REIcosystem-grants Round 1 Has Been Distributed, CryptoDiffer’s Co-founder Vladyslav joined the AMA

Progress Report July 12-July 19

Key points:

• REIcosystem-grants Round 1 (2,823,991.87 $REI) has been distributed
• CryptoDiffer’s Co-founder Vladyslav joined the REI Network AMA

A. Product Development Progress

REI-Network:

- REI-Core performance improvement — P2P module introduces a scoring mechanism to optimize connection @100%

- REI-Core performance improvement — RPC module performance optimization @in progress

REI-DAO:

- Bridge governance module: https://dao.rei.network/#/bridge @published

GXC-Convert:

- Exchanges processed: 662 transactions

- Total: 66,861,909.48298 (89.15% of circulation)

B. Operational Progress

• On July 14, CryptoDiffer’s Co-founder Vladyslav joined the REINetwork AMA, answering questions about CryptoDiffer, Super Nodes, and collaborations. A big thank you to everyone who joined our AMA with CryptoDiffer on telegram! Here’s a recap on the insights shared by Vladyslav during the session: https://medium.com/gxchain-project/recap-ama-with-vladyslav-co-founder-of-cryptodiffer-de54f250d23a
• On July 14, Co-marketing between REI Network and Port3Network officially opened. Everyone who completes all tasks of Gleam will be eligible to receive a Port3 x REI Network Collab NFT. Duration: July 14th — July 21st. More details: https://gleam.io/SwZlz/port3-x-rei-network-nft-giveaway

C. Ecosystem

• Congratulations to all winners of REIcosystem-grants Round 1 (2,823,991.87 $REI) Find out more about applying for project grants at https://link.medium.com/dKchwECJFrb

Join the GXChain Community

REI Network is an EVM-compatible public blockchain. As an Ethereum para chain, it owns the features of lightweight, free and dev-friendly. REI Network is to effectively solve the current high-cost and low-efficiency problems of public chains. Therefore, GXChain can achieve free, low-cost development, and rapid migration of applications, and can be shared and symbiotic with the EVM ecosystem, also supporting the development of Defi, GameFi, and NFT.

Users can access the REI token on:

Binance | Huobi Global| Upbit | Bithumb | Bittrex

If you are interested in participating in our community and receive timely updates from the following official channels:

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REIcosystem-grants Round 1 Has Been Distributed, CryptoDiffer’s Co-founder Vladyslav joined the AMA was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.