Oshen x Reef Chain Partnership
Oshen is building a unique NFT marketplace on Reef Chain showcasing new content from elite athletes & natural world artists.
These NFT creators will be able to offer prime content and market their art. The artists and athletes are going to use NFTs to open an extra dimension to the value of their work, which provides them the opportunity for a passive income source.
“We were delighted when we got the opportunity to move our exciting project onto Reef Chain and all the utility it provides. Oshen is the first of its kind as an adventure-based NFT marketplace with a real-life impact on our natural world. Working with Reef greatly increases the impact that we could have in both the virtual and physical worlds.” — Mitch Rankin, Oshen Co-Founder.
Reef Finance has developed a fast, scalable, and EVM-compatible chain for DeFi applications, Reef Chain. Reef Chain is currently in the canary version of the mainnet and the official mainnet is due to launch in the next couple of weeks. Reef Chain is a customized blockchain that allows developers to build DApps or deploy existing projects from Ethereum.
Reef Finance and Oshen Collaboration Vision
Reef and Oshen’s partnership opens new doors for both initiatives, along with the athletes, natural world artists, and their fans. The Oshen marketplace is built and scheduled to launch in a few days on the Ethereum blockchain. The Oshen team aims to integrate Reef Chain as Reef offers a higher transaction completion rate, giving Oshen’s platform better scalability along with lower transaction fees, enhanced accessibility, and a DEIP network that bridges ER20 and BEP20 tokens to Reef Chain. Users will also have the opportunity to try the Reef Debit Card, which will improve the card’s adoption potential and reduce the need to move funds on-chain.
Reef is especially excited to have such a novel platform, representing the bleeding edge for NFT use cases, available to Reef Chain users. Reef’s partnership with Oshen makes it easy and affordable for Reef users to access the platform. They will also be able to leverage Oshen’s NFTs in Reef’s high liquidity, cross-chain DeFi protocols.
The collaboration will further enhance Reef’s potential for offering high liquidity, novel use cases for DeFi regardless of which blockchain the native liquidity is available on.
“We are committed to building out the Reef ecosystem and thus were elated to learn about Oshen, a truly complementary solution to our growing list of DApps. We love the idea of world-class athletes engaging with their fans in this new proactive manner through Oshen and look forward to this team building out their solution on Reef Chain.” — Valeria Kholostenko, CMO, Reef Finance.
What is Oshen?
Oshen is the world’s first adventures-based NFT platform, providing filmmakers, artists, and athletes an NFT marketplace for their creations. Oshen will allow these top performers to build a sustainable income from their assets, creating a source of passive income.. From every resale, there is a royalty split between the creator and rights owner. Oshen will donate a portion of all proceeds to organizations devoted to conservation and the preservation of our natural habitat.
What is Reef Finance?
Reef Finance 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.
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