Table of Contents
- Introducing Galaxy Fox (GFOX)
- CoinMarketCap Listing: Gearing Up For Retail Launch
- Closing Thoughts: GFOX Hybrid Ready For Launch
Coinbase recently cited data indicating that nearly 8.2 million people in California owned digital assets, and the majority were more likely to support pro-crypto lawmakers. Crypto appears to be going mainstream and reshaping the political landscape.
Meanwhile, top GameFi/ Meme contender Galaxy Fox ($GFOX) received a CoinMarketCaplisting as retail launch approaches. It’s an excellent boost to the project’s visibility and a key sign investors look for to confirm its validity. Investors can now find all relative information about Galaxy Fox, including its whitepaper and contract address, on crypto’s largest price tracking website.
Introducing Galaxy Fox (GFOX)
Galaxy Fox is an intriguing new hybrid project. It features a play-to-earn component with the classic financial incentive well-known in this genre. Its runner game is reminiscent of Temple Run, an infinity runner that launched in 2011 and became one of the app store’s most downloaded games. But Galaxy Fox’s infinity also runner boasts Web3 bonuses. Players can earn while playing, and rewards are paid out to the top 20% of the leaderboard each time the season closes.
The memecoin component of this protocol comes from its branding, aesthetic, and tokenomicsmodel, which includes a tax system and a token burn. These are programmed economic levers with the intended effect of accruing value for holders. The token burn removes GFOX tokens from circulation, and fundamental laws of supply and demand dictate that a decreasing supply while demand remains constant or increases always pushes the price up.
GFOX’s taxation model directs capital around the ecosystem. The Stargate module (the reward hub) accrues 2% of all transactions and pays these out to stakers. Combining the burn and tax-funded staking rewards introduces a novel situation where stakers earn yield on a deflationary asset. The liquidity pool receives 2% to ensure a low slippage experience for traders. And the Treasury gets 2% and uses this capital to fund further ecosystem development- its marketing efforts will direct people searching for what cryptos to buy now into this galactic ecosystem.
CoinMarketCap Listing: Gearing Up For Retail Launch
Galaxy Fox has obtained a CoinMarketCap listing as it gears up for retail launch. Already 99% sold out, and a listing makes perfect sense with the launch coming soon. CoinMarketCap is the most-referenced price-tracking website for digital assets, where anybody can track key metrics of the top ten cryptocurrencies and beyond.
A listing on CoinMarketCap is something investors search for, and anybody teaching investing in crypto for beginners uses this resource to help new investors find whitepapers and contract addresses. It signals a legitimate project and massively increases market visibility for any token. People can now find all of GFOX’s core information, such as the token contract address, the max supply, and links to its website and socials.
Closing Thoughts: GFOX Hybrid Ready For Launch
Galaxy Fox is steadily approaching its retail launch and is now visible on the crypto’s most visited price tracker. People asking themselves what cryptos to buy now can visit CoinMarketCap and find thousands of projects, Galaxy Fox now among them.
This hybrid model has already raised over $3.3 million and is 99% sold out. The launch is coming soon, so time is running out for those wanting to join the presale before GFOX hits the open retail market.
Learn more about $GFOX here:
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