Progress Report Aug 29-Sep 5

Key points:

• Attending Korean Blockchain Week 2023
• Upbit announced the suspending withdrawals/deposits after the REI Network hardfork
• Open mic session with RYI Unity, Roburna, Phoenix Blockchain, and Trust Linker
• REI Network Educate: The Perfect Fit for On-Chain Gaming
• Deposit $REI to earn APR up to 7.9% on Binance Simple Earn
• Strategic partnership with THE PLANET OF THE HARES and RIDO

A. Product Development Progress

REI-CORE

-Self-built REI Network on-chain data service system @100%

-Investigate the compatibility and composability of mainstream layer2 solution op stack @100%

REI-DAO

-REI DAO on-chain parameter management module review and testing @100%

-REI DAO Slash Module review and testing @100%

-Continue to follow up on validator upgrades @100%

B. Operational Progress

• REI Network is attending Korean Blockchain Week 2023 in Seoul. Really excited to meet and connect with other Web3 builders! Looking forward to catching up with you all. Have a peek: https://twitter.com/GXChainGlobal/status/1698981375192539606.
• We had an open mic session with RYI Unity, Roburna, Phoenix Blockchain, and Trust Linker last Wednesday, the recorded session of yesterday’s AMA Twitter Space is now available on YouTube! Catch up on all the insightful conversations by watching the recording. Watch now: https://twitter.com/RYI_Unity/status/1695751507780554998. Play record: https://twitter.com/i/spaces/1vOGwMXkLENxB?s=20.
• REI Network Educate: The Perfect Fit for On-Chain Gaming. The article analyzes in-depth the differences and essential characteristics between fully on-chain games and traditional online games, as well as why REI Network can be the preferred underlying public chain for fully on-chain games. Read more: https://medium.com/gxchain-project/rei-network-the-perfect-fit-for-on-chain-gaming-f89d578526f2.
• Upbit has announced the suspending of withdrawals/deposits after the REI Network hardfork on September 10. Details: https://upbit.com/service_center/notice?id=3714. Duration: 9:00 AM, Sep 10th UTC — until separate announcement after confirming the stability of REI hardfork.
• Deposit $REI to Earn Rewards on Binance Simple Earn. Enjoy incredible APR up to 7.9%. Navigate for more details. Visit now: https://binance.com/en/earn/rei.
• We’re excited to have discussions over the past three months with several projects building, and growing the ecosystem! Stay tuned and get ready to learn more about REI Network from our live spaces. Details: https://twitter.com/GXChainGlobal/status/1697136749938667529.

C. Ecosystem

• Welcome THE PLANET OF THE HARES — the blockchain-based metaverse ecosystem platform to REI Network ecosystem! Uniting the metaverse and advanced blockchain tech to create a powerhouse for Web3 projects. Get ready for an epic fusion of entertainment, innovation, and limitless possibilities! Details: https://twitter.com/GXChainGlobal/status/1697165168248320400.
• We are happy to announce that RIDO — a programmable storage protocol that redefines data in web3, constructs data shared ecosystem, prompts DataFi and becomes pump for AI. Uniting cutting-edge blockchain adaptability with innovative data storage in the web3 realm. Get ready for enhanced advancements! Details: https://twitter.com/GXChainGlobal/status/1696791138815066417.

Join the REI Network 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, REI Network 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 receiving timely updates from the following official channels:

Twitter | Telegram | Medium |Github | Reddit | Website| Discord

Attending Korean Blockchain Week 2023, Enjoy APR up to 7.9% on Binance was originally published in REI Network Project on Medium, where people are continuing the conversation by highlighting and responding to this story.