Tag Archives: crypto

Fast, Scalable, Tamper-Proof ARCHEthic Blockchain Continues to Run Smoothly since Mainnet Launch

Paris, France, November 25, 2021 -/ExPressRelease UK/- Following 4 years of research and period of development, ARCHEthic Mainnet Beta launched on the 30th of June, 2021. The testnet which was launched this year will run simultaneously with the mainnet on the same infrastructure. The launch has set the ball rolling for ARCHEthic whose mission is to solve the impending challenges rocking the blockchain sector.

ARCHEthic is a decentralized consensus protocol blockchain built from the ground up, designed with cutting-edge technology to stay ahead of other blockchains in terms of scalability, security, sustainability, and simplicity.

Commenting on the significance of the launch, the ARCHEthic team stated that: “We have been patient and transparent in our approach, we have taken the time to get academic validation of research concepts, building and testing the ARCHEthic Blockchain protocol before making a foray into the market. Today with the launch of our Mainnet Beta, we are confident about offering true value to the community.”

Since blockchain has become a revolutionary technology, the growth and adoption of the technology have maintained an upward trajectory. With a cumulative annual growth rate (CAGR) of 56.9%, the global blockchain industry is predicted to hit $56.7 billion by 2026, up from $6.0 billion in 2021. This giant growth rate is a testament to the widespread adoption occurring at break-neck speed.

With Bitcoin being the pioneer, Blockchain technology has continued to find increased adoption in various fields even outside of the cryptocurrency terrain.

While adoption stays on the rise, the issues of blockchain scalability and security have been a hot topic as many of the existing blockchain technologies fall below an optimum threshold. These issues form a focal point and a building block on which the ARCHEthic blockchain is built upon.

ARCHEthic Design Stands Tall Among Existing Blockchains

ARCHEthic blockchain design infrastructure deploys a unique consensus protocol built from the ground up called ARCH Consensus Mechanism. The ARCHEthic Blockchain uses the concept of “transaction chain”. Unlike other blockchains that require blocks containing multiple transactions to be linked together by chains, in ArchEthic, blocks are reduced to their atomic version (the smallest). Thus, a block represents only one transaction with its own validation proofs.

According to its whitepaper, once a transaction is validated, it will be synchronized and saved on its own transaction chain. All transactions of the same nature are grouped together in the same transaction chain. This principle of operation makes it possible for transactions to run parallel thereby fostering the scalability of the network.

The brainchild of years of research done by the team, the ARCHEthic blockchain is designed with the end-user in mind which makes it well suited for retail and mainstream enterprise adoption.

Taking the Bitcoin network, for instance, it currently runs with a validation time of 10 minutes while handling 7 transactions per second, while Ethereum has a validation time of 15 seconds, processing 20 transactions per second. Newer generation blockchains like Harmony can handle up to 10 million transactions per second.

Despite the improvement made by Harmony blockchain, the network is still limited to the number of transactions it can handle per second. This unarguably is a prime reason why the ARCHEthic network infrastructure is unique. The “transaction chain” mechanism deployed by ARCHEthic makes it possible to handle an unlimited number of transactions per second, thereby leaving room for scalability and seamless handling of high network traffic.

ARCHEthic’s Ability to Scale Does Not Compromise the Security of the Network

The ARCHEthic security layer makes it possible to support an infinitesimal risk of network corruption, even if 90% of available nodes are malicious.

As contained in the whitepaper, if the number of nodes in the network increases, the probability of detecting an anomaly among the nodes selected to perform a transaction, if at all, increases drastically. Compared to other blockchains, the ARCHEthhic blockchain could continue to function properly, even with 90% of the network being malicious.

ARCHEthic also handles data efficiently. When transactions are broadcast, a pool or set of storage nodes is determined and receives a copy of the transaction made in order to save it. This is accomplished through sharding, which ensures that the nodes are less loaded with data and can store at least between 190 and 9000 times the number of transactions of the Bitcoin network.

This mechanism of unique node operation reduces the power consumption of the ARCHEthic blockchain. The ARCHEthic Yellow Paper compares the power consumption of ARCHEthic to Bitcoin in an interesting way.

“Considering that 10 nodes are dedicated for 10 seconds to validate and replicate a transaction and that Bitcoin processes 93 million transactions per year, it would take 295 ArchEthic nodes to cover the current mining power of the Bitcoin network. Knowing that a node spends 15 Wh, over a year, the technology would consume 38,805 kWh/year or 3.6 billion times less than Bitcoin itself.”

It is intriguing to see the massive innovation going on in the blockchain and cryptocurrency industry. More fascinating is the fact that innovations like ARCHEthic are rising to the occasion at a time when the blockchain scalability hurdle has been a bane on the industry.

About ARCHEthic Public Blockchain:
ArchEthic is a highly scalable, tamper-proof Blockchain with scalability greater than 1 Million TPS, and validation time of less than 5 seconds. The blockchain has the capacity to handle up to 90% maliciousness, 3.6 billion times less energy consumption than Bitcoin, and 0.1% of the transaction fees.

The platform aims to replace and improve all current applications with a comprehensive and open ecosystem, allowing people to move from the trust imposed by centralized to decentralized systems while keeping identity and privacy under the control of the user.

With ARCHEthic, you can access your identity but no one owns it. The security and threat issues that centralized systems pose helped us realize that self-sovereign identity is needed now more than ever. An Open Source autonomous & Decentralized network in the hands of the world population created by the people, for the people.
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ARCHEthic Official Links:
Website: https://archethic.net/
Whitepaper: https://archethic.net/ARCHEthic_WhitePaper.pdf
Twitter: https://twitter.com/archethic
Telegram: https://t.me/ArchEthic_ENG
Instagram: https://www.instagram.com/the_official_archethic/
Discord: https://discord.com/invite/CJZJvVReBx
GitHub: https://github.com/archethic-foundation
YouTube: https://www.youtube.com/channel/UCmP7Sg_TdBfbO1_u4EyIKzg

Era7: Game of Truth, A Brand New Innovative Play-to-Earn NFT Trading Card Game, Hits GameFi

Singapore, November 12, 2021 -/ExPressRelease UK/- Deploying the concepts of GameFi in the exciting combination of DeFi and NFT technologies, upcoming Play-to-Earn trading card game Era7: Game of Truth has successfully closed its first round of fundraising. Investors include some of the most renowned VCs and institutions in blockchain: Hashkey, Huobi, Okcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

Era7 will be launched in Q1 of 2022 and is expected to take the global NFT GameFi market by storm. The game has been developed by core team members who hail from well-known international Korean game manufacturers such as Com2uS, NCsoft, Nexon, and Netmarble, companies with more than 15 years of success in the traditional mobile and online video gaming industry.

Game of Truth is an innovative NFT-based competitive game based on TCG (Trading Card Game) concepts, with its creative essence coming from Hearthstone and Magic The Gathering R&D. Standing on the shoulders of giants, the Era7 team aims to bring innovation even further with the development of its GameFi product.

Players collect cards to fight and they win when their opponents are defeated. Given that the learning curve is not steep, the game appeals to all kinds of gamers – from your housewife and granny demographic to your technophile gaming gurus. Players from all levels will be able to find their place in the game. Moreover, Era7 incorporates a complete economic incentive system with the first batch of NFT drops slated for release in December 2021.

Era7 Combines Play-to-Earn & Play-for-Fun!

According to Newzoo, the overall market of the global gaming industry will reach US$175.8 billion in 2021, the total number of players will reach approximately 3 billion, with esports gamers exceeding 474 million. In 2019, the global Collectible Card Game market size was US$ 9,949.63 million and is expected to reach US$ 27,294.79 million by the end of 2026, with a CAGR of 15.89% during 2020-2026. Aware of the growing gaming market, as early as 2018, Era7 had already successfully developed and perfected its game and to date has amassed a user base of more than 10 million players.

The development team has included NFT concepts and technology which greatly benefit players. The income aspect and the value of the NFT assets will naturally attract a large pool of users to join. Furthermore, the game does not require prior knowledge of cryptocurrencies. Getting started is easy, and offers what every gamer wants – strategy and fun gaming.

Standing Out from the GameFi Competition

There are three ways that Game of Truth differs from other GameFi projects on the market. Firstly, the project’s games are rich in depth and content, providing users with long hours of entertainment. The large and well-designed card system is underpinned by a well-developed numerical system that supports innovative gameplay. The combination of a mildly competitive mode with extensive rich gaming content are not usually available in GameFi.

Secondly, the low threshold for players to get started and the extent of gaming content helps attract gamers from the traditional gaming space to join, creating a huge market when combined with the blockchain/crypto gamers.

Lastly, novice or experienced gamers can all have fun and benefit from play2earn – and that is a truth shared by both developers and players in this brave new horizon of GameFi. Both the project and the players work hand in hand to create an ecosystem of gaming that produces value to mutually benefit both parties.

Top Quality Trading Cards to Fight, Trade or Sell

Traditional TCG users will resonate with the exquisitely designed and excellent quality of all the Era7 cards. Card combination strategies are distinctive, and the game has established a market-oriented approach since the beginning of its game development. Presently, strategy gaming and play2earn, all while having fun, are its highlights.

The game contains 1,000 different cards, each having different values ​​and attributes, bringing players a variety of card combination strategies. A lightly competitive 3-minute game can provide gamers with endless imagination and fun, thanks to the unlimited changes in strategy.

What to Expect in Era7’s Premiere NFT Drop this December!

Era7’s debut NFT launch is planned for December 2021, with the Master Card and Blind Box containing different card highlights.

One billion Era tokens will be issued with more than half of which will be used for in-game incentives. Players can obtain Era tokens through the following: in-game event rewards, participation in daily PVP (player versus player) and various tournaments, land pledges and marketplace purchases. The Era tokens held by the player can be exchanged for cryptocurrency that can be traded on exchanges.

Competitive Gameplay Development, Ecosystem Expansion and UE are underway

Era7 currently offers strategic gaming that provides competitive elements, with a focus on PVP gameplay. The game is designed to successively open up different types of competitions between players, such as ranked games and World Cup games, as well as other gaming activities such as watching and betting. While attracting traditional esport stars to participate, it will also groom and train new Era7 stars.

Plans for 2022 to 2028 include building a scalable competitive ecosystem that will encompass a live broadcast platform, esports community, animation series and GameFi IP. In the future, the most advanced UE engine will be deployed, combined with the Era7 platform to launch a competitive product based on the metaverse.

About Era7: Game of Truth:
Era7: Game of Truth is a Play-To-Earn NFT-based trading card game (TCG). It offers the perfect combination of traditional gaming and decentralized finance (DeFi) to gamers, bringing an entertaining gaming experience while providing an avenue to earn.

According to Era7 ancient folklore, the seven races on the continent of Truth battle against each other for supremacy all year long, to vy for the title “King of Truth”. The victor from the Game of Truth emerges as the ruler of the continent whereby he and his race then enjoy the highest honors in the land.

Founded by core team members from internationally renowned game developers with over 15 years of valuable experience such as Com2uS, NCsoft, Nexon, and Netmarble, Era7 is backed by heavyweight VCs and blockchain institutions such as Hashkey, Huobi Group, OKcoin, Binary Capital, DAG, Waterdrip, Dreamseeker, BTC12, Tembusu and Mobox.

Era7: Game of Truth Official Links:
Website: https://www.era7.io
(desktop browser currently recommended, mobile capability in development)
Twitter: https://twitter.com/Era7_official
Telegram: https://t.me/Era7_Official
Discord: https://discord.gg/yUjGpQ35
Email: contact@era7.io

Gachyi Land, The First Play-to-Earn MMORPG Gacha-Launchpad, Premieres Its NFT Drop

Sydney, Australia, November 9, 2021 -/ExPressRelease UK/- With the blockchain gaming metaverse proving to be more than just a buzzword for gamers, Gachyi Land, the first gacha-launchpad ecosystem gears towards its premiere NFT launch, slated to debut on the 22nd of November 2021.

This launch opens up the runway for Gachyi Land as they get the ball rolling for a series of other launches on the Gachyi launchpad. Commenting on the significance of this event, the founding partner of Gachyi Land, Harly Zappino has expressed his excitement:

“Life is too short to slave away on tasks that you despise doing and unfortunately that is how our society is currently structured. The digital world is our future. Let’s make it fun, let’s make it colorful, and let’s provide real-world value to those who want to interact with it!”

Dubbed the Goo Goo series, the first NFT series dropped on Gachyi Land will feature generative artwork with different traits that include body, eyes, mouth, accessories, background, and clouds, among other features. Certain unusual and rare characteristics may entitle their owners to special privileges.

The series finds its footing in folklore inspired by the Gachyi Goddess before she became entirely fossilized. According to Gachyi Land Lore, she created the Goo Goos and ensured that all of her wisdom was handed down to guide them through the RPG (role-playing game).

While the Goo Goo series does not include playable RPG characters, owners will be able to access significant in-game benefits. Slime Tales from Gachyi Land’s second NFT series will implement RPG characters with a Dungeons and Dragons class system that has the ability to breed dual class characters.

Gachyi Land: Introducing the first NFT gacha-launchpad ecosystem

Coming up as a first mover, Gachyi Land will be the first gacha-launchpad to issue NFTs (on its website) as a full-fledged utility across its entire ecosystem. Each NFT issued on the Gachyi NFT Launchpad will serve a purpose within the ecosystem. They will either have in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.

Besides their own designed NFTs, other projects with similar themes to Gachyi Land, such as those with kawaii and mystical creatures type of themes, will be able to participate in its utility-centric ecosystem. Expanding the entire ecosystem, other projects’ NFTs can be integrated into Gachyi Land’s mini-party games or Play-To-Earn MMORPG.

The NFTs will be deployed on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC. They will be encapsulated and released through interactive Gachapon Machines (a.k.a Gacha-Launchpad). The minting process aims to give the buyers a whole new experience playing with e-Gachapon machines coupled with lo-fi music, great visuals and stunning animation. Each series will feature a maximum of 5 NFTs available on the Launchpad, giving buyers a sneak peak of what could be minted.

Incubating a disruptive NFT gaming ecosystem to empower artists

Gachyi Land is on a mission to empower small artists to use Gachyi Land’s resources to unleash their creativity on the world, to give them the exposure and recognition they deserve. Most artists have yet to take advantage of the unlimited opportunities available in the NFT domain while others may have misconceptions about it. To address this challenge, Gachyi is stepping in to provide artists with the platform, community, technology, and tools they need to exhibit their work and explore the potential within the digital landscape.

“Gachyi Land will be a solution to this and will be a part of a greater movement to fundamentally change the way humanity thinks and interacts with the world. In our virtual world, what defines you are the choices you make and the way you choose to interact. Not labels, not gender, not titles and certainly not the way you look!” states Zappino.

About Gachyi Land:
Gachyi Land is building an ecosystem that consists of an NFT Launchpad and Play-To-Earn MMORPG. NFTS issued on their platform will be incorporated within the ecosystem to serve either an in-game functionality such as boosts or exclusive pre-sale access, or their utility can be built into future games.

With its disruptive Play2Earn MMORPG, Gachyi is providing artists with the platform, community, technology, and tools they need to unleash their creativity and gain the exposure they deserve. NFTs will be minted via Gachyi’s interactive gachapon machines on the Polygon blockchain based on the ERC-721 token standard, priced in MATIC.

Gachyi Land Official Links:
Website: https://gachyiland.com/
Twitter: https://twitter.com/GachyiLand
Telegram: https://t.me/GachyiLand
Instagram: https://www.instagram.com/gachyi.land/
Discord: https://discord.gg/pPWAC888kC
Facebook: https://www.facebook.com/Gachyi-Land-275279670982071

Celestial Leads The Future of Cross-Chain Gaming Metaverse

Helsinki, Finland, October 29, 2021 -/ExPressRelease UK/- Coming up as a first-mover on the adoption of blockchain gaming metaverse on the OEC public chain (formerly known as OKExChain) is Celestial, a cross-chain gaming metaverse trending in the crypto airwaves. Deploying the concept of galactic warfare, Celestial combines the concept of GameFi, SocialFi, and NFTSwap to bring one of the finest innovations to the gaming metaverse.

Celestial has grown in popularity in the blockchain gaming ecosystem since its inception. Racking up some impressive figures, Celestial initiated a public BETA test on September 14 that contributed to over 70% of OEC public chain trading activity, resulting in high congestion of the OKexchain, with daily transactions topping 1 million at the time.

After a series of rigorous testing, the official version of the Celestial gaming platform went live on September 29th. Commenting on the impressive launch, the Celestial team reiterated their commitment to the long-term sustainability of the Celestial project:

“We are excited about the launch of our gaming platform. Being the brainchild of a multi-month period of development, innovation, and rigorous backend testing, this marks the beginning of an important phase in the Celestial roadmap just before our token generation events and subsequent listing on exchanges. We are excited about what the future holds for the blockchain gaming metaverse and we are happy to be leading this adoption.”

The Celestial platform is built to enable game players to create federations in the Celestial world, explore planets and galaxy clusters, and mine rich minerals and different resources as part of a meta-universe star-wars style game using GameFi + SocialFi + NFTSwap.

Leading up to TGE: $CELT token has recorded eye-popping success
While the impressive launch of the Celestial gaming metaverse comes as no surprise, seeing that blockchain gaming adoption has maintained an upward trajectory, the token generation event (TGE) also recorded impressive numbers. The token price soared to the top gainers category after listing on OKEx, a leading Asia-based crypto exchange.

CELT is the native token that powers the Celestial metaverse economy and is primarily used to settle all transactions in the Celestial metaverse. Since debuting on OKEx, CELT has amassed massive success for token holders after rising to the top-performing assets on the OEC public chain just after 15 days of trading activities.

Celestial dual token rotation system reduces selling pressure on CELTs
Celestial adopts a unique token system that allows a dual token rotation mechanism. In addition to $CELT, there is a sub token known as Crystals which is engineered to reduce the selling pressure on CELTs and benefit token holders in the long run.

Through an in-house mechanism known as Pledge Mining, Celestial incorporates some DeFi futures into its ecosystem to reward players.

Gamers may utilize this function to pledge mainstream currency like fiat for energy stones (CELT), which can be used to open mystery chests or traded for mainstream currency in CherrySwap. Celestial has introduced an intriguing feature to the DeFi pledge mining — the energy stone mining accelerator, xCELT, which can generate up to three times the earnings of CELT.

To obtain xCELT, users simply need to mortgage CELT. As the total mining power increases, more xCELT will be needed to keep the process running, which ultimately cushions selling pressure. Currently, the project seems to be pivoting towards decentralized finance while developing its GameFi and SocialFi features. According to Celestial:

“We think that a healthy self-rotating economic system is essential for every project; once economic development has reached its ideal state, we will enhance SocialFi and GameFi features, and the game launch will be completed.”

The warring gaming platform seeks to create a socially permeable interplanetary exploration chain game, with player community culture as the pioneer with gaming and decentralized finance as the support. As the blockchain gaming ecosystem expands, Celestial is positioning itself to lead the adoption of the cross-chain warring metaverse.

For more information on the game: Tutorial Download https://raw.githubusercontent.com/CeltGame/Whitepaper/master/CELESTIAL_Tutorial.pdf

Celestial Official Channels:
Website: https://celt.game
Twitter: https://twitter.com/GameCelt
Telegram: https://t.me/CELT_Game
Medium: https://medium.com/@celestial.gamefi
Whitepaper: https://celt.game/static/CELESTIAL_Whitepaper.pdf
Youtube: https://www.youtube.com/channel/UC3L64zz-sbwaEgMVotqLkTA/videos
Coinmarketcap: https://coinmarketcap.com/currencies/celestial/
Coingecko: https://www.coingecko.com/en/coins/celestial

MRHB DeFi Gets Support Down Under from Blockchain Australia

Melbourne, Australia, Oct 21, 2021 -/ExPressRelease UK/- In a move set to broaden the appeal of decentralized Islamic Finance down under, ethical and faith-based MRHB DeFi has been backed by Australian Institutions such as Blockchain Australia.

Blockchain Australia is a Melbourne-based technology products and services company that provides industry and company-specific blockchain solutions for startups and entrepreneurs, investors, corporate teams, and venture capitalists and at the same time encourages new ideas by incubating them with the required guidance and mentorship.

The blockchain firm made strategic investments in MRHB DeFi, a halal ecosystem DeFi platform built on Islamic principles of fairness and benevolence. It aims to bring an ethical, community-first focus to the world of decentralized finance, which has grown in popularity and size from a market with a total value locked of USD1 billion less than a year and a half ago, to USD220 billion today.

“I would like to thank Blockchain Australia for their support,” said MRHB DeFi CEO Naquib Mohammed. “It is crucial for us to work with organisations that are in a position to help shape the way blockchain and decentralized finance can develop in Australia. I look forward to working with Blockchain Australia to forward our shared goals, and deliver an ethics-focused brand of blockchain to Australia and beyond.”

Ralph Kalsi, CEO and Founder of Blockchain Australia, expressed solidarity with the vision of the ecosystem startup: “We believe in Marhaba’s vision, which is a unique offering encompassing Islamic trading principles with smart contract-based transparency and open not only to the Islamic community but to the entire world – a laudable ethical cause that has motivated us in Blockchain Australia to back the initiative and help ensure its success.”

Ethical, Inclusive and Transparent DeFi Ecosystem
MRHB DeFi was founded with a vision of providing greater access to excluded and cautious communities to the growing opportunities and utilities of the cryptoverse, and has a particular focus on delivering faith-based DeFi services which adhere to the ethical investment and financing principles rooted in Islamic Finance, many of which align with the United Nations Sustainable Development Goals. Such business practices include those that avoid interest, usury, social exploitation and other acts deemed unethical as well as support sustainability, asset/utility backed financing, transparency and equitable risk/reward sharing.

With the Islamic Finance industry sized at around USD 3 trillion of assets, bringing even a small portion of Shariah-sensitive liquidity into DeFi will represent a major boost to the total value of the DeFi sector worldwide.

Besides Blockchain Australia, MRHB DeFi has also received strategic investments from Mozaic, Contango Digital Assets, Influx Group, NewTribe Capital, Sheesha Finance, Acreditus Partners and EMGS Group.

About MRHB DeFi:
MRHB (pronounced ‘Marhaba’) DeFi is a decentralised finance platform built to bring ethics to the DeFi space with an approach that supports the inclusion of faith-based and other excluded communities in addition to existing crypto-natives so that everyone can benefit from the full empowerment potential of DeFi to help build a true peer-to-peer financial and economic value system.

Based on the tenets of blockchain such as trust, transparency, and security, MRHB DeFi has encapsulated universally applicable principles of Islamic Finance into those tenets of blockchain to render a suite of offerings that are also ESG compliant.

The project is backed by a diverse and strong team with backgrounds spanning crypto, technology, faith-compliant investing, finance and seasoned institutional veterans of industry. The public sale offering will be in December. Register your interest and read more about MRHB DeFi’s Shariah Concept Paper, Lite and White Paper here: https://marhabadefi.com/info-centre.php

MRHB DeFi Official Channels:
Website: https://marhabadefi.com
Twitter: https://twitter.com/marhabadefi
Telegram: https://t.me/mdf_official
Telegram Announcements: https://t.me/marhabadefi_ANN
YouTube: https://www.youtube.com/channel/UCHuvZG9DbS5ffeoqLX_bERg
Medium: https://medium.com/@mrhbdefi
LinkedIn: https://www.linkedin.com/company/marhabadefi
Telegram (Arabic): https://t.me/mdf_arabic
Telegram (Russian): https://t.me/marhabadefi_russia
Telegram (Turkish): https://t.me/MarhabaDefiTR

MYMEDIA Digital Rebrands into RFOX MEDIA in Myanmar Following RedFOX Labs Acquisition

Manila, Philippines, September 23, 2021 -/ExPressRelease UK/- MYMEDIA Digital, the largest digital marketing platform in Myanmar, has rebranded into RFOX MEDIA, the new media venture that acts as the brand and marketing division for the blockchain-driven ecosystem created by Southeast Asia-based venture builder RedFOX Labs. The rebrand follows RedFOX Labs’ acquisition of MYMEDIA in February 2021.

The new RFOX MEDIA venture strengthens MYMEDIA’s market-leading platform, which connects consumers directly to brands and influencers across food, fashion, sport, and entertainment. Advertisers that have worked with MYMEDIA include global brands such as Samsung, Huawei, Nestle, Lenovo, Grab, Oppo, Realme, VIVO, and GrandRoyal. The MYMEDIA Facebook page, which also reflects the rebrand to RFOX MEDIA, together with all social media channels and websites, have 13 million followers and 40-million-page impressions, driven by 20 million minutes of viewed video footage per month and other content that extends its reach to 30 million users per month.

Digital media marketing leader in Myanmar and Southeast Asia

As part of the rebranding and further integration within the RFOX ecosystem, RFOX MEDIA has launched a new dual-language website in Burmese and English, reflecting both its status as the digital marketing leader in Myanmar and its next phase of growth into different parts of the world, with an initial focus on Southeast Asia as a fast-growing regional hub. The expansion plans for RFOX MEDIA will drive further growth to the already-impressive social media metrics that it has gained in just one country so far.

Partnerships for games, e-commerce, digital finance and more

Amid projected international growth, RFOX MEDIA continues its work of maintaining market leadership in Myanmar by leveraging many products and services from the RFOX ecosystem. Earlier this month, RFOX MEDIA introduced RFOX Run, an upcoming jump-and-run casual game in Myanmar that will debut a new gaming rewards model called Play-to-Eat, an innovation on the increasingly popular Play-to-Earn model. Through Play-to-Eat, all winning players from Myanmar can soon get free food vouchers that they can redeem on foodpanda, the leading food delivery service in Myanmar.

Expect more innovations of this nature as RFOX MEDIA helps expand the utility of the RFOX token through partnerships for games, e-commerce, digital finance, and more industries, as well as through new solutions like the upcoming RFOX TV streaming service.

Rene Heumueller, COO of RFOX MEDIA, commented:
“I’m extremely happy to be part of RedFOX Labs as we build out RFOX MEDIA. I am passionate about building products and services that improve people’s lives, and this is the right place to be. The RFOX MEDIA team is built on the back of the existing team of MYMEDIA and pulls on years of experience and a library of content. This gives us a strong head start we need in a fiercely competitive landscape, especially as we expand our operations internationally.”

Ben Fairbank, CEO and Co-founder of RedFOX Labs, commented:
“The rebranding of MYMEDIA into RFOX MEDIA is the initial step towards applying our expertise in scaling technology and building integrations and interoperability, providing exponential value to a digital marketing platform that is ready to expand into Southeast Asia and beyond.

Our acquisition of MYMEDIA earlier this year allows us to build out equivalent platforms in other countries in Southeast Asia, leveraging a Rolodex of global advertisers already using MYMEDIA who are chomping at the bit to get exposure in the region. Southeast Asia has 360 million internet users, including 104 million aged between 25 to 34 — the most valuable age group to major advertisers.”

About RedFOX Labs:
RedFOX Labs is a Southeast Asian venture builder that identifies and builds successful business models for the region’s markets. It is focused on unlocking the true market value of the Southeast Asian digital economy for high consumer demand services such as e-commerce, e-media, e-travel, and esports/gaming and focuses on adding value to the digital economy using emerging technologies such as blockchain. As a company, its value is tradable through its native token ($RFOX).

RedFOX Labs Official Channels:
Buy RFOX: https://www.redfoxlabs.io/rfox
Website: https://www.redfoxlabs.io
Facebook: https://www.facebook.com/redfoxlabs.io
Twitter: https://twitter.com/redfoxlabs_io
YouTube: https://www.youtube.com/channel/UCjSvr6RFSMlN00mWRiU0mSQ
RFOX Games Twitter: https://twitter.com/RFOX_GAMES
KOGS Twitter: https://twitter.com/KOGS_GG
KOGS Facebook: https://www.facebook.com/kogs.gg/
KOGS Discord: https://discord.gg/5kNdg7U9bU

Southeast Asian Venture Builder RedFOX Labs Launches First SHOP Auction for RFOX VALT Metaverse

Ho Chi Minh City, Vietnam, Sep 15, 2021 -/ExPressRelease UK/- Southeast Asian based RedFOX Labs has launched its first auction of SHOPs for the RFOX VALT metaverse, beginning on September 14, 2021, at 4:00 PM GMT+7, and lasting for 72 hours. The SHOPs being made available for bidding are in the Callinova art-themed quarter of the RFOX VALT metaverse.

RFOX VALT is a fully immersive shopping experience compatible with virtual reality. Combining gaming elements, RFOX VALT forms its own standalone metaverse experience. It brings together the best in class of crypto through NFTs and real-world applications of e-commerce, gaming, and entertainment. All SHOP, assets and billboards are NFTs and create unique opportunities for people to earn, interact and create.

The debut SHOP auction for the RFOX VALT Metaverse is a significant part of a larger metaverse movement within the crypto space and beyond. The global metaverse market is expected to reach $280 billion by 2025, representing a growth of more than 600% from just $46 billion in 2020, according to Strategy Analytics Inc.[1]

Major tech and gaming companies around the world are joining the metaverse market, like gaming platform Roblox, which went public this year and had a market cap of $52 billion as of June 2021, and WeChat, which has already been called a 2D Metaverse where customers can do practically anything, from socializing and shopping to paying for things in the real world and communicating for work.[2] Meanwhile, Facebook has been vocal about transitioning from a social media company to a metaverse one, and Epic Games has recently raised $1 billion while stating that its hit game Fortnite is a metaverse instead of a game.[3]

This interest in the metaverse has also manifested in many institutional and individual instances. Billionaire crypto investor Mike Novogratz of Galaxy Digital recently took a lead investor role in virtual real estate developer Republic Realm, particularly its $10 million investment vehicle, through his venture capital arm Galaxy Interactive.[4]

Janine Yorio, Co-President and Managing Director of Republic Realm, commented:[5]
“There was such a groundswell of interest in digital real estate in the metaverse. We felt that creating an investment product that’s fairly straightforward for individual investors to participate… would be something that would be met with a lot of positivity. We’re starting to invest in the metaverse platforms themselves in some infrastructure, so we’re just very enthusiastic about the metaverse space.”

With the RFOX VALT SHOP auction, Red Fox is giving individual investors a significant voice in dictating the future of the retail metaverse they are building. Investors can own a virtual SHOP in RFOX VALT by participating in auctions that will be held for these assets. An RFOX VALT SHOP can unlock unlimited opportunities within one of the 120 SHOPS that make up the RFOX VALT.

For the first auction, RFOX VALT is offering 25 SHOPs in the arts themed Callinova quarter through the Ethereum network. The Callinova quarter got its name from a combination of “Calli,” which represents calligraphy and is also inspired by the Jupiter moon Callisto, and “Nova,” after the supernova. The new name represents an artistic explosion of brightness, which RedFOX aims to achieve for this quarter.

RFOX VALT will endeavor to incorporate VR and AR technology, as well as future AI technology, in addition to offering digital items, including those issued through blockchain smart contracts and non-fungible tokens (NFTs). In its first iteration, the RFOX VALT will be a purely online platform offering digital assets worldwide. As e-commerce evolves further into the virtual space, RedFOX will launch localized virtual spaces in Southeast Asian countries, where both digital and physical purchases can be made via RFOX VALT.

Ben Fairbank, CEO, and Co-founder of RedFOX Labs commented:
“We are building a future that I am extremely excited about. It is a big and complex vision with many moving parts, but we are starting with one step at a time and we are extremely proud to present to you what we believe is not only the future of our ecosystem, but will also redefine digital inclusion, e-commerce, and immersive experiences.”

To participate in the first SHOP auction for the RFOX VALT Metaverse, please visit https://www.rfoxvalt.com

About RedFOX Labs:
RedFOX Labs is a venture builder based in Southeast Asia, that identifies and builds successful business models for the region’s emerging markets. It is focused on unlocking the true market value of the Southeast Asian digital economy for high consumer demand services such as e-commerce, e-media, e-travel, and esports/gaming and focuses on adding value to the digital economy by building add-ons through blockchain. As a company, its value is tradable as the $RFOX token on the Ethereum platform.

Website: https://www.redfoxlabs.io/rfox
Facebook: https://www.facebook.com/redfoxlabs.io
Twitter: https://twitter.com/redfoxlabs_io
YouTube: https://www.youtube.com/channel/UCjSvr6RFSMlN00mWRiU0mSQ
RFOX Games Twitter: https://twitter.com/RFOX_GAMES

Media Contact:
yourPRstrategist.com, asiatokenfund.com
pr@yourPRstrategist.com

References:
[1] https://www.kedglobal.com/newsView/ked202107080010
[2] https://www.washingtonpost.com/video-games/2021/07/01/metaverse-investments/
[3] https://www.gamesindustry.biz/articles/2021-08-20-what-is-the-metaverse-and-why-is-it-worth-so-much-money
[4] https://www.reuters.com/business/exclusive-crypto-billionaire-novogratz-leads-funding-virtual-real-estate-firm-2021-06-30/
[5] https://www.youtube.com/watch?v=9SPlEH3TmLs