What is RedFox (RFOX)?

The RedFox platform is a decentralized cryptocurrency solution company that focuses on the development of blockchain-based ventures and solutions to improve the general mode of business. According to the system, it aims at creating innovative blockchain solutions that also incorporate scalability to unlock the true achievable potential of several business operations. The system is able to achieve this by building, developing, launching, and scaling the improved growth of several technological solutions in the emerging markets in Southeast Asia.

According to the RedFox system, it describes itself as “the first Blockchain start-up finder in Southeast Asia.” As such, ever since the company was founded, it has been focused on the discovery and financing of several tech start-ups as well as improving the systems already used by the companies to give way for the release of the platform’s true market potential.

Who are the Founders of  RedFox (RFOX)?

The RedFox system was co-founded by Ben Fairbank and Glen Pearce. Both individuals are still currently in the service of the company as Ben Fairbank serves as the CEO, while his business partner Glen Pearce is the company’s CSO. Fairbank is a well-experienced businessman with over two decades of experience across several sectors of business including Telecommunications, the contact center industry, and customer experience, as well as executive management. Before transitioning into the blockchain industry, he worked in the transportation sector under a company called Head of 4 Wheels. Later, he moved on to serve as the general manager of the Komodo blockchain company.

Glen Pearce is equally an asset to the company. He holds a degree in Accounting and Finance from the University of South Australia. Prior to joining the RedFox team, Pearce worked as an E-commerce manager before also moving on to the blockchain industry with the Komodo platform as its Digital Marketing Specialist.

Other members of the RedFox team include Lei Dong CA as the chief financial officer, Wade Lueders as its chief operating officer Christy N as one of its executive assistants, and Jon Brooks as the system’s content specialist.

What is RedFox (RFOX) used for?

The RedFox system prides itself in being one of the leading development firms in Vietnam. The main focus of the organization is the building of ventures within the same location. The venture then moves on to become a successful business model for the southeast Asian markets. According to the platform, there is currently a high demand in the world for services including e-commerce, e-travel, e-sports, and e-media among others. The company is focused on adding value to the economy through the application of blockchain technology to these sectors.

Due to the series of technological solutions that RedFix provides, the company’s value has adopted a cryptocurrency system which implies that its value can be traded among its token holders. On the RedFox platform, RFOX is the native token used for the execution of transactions. Because of the value that the token holds, it can be traded with other cryptocurrency pairs to earn a profit for its holders such as DAI.

What Is the Unique Point of RedFox (RFOX)?

The RedFox system stands out from several of the other cryptocurrency pairs in several different ways. For starters, the system is generally considered in the blockchain industry as the first of its kind to provide venture development services in Southeast Asia. As a result of this, several other ventures have been springing up which has incited the development of more blockchain-based solution enterprises.

However, the RedFox system includes an area specialization in its whitepaper. Even though the company might still expand beyond Asia in the coming years, presently, its complete focus is on the improvement of ventures in Southeast Asia alone.  While its dedicated token is used on the platform to execute transactions, the token system also stands as a form of payment to developers, contractors, bug bounties, operators securing the network, creating certificate discounts, and a lot more. It also serves the purpose of being a global currency used in the corporate worlds of both the RFOX platform and the KMD platform.

How many RedFox (RFOX) coins are in circulation?

Upon its creation, the  RedFox system added a MetaMask extension which essentially provides seamless access to the Ethereum network. Thus, while using the MetaMask browser to access the RedFox system, users are by extension granted access to Ethereum’s ever-expanding ecosystem of decentralized apps. In its tokenomics, the system created a total of 2,000,000,000 as its capped supply. However, due to the mass adoption and use cases for different purposes on the network it has a current circulating supply of 1, 312, 000, 760 tokens. According to experts, there is expected to be an increase in its circulating supply in the first quarter of 2022.

Is the RedFox (RFOX)  Network secured?

The RedFox token system was recently launched on the Binance smart chain after it has proven its stability. Apart from the security extensions provided to the system by the Binance smart chain, the platform has also employed the services of a series of auditing firms including Hacken to carry out an examination on the project’s farming and the smart contract tools used by the system.

To provide more credibility and expand its ecosystem, the RedFox platform has also been exploring the inclusion of a finance DEX called the RFOX finance.

How do I buy RedFox (RFOX)?

Over the years, while the RedFox platform has been focused on expanding its horizon through the development of several ventures, its use case has been consistently growing. As a result of the success of several start-ups it’s been involved with, more people have been open to joining the network. Now, its horizon has constantly been expanding due to the massive rate of adoption and in addition to that, it is readily available across several exchanges. RFOX tokens can be easily purchased by the following steps.

  • Open an account with the crypto trading platform.
  • Transfer the specific amount of your fiat currency to your account.
  • Wait for your deposit to be confirmed and Buy RFOX through your trading account.

Which Cryptocurrency Wallet Supports RedFox (RFOX)?

The PTPWallet platform supports many cryptocurrencies simultaneously, such as RFOX tokens. Because of its speed, flexibility, and unique features, it has grown to become one of the most used new platforms. In addition, users can easily use PTPWallet as their main RedFox wallet as it offers a simple and interactive interface, making it easy to navigate its system.

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