Reef company info

What does Reef do?
REEF (CRYPTO:REEF) is a layer-1 blockchain network, Ethereum-compatible, dedicated to scalable and secure decentralized application (dApp) environments. It innovatively merges proof-of-stake (PoS) and proof-of-work (PoW) into the Reef Consensus for superior scalability and security. Headquartered in Singapore with a global presence, REEF is led by a team of experienced entrepreneurs and technologists. Notable partnerships with Binance, Huobi, and Bybit expand the user base and dApp services. Ongoing projects encompass REEF Chain, offering scalability and security superior to Ethereum, and REEF Bridge for Ethereum-REEF asset transfers. REEF Labs serves as an incubator, nurturing dApp development on REEF Chain. The core goals of REEF are to establish a scalable, secure dApp platform, simplify development, and support community-driven dApp growth and adoption. With potential to transform dApp development, REEF is dedicated to building a user-friendly and secure platform.
Reef company media
Company Snapshot

How many people does Reef employ?

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Employees
10-20

What is the market cap for Reef?

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Market Cap
$50.65M

Where is the head office for Reef?

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Head Office
Singapore

What year was Reef founded?

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Year Founded
2017
What does Reef specialise in?
/Binance Launchpool /Enterprise Solutions /Entertainment /Gaming /Hybrid - PoW & nPoS /Media /Metaverse /Payments /Wallet /Web3

What are the products and/or services of Reef?

Overview of Reef offerings
Decentralized applications (dApps): REEF provides a platform for developers to build and deploy dApps. dApps are applications that run on a decentralized blockchain network. They are not controlled by any single entity, and they offer a number of advantages over traditional centralized applications, such as greater security and privacy.
Decentralized finance (DeFi): REEF supports a variety of DeFi applications, including decentralized exchanges, lending protocols, and yield aggregators. DeFi applications allow users to access financial services without the need for a central intermediary.
Metaverse: REEF is also a metaverse platform, which means that it can be used to create and interact with virtual worlds. The metaverse is a virtual world that is shared by users from all over the world.
Non-fungible tokens (NFTs): REEF supports the creation and trading of NFTs. NFTs are digital assets that are unique and cannot be replaced. They can be used to represent a wide range of items, such as artwork, collectibles, and gaming items.
Smart contracts: REEF enables developers to build and deploy smart contracts on its blockchain platform. Smart contracts are self-executing contracts that can be used to automate a wide range of transactions and applications.
Web3: REEF is a Web3 platform, which means that it is designed to support the next generation of the internet. Web3 is a decentralized internet that is owned and operated by its users.