Exclusive Interview of RedFOX Labs CEO: RFOX On Course to Overtake USDT on the ETH-BSC Bridge
We speak to Ben Fairbank, CEO and Co-Founder, who gives more insight into how RedFOX Labs leverages emerging technologies to navigate these new digital frontiers.
Q. Please introduce yourself and what you do at RedFOX Labs.
Ben Fairbank, CEO and Co Founder, so I create the vision, develop the strategy and generally navigate a path through the waters.
Always start with the end in mind, lead from the front, and never ask anybody to do something you wouldn't do yourself.
Q. Can you describe what RedFOX Labs is about?
RedFOX Labs is a tech forward venture builder that delivers companies and platforms that are secure, scalable, highly engaging and innovative. We believe in unlocking value for users within the new era of technology and believe in providing platforms that are easy to use, and inclusive.
Q. Tell us about some of your venture builds.
At RedFOX Labs, we have what we call a DBOT model. This is essentially 'Design, Build, Operate and Transfer'. Currently we are very proud that we have launched two successful MVPs. The first one launched is the extremely popular KOGS game that players can collect limited edition NFTs, compete in slamming competitions, stake their KOGs in choobs and earn $RFOX tokens and in the very near future use their KOGs in other games being developed by the RFOX Games team. The concept of playing games to earn is a very important theme we intend to drive across the globe.
The second MVP we have recently launched is our very own DeFi staking, liquidity and rewards protocol RFOX.Finance. We are thrilled to have seen the immediate success and uptake of this platform with over USD 40 million TVL, high yields (APRs) of over 400% in the single staking pools. This also has set RFOX on a course overtaking USDT on the ETH > BSC bridge. The future DeFi utility will be developed over the course of the next few months and will act as the economic backbone to the metaverse we will be launching later this year.
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