lots of value to our holders.”
The comment was concerning a new KOGs NFT partnership launching on February the 7th. And speaking of KOGs, there’s lots of activity in its play-to-earn NFT ecosystem:
These types of initiatives are great examples of why I’m such a fan of the RFOX multiverse! Look, there’s no shortage of Metaverse and blockchain projects to follow these days.
And with all the hype surrounding the Metaverse and Web 3.0, the competition will only escalate. But if you’ve been around as long as I have, it’s easy to see that most of the projects out there are steaming piles of crap with no leadership, no products, and no good intentions.
If you’re here reading about RFOX, you’re in the right place because we’ve discovered an absolute gem.
Stay safe out there, Bro!
