[About us] Brand identity

ReapChain(REAP)
ReapChain Official
Published in
2 min readMay 11, 2021

Good morning Friends,

this is CMreap Team.

Today, we have prefared “Brand identity” about Reapchain😊

Brand identity : Reap [riːp]

1. to harvest particularly good results 2. to obtain crops

Reap means [to harvest]. We came to think of the name ‘ReapChain’ in the sense of re-harvesting REAP, which all stakeholders in the blockchain ecosystem use as fees. Mining-type coins like Bitcoin and Ethereum have room for monopoly because they require computing power and the rewards increase as they have more computing power. In the case of Bitcoin, CEO Ji-han Woo occupies most of the computing power.

​Therefore, we are distributing profits through a reward system that fairly distributes profits to all stakeholders who own REAP, rather than an incentive policy like PoW or PoS that directly contributes to the network through the reapchain token economy.

In short, if you pay with Kakao Pay, you can think of it as a way to get rewards back.

Therefore, if you use and hold reapchain, you can receive rewards for the fees paid. Through these rewards, the ecosystem is activated by returning REAP as a reward to the holders, users, and all stakeholders of the reapchain, rather than a monopoly of rewards.

LOGO SYMBOL

The logo of Reapchain symbolically represents the part where each node of the blockchain is connected, and the main navy color symbolizes trust and safety through blockchain consensus.

Together with CMreap, we saw the birth story of reapchain and the direction to go forward.

As Reap means ‘harvest good results’, the reapchain project is going to be good too!

reapchain will strive to create a transparent and fair ecosystem through sharing with you, and will go forward so that you can find it closely in your life!

CMreap Team.

★ReapChain Official Community

Homepage: https://reapchain.com/

Telegram: https://t.me/joinchat/MbaQ7RaZchMzjAam9yMS0Q

Medium: https://medium.com/reapchain

Facebook: https://www.facebook.com/ReapChain/

Twitter: https://twitter.com/ReapChain

Partnership and alliance inquiries: reapchain@reapchain.com

Investment and sales inquiry: sale@reapchain.com

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