Why KOGs SLAM! play-to-earn can help (RFOX) become the next Axie (AXS)

By | July 30, 2021

Image source: Getty Images

Axie Infinity has just brought in over $100 million in revenue in 30 days. Why is the game so popular?

If you’d bought $500 worth of KOGs start packs from their 1st Edition back in August 2020, you’d have received 25 packs, which are now worth $10,575 (KOGs starter 1st Edition $420 USD). At the same time, if you had of bought $500 worth of the $RFOX native token at the same time in August 2020, you would now have $30,000 Using CoinGecko data, at the current price of $0.042, your $RFOX investment has returned significant profits, and all of this is before the upcoming play-to-earn game is launched.

To better explain the potential of KOGs SLAM! and what it can do for the $RFOX token, one must understand that Axie (AXS) has had trading volumes of over $20 billion USD in the past 10 days alone according to CoinGecko.

So what is KOGs SLAM! and what makes the $RFOX token a potential giant?

KOGs SLAM! Basics

• What is it?: KOGs SLAM is a remake of the 90’s schoolyard phenomenon POGs or Milkcaps and is a plat-to-earn game where you can earn $RFOX by putting your skills on display in various head-to-head and tournament battles.
• The NFTs: KOGs are already one of the most popular NFTs that have ever launched on the WAX blockchain and can be picked up here. These NFTs will be required to enter certain tournaments and come in sets that can be completed and put into TUBES which allow even more access and entry for more rewards. TUBES also have staking windows which allow collectors to lock the collections away in return for $RFOX, the native RedFOX Labs currency.
• Date launched: KOGs launched in August of 2020 but the game KOGs SLAM! is slated for a September 2021 release and is currently in closed beta. Its unique free to earn model, coupled with its target in the Southeast Asian markets makes it one to watch.
• Market cap: $57 Million USD (CoinMarketCap, July 30).
• Noteworthy backers: Mike Novogratz led Galaxy Digital
• Availability: $RFOX is available on multiple exchanges and to most countries, the full list can be seen here. KOGs are available on the Atomichub marketplace on WAX and can be bought here.

So why can KOGs SLAM! make $RFOX so successful?

As we have seen with Axie and the emergence of other play-to-earn blockchain games, the movement is real and people are in lockdown and looking to be entertained, making money on top of that is a bonus. Here is why KOGs SLAM! will be so successful:

1. It is a free play-to-earn game

Play-to-earn is taking to the blockchain gaming world by storm, but unfortunately for most of the Southeast Asian residents the cost to enter is a barrier too great, and therefore many people are left on the sidelines. $RFOX Games with KOGs SLAM! is set to change that. Imagine being able to go to playstore or Appstore and download the game and start playing for free and earning. This is a literal gamechanger. The graphics are reminiscent of the old school cartoon games we all grew up playing and the format of the game means that anyone can learn how to play within minutes. The RFOX Games team have simplified this game format and style so much that it ticks every box required to be successful and to go viral.

KOGs are Non Fungible Tokens and although not required to start playing with, will provide advantages and allow special entry to tournaments and prize rounds. The cheapest KOGs can be bought for less than $1 USD, a comment set or TUBE can be bought for around $11 and the most expensive KOG ever sold went for $15,450 USD.

**2. Considering the KOGs SLAM! game and play-to-earn hasn’t begun, the KOGs sales volumes since its inception means it has a high probability of breaking all records. **

KOGs had reached more than $10 million USD in secondary sales at the WAX peak a few months back and has done around $3 Million dollars in pack sales. These are impressive numbers without a game yet being publicly released.

Once the game launches in September you can expect a rush on KOGs purchases which will soon all course through the native $RFOX token, as will the payouts. This makes for a solid proposition considering that the target markets are in the Southeast Asian nations.

Although it’s not clear yet exactly which countries will be targeted outside of Philippines, which has raced to more than 100K FB followers in a few short weeks, Myanmar would seem like a logical target too, with RedFOX Labs recently acquiring MyMedia which has more than 13 million followers and one of the largest media platforms in the region. Hard to see any new games launching with a larger target audience than that.

Recent pullback in $RFOX price
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In terms of Axie Infinity, understanding crypto gaming would help you decide if the coin's value can still increase. Copycats have already started to spring up, though it's hard to see how they could replicate Axie's success quickly. With over 250,000 daily users, Axie already has quite a head start.

Ultimately, it isn't a great idea to buy Axie right now because the price has already increased by 21,000%. If you decide to buy, it should be because you think it can outperform other investment opportunities in the long term.

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