Tag: Metaverse-Focused
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Metaverse Company RFOX Opens Regional Office in Dubai
RFOX, a fast-growing metaverse company building the future of the Internet, has announced it has established a new regional office in Dubai. The company is currently domiciled in Southeast Asia and has carved out a reputation as one of the hottest blockchain companies.
What makes RFOX unique is the RFOX VALT metaverse, a virtual world that the company is building in virtual reality (VR), and its integration with the multiple other businesses the company has already built to create a vibrant ecosystem. The RFOX VALT is focused on shopping, retail, and entertainment experiences, offering users the ability to have new and immersive experiences with their favourite brands and celebrities in VR.
RFOX established a roadmap to build a metaverse two years ago. The Company's plans accelerated once Facebook announced it was pivoting to become a metaverse-focused company called Meta. Fortunately for RFOX, its plans to build a metaverse were fairly advanced. RFOX is one of the few companies that have specifically targeted both retail and entertainment sectors for its metaverse focus. Analysts Emergen Research have identified both sectors to dominate the metaverse market, estimated at USD 1.6 trillion by 2030.
Co-founder and CEO, Ben Fairbank praised the Dubai government, especially its ruler Sheikh Mohammed Bin Rashid Al Maktoum, for the foresight and vision for virtual assets and the crypto industry. “We looked at multiple jurisdictions, and after careful review, we decided that Dubai was making great progress in giving users confidence in virtual assets. Dubai's adoption of the Virtual Asset Regulation Law, the first law governing virtual assets, and the establishment of a regulator to oversee the sector will help facilitate the mainstream adoption of virtual assets. We also looked at the ecosystem in Dubai and found we were in good company with organisations such as Binance and Meta also taking up strategic positions in Dubai. We are optimistic about our future in the region”, said Ben Fairbank, CEO of RFOX.
About RFOX
RFOX is a metaverse company with a mission to be the global leader in immersive metaverse experiences focused on retail, media, gaming, and rewards, through the RFOX VALT metaverse. Since 2018, the company has built the RFOX ecosystem of products and solutions that include online games (RFOX Games), white-label NFT platform (RFOX NFTs), DeFi products (RFOX Finance), digital media platforms (RFOX Media and RFOX TV), and more. Its main token is RFOX, the digital asset that fuels the RFOX metaverse ecosystem and its immersive technology.
Media Contact
Ira Go
Email: [email protected]
Contact: +639155500764
Funding Roundup: $1.19 Billion Invested in Crypto Companies This Week
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The post Funding Roundup: $1.19 Billion Invested in Crypto Companies This Week appeared first on Blockworks.
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Cardano (ADA) Dodges Broader Market Correction With Another 8% Gains
It’s been a pretty good start to the week for the Cardano (ADA)! Despite the broader market correction, the cryptocurrency continues to move north with another 8% gain. As of press time, Cardano’s ADA is trading at a price of $1.60 with a market cap of $53.4 billion. With the recent price rally, Cardano has
The post Cardano (ADA) Dodges Broader Market Correction With Another 8% Gains appeared first on CoinGape.
Virtual Real Estate On The Rise: Metaverse Backers Spend Millions On Virtual Property
The real estate market has obviously changed dramatically in recent years. From the beginning of the epidemic through the emergence of some breakthrough technologies, which creates the lack of stability in the market; but at the same time, creates many opportunities. Almost all commercial activities have been halted as a result of the COVID19. Real [...]
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