Manila, Philippines — RFOX Media, Southeast Asia subsidiary Red Fox Lab, Launched a brand-new jumping and running casual game RFOX Run in Myanmar, supported by a prolific championship game platform Goma. RFOX Run introduces a new game reward mode called Play-to-Eat, which is an innovation of the increasingly popular Play-to-Earn mode, in which the winner is determined and registered Players of RFOX ID can redeem food vouchers from foodpanda, Myanmar’s leading food delivery service.
At RedFOX Labs, we believe that blockchain companies have a responsibility to explore the innovative humanitarian methods they produce. Through our Play-to-Eat model, we believe that RFOX Run users will get the dual benefits of food rewards and blockchain education, providing them with immediate and long-term solutions.
Top RFOX Run players can register for RFOX ID through the RFOX Media website to receive prizes. Winners will receive a foodpanda voucher that can be redeemed with a unique voucher ID and deliver the food of their choice to their doorstep. To initiate the event, RFOX Media has allocated vouchers worth US$22,000 as rewards.
According to CoinMarketCap’s analysis, the global game earning market, mainly driven by blockchain-based companies, has experienced exponential growth this year, with a total market value of 9.21 billion US dollars, and an average year-to-date growth rate of 1,604.12%. Regarding 36 confirmed games to make money Company data. According to CoinTelegraph’s data, from a larger perspective, the current value of the video game industry is about 170 billion U.S. dollars, and it is expected to grow to 268 billion U.S. dollars in five years.
In this context, RFOX Media can become an important participant in the high-growth game earning market through RFOX Run. Its unique approach encourages further adoption through ready-to-eat and other models, which reflects RedFOX Labs’ efforts to promote blockchain-related growth in Southeast Asia. RedFOX Labs also runs RedFOX Games, which currently runs KOGs Slam! The NFT game is undergoing closed beta, and more products will be launched soon.
Earlier this month, RFOX Media and Goama formed a partnership to launch RFOX Run in Myanmar, and plans to expand this relationship to the entire Southeast Asia region. This cooperation brings together more than 20 million Southeast Asian residents and aims to serve the untapped game market in Myanmar.
Ben Fairbank, CEO and co-founder of RedFOX Labs commented:
“Just a few weeks after we revealed the partnership between RFOX Media and Goama, I am very happy to see it achieve innovative results through the new RFOX Run game and Myanmar’s first Play-to-Eat model. The Myanmar market is still young , The potential is great. Through this cooperation, we will soon launch a new casual game. It has an additional benefit of rewarding top players with food. We look forward to providing such innovative game solutions to Myanmar’s numbers. Millions of people provide services, including other services we plan to launch for the country in the future.”
Wayne Kennedy, CPO and co-founder of Goama said:
“We at Goama are very pleased to work with RedFOX Labs to be the first company to bring NFT and tournament prizes to Myanmar! This further promotes our ambition to introduce a casual e-sports platform to Southeast Asia’s leading apps. We are also very happy to create RFOX Run, users can compete for the top spot and get food stamps as compensation at the same time!”
About RedFOX Lab
RedFOX Labs is a Southeast Asian venture capital company that identifies and establishes successful business models for emerging markets in the region. It focuses on releasing the true market value of Southeast Asia’s digital economy for high consumer demand services such as e-commerce, e-media, e-travel, and e-sports/games, and focuses on using emerging technologies to add value to the digital economy, such as blockchain. As a company, its value can be passed through its native token ($RFOX).
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foodpanda is Asia’s leading food delivery platform, dedicated to providing consumers with a wide range of food, groceries, etc., fast and convenient. With the support of technology and operational excellence, foodpanda is leading the development of fast commerce (q-commerce) in the region through its retail partner network and pandamart cloud store, in order to provide more orders beyond millions of takeaways Need to select an option. foodpanda operates in more than 400 cities in 12 markets in Asia-Singapore, Hong Kong, Thailand, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, Laos, Cambodia, Myanmar and Japan. foodpanda is a subsidiary of Delivery Hero, a global leader in the food delivery industry. www.foodpanda.com
Goama is a leader in platform gamification, setting a benchmark in digital innovation and user engagement, collaborating with some of the world’s largest super apps and brands. Its turnkey solution provides a plug-and-play platform that creates a unique gamification experience and enables its business partners to build participating communities. Goama has established partnerships with leading apps in more than 24 countries to help them increase user engagement, increase monetization opportunities, and acquire new users. https://goama.com