Reef and pax.world Announce Strategic Partnership
Earlier this year, Reef announced it was pivoting from focusing purely on launching a Polkadot parachain to focusing on a layer 1, smart contract blockchain that supported multiple virtual machines. Why? Because almost every new developer we met was looking for a solution to high transaction fees and low transaction velocity. As a blockchain built on the amazing Substrate technology, with tendrils in every major part of the blockchain industry, Reef Chain is poised to welcome thousands of developers and dApps with open arms, with no changes require to a codebase to deploy on Reef.
As the perfect blockchain for DeFi, NFTs and gaming, Reef is pleased to announce a strategic partnership with pax.world, the first-ever virtual world owned by its users.
pax.world is the next step in communication evolution to the digital world where people and companies alike create personalized spaces, or entire worlds. You will soon be able to explore, build, learn, trade and communicate in ways not possible until now.
Reef is excited to be pax.world’s first major backer, and to be partnered with an amazing team of thought leaders, artists, and developers.
In closing this agreement Reef CEO Denko Mancheski said, “Earlier this year I shared a screenshot of a virtual office with Reef branding. Many people were excited to know more, and I have been peppered with questions about that image ever since. I am ecstatic to have formed this strategic partnership between Reef and pax.world, and cement Reef’s place in the metaverse. The metaverse will help bring the next wave of consumers into blockchain technology, and we have to remain ahead of the curve, setting good examples of what can be done when you put the technologies pax.world and Reef are building together.”
Reef has built a strong foundation throughout 2021, and is poised to see amazing, immersive projects like pax.world and many others deploy on Reef Chain through 2022.
About pax.world
pax.world is the first-ever virtual world owned by its users. As the metaverse comprises 3D virtual worlds and inter-connected environments that can be joined by anyone in the world with powerful real-time communication tools, pax.world recognizes such platforms must be open to all, built using standards, and support personalized experiences where users can create, consume and enjoy rich content and participate in a community-driven digital economy.
Join the pax.world community on Twitter |Telegram | Discord.
About Reef
Reef is building Reef Chain, a DeFi blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and EVM, allowing developers to seamlessly migrate their DApps from Ethereum without any change in the codebase. Our vision is to make DeFi easy for everyone to invest in and build DeFi applications on top of Reef Chain.
- 🌎 Website: https://reef.io
- 🐦 Twitter: https://twitter.com/reef_chain
- 🗣 Discord: https://discord.gg/reefchain
- 💬 Telegram: https://t.me/reefchain
- 📚 Medium: https://medium.com/reef-finance
- 📸 Instagram: https://www.instagram.com/reef.io/
- 🤖 Reddit: https://www.reddit.com/r/ReefDeFi/
