Reef Finance Welcomes NFTify to Reef Chain to give access to NFTs Through E-Commerce

Published on: 28.06.2021

Reef Finance Welcomes NFTify to Reef Chain to give access to NFTs Through E-Commerce.

Reef will allow users to:

  • Quickly and easily Issue and sell NFTs with low fees on Reef Chain
  • Access a diversity of DeFi protocols, allowing NFT owners to explore and leverage their NFTs in a variety of manners
  • Apply for a REEF Grant to recover part of the transaction fee incurred when using Reef Chain.

Upon launch, NFTify will provide a bridge that allows users to transfer $N1 ERC-20 tokens from Ethereum to $N1 on Reef Chain.

About 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.

About NFTify

NFTify was created to provide one place to build an influential NFT marketplace and brand. We have built the Shopify of NFTs, with a difference. At NFTify, NFT shops operate at the convergence of the nextgen blockchain and Web 3. Buyer and seller matching is more highly interconnected, intelligent, and relevant. NFT transactions are transparent, traceable, and copyright protected.

➡️Source:
https://medium.com/reef-finance/reef-finance-welcomes-nftify-to-reef-chain-providing-greater-access-to-nfts-through-e-commerce-56b558bd4966

Market Stats:
BTC Dominance: 59.89%(+0.44%/24h)
ETH Dominance: 12.38%(-0.40%/24h)
Defi Market Cap: $84.41B(-12.24%/24h)
Total Market Cap: $3021.26B(+3.81%/24h)
Total Trading Volume 24h: $205.31B(-11.46%/24h)
ETH Market Cap: $374.65B
Defi to ETH Ratio: 22.53%
Defi Dominance: 2.67%
Altcoin Market Cap: $1211.75B
Altcoin Volume 24h: $124.9B
Total Cryptocurrencies: 32221
Active Cryptocurrencies: 10064
Active Market Pairs: 89442
Active Exchanges: 760
Total Exchanges: 9578
BTC: 91593.75$(0.38%/1H)
ETH: 3110.29$(0.47%/1H)
AVAX: 33.15$(0.7%/1H)
BNB: 619.21$(0.19%/1H)
MATIC: 0.37$(0.93%/1H)
FTM: 0.72$(0.59%/1H)
ADA: 0.68$(1.65%/1H)
DOT: 5.14$(0.11%/1H)
UNI: 8.54$(0.86%/1H)
CAKE: 1.84$(0.03%/1H)
SUSHI: 0.75$(0.9%/1H)
ONE: 0.01$(0.3%/1H)