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RedFOX Labs token now live for trading on Liquid

In Product

We are excited to announce that RedFOX Labs $RFOX is now live for trading on Liquid.

Passion and drive are vital ingredients for taking an ambitious idea and building it into a successful business. Emerging markets like Southeast Asia are full of amazing business ideas borne out of hustle, grit and determination.

Any great startup can be enhanced by expert guidance, which is where Vietnamese blockchain startup RedFOX comes in.

Harnessing the power of the Komodo Platform, RedFOX seeks out and incubates game-changing business concepts in Southeast Asia.

RedFOX helps new businesses by refining their business models, aligning their goals, and integrating open source blockchain technologies to create a finished product that blows away competitors.

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The power of the RFOX Token

RFOX is the utility token within the RedFOX/Komodo enterprise ecosystem. RFOX has many uses:

  • Some of the companies RedFOX creates may utilize the RFOX token to facilitate transactions and reward miners for processing these blocks.
  • As RedFOX Labs will build out a number of businesses, the RFOX token will be used as the sole purchasing method for these token generation events.
  • The RFOX token will be used as a form of payment to contractors, developers and network operators, as well as for security, bug bounties, discounts on certification and more.
  • RFOX will serve as the global currency within the RedFOX Enterprise Komodo ecosystem.

Win big with our RFOX trading contest

Trade more, win more. This is your chance to win big... and all you have to do is trade.

One of the most innovative projects we’ve listed recently, RedFOX Labs, is hosting a trading competition right here on Liquid, beginning on August 19.

Put yourself to the test. If you can beat out other traders, there are some juicy prizes up for grabs. 

To be a part of this competition, all you have to do it trade RFOX on Liquid. Any RFOX trading pairs count, so pick your favourite. It’s that easy. 

The more you trade, the greater your chance of winning. Even better, the prize pool scales with the trading volume during the competition.

Learn more about the trading competition here. 

This content is not financial advice and should not form the basis of any financial investment decisions nor be seen as a recommendation to buy or sell any good or product. Trading cryptocurrency is complex and comes with a high risk of losing money, particularly if you trade on leverage. You should carefully consider whether trading cryptocurrencies is right for you and take the time to learn how trading works and decide how much money you are prepared to lose.

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