RedFOX Labs, prolific Southeast Asian venture builder, has joined forces with Miss Universe Philippines in making history as the world's first-ever beauty pageant to drop an NFT collection.
The Miss Universe-Philippines NFT collection will be released on September 24, 2021 and will be available for purchase using the RFOX token via MetaMask or Uniswap.
NFTs, or non-fungible tokens, are digital assets that can represent a wide variety of real-world concepts such as ownership over one-of-a-kind art, videos, in-game items, and other collectibles.
By partnering with Miss Universe-Philippines, RedFOX Labs has made it possible for fans to own unique digital collectibles of their favorite candidates in the form of NFT cards, which showcase the top 30 beauty queens in their glory.
These prized collector’s items have a limited supply of 9,900 units in total, which consists of 4 unique NFTs for each of the top 30 candidates that come in various degrees of rarity including Common (6000 units), Uncommon (2700 units), Rare (900 units), and Mythic (300 units.). These NFT cards can be stored, traded, and sold just like physical assets, which allows owners to earn from their proceeds.
In the world of emerging technology and digital assets, this is bringing the future of the digital economy closer to every Filipino in an accessible and relatable way.
This is also a welcome addition to the growing global adoption of NFTs, which, in recent times, have been dominated by celebrities and household names minting their own non-fungible tokens.
In just a span of a few short months, NFTs went from being the stuff of sci-fi dreams to having real people making, selling, and buying them at eye-watering amounts.
During an auction in March, Christie's sold Beeple's digital artwork "Everydays - The First 5000 Days" for $69.3 million - putting the spotlight on what NFTs can do for both creators and collectors.
Several notable names have also jumped in on the NFT craze by creating and releasing their own NFT collections. Aside from empowering creators to earn staggering amounts from the proceeds of their sales, NFTs have also paved another way for people to easily raise funds for charities and other advocacies.
How to Buy RFOX on MetaMask
- Sign up for a crypto wallet that supports accessible cash-in channels in the Philippines like PDAX, Coins.PH, or Binance.
- Add funds to your crypto wallet and buy ETH.
- Send the ETH you bought to your MetaMask wallet.
- Once on MetaMask, add RFOX to your list of tokens (add tokens > custom tokens > token address + token symbol + token of precision)
- Swap your ETH for RFOX.
How to Buy RFOX on Uniswap
- Sign up for a crypto wallet that supports accessible cash-in channels in the Philippines like PDAX, Coins.PH, or Binance.
- Add funds to your crypto wallet and buy ETH.
- Send the ETH you bought to your MetaMask wallet.
- Launch the Uniswap app and connect your Metamask wallet.
- Under the Swap function, add RFOX as the token you’d like to get.
- Enter the amount of ETH you will spend or the amount of RFOX tokens you need to buy. Make sure that you have sufficient ETH balance to complete the deal.
- Click Swap. A preview of the transaction will appear in a pop-up window from your MetaMask wallet.
- Confirm the transaction in the MetaMask wallet. You will receive your RFOX tokens.
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