DystoWorld and Reef Chain Strategically Partners
DystoWorld has strategically partnered with Reef Chain. Reef chain is an EVM compatible blockchain which is fast, scalable, has low transaction costs, and does no wasteful mining. It is built with a Substrate Framework and comes with on-chain governance. Reef uses a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism.
Through the partnership, the two parties will explore areas of cooperation including the integration of DystoWorld products (Launchpad, Marketplace, Metaverse) with the Reef Chain network and launching of NFT collections on the Reef ecosystem. Together, they will work towards providing wider access to Metaverse and DystoWorld products.
As strategic partners, both teams will work towards a common mission of bringing DystoWorlds’ innovative products to market. Also securing smart contracts and decentralized applications in the Reef ecosystem through reliable, low-cost, scalable, and faster execution time provided by the Reef Chain.
About Reef Chain
Reef Chain is building Reef Chain, a DeFi blockchain built using the 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 the Reef Chain.
Reef Chain has developed a fast, scalable, and EVM-compatible chain for DeFi applications, Reef Chain. 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.
SOURCE:
https://medium.com/@Dystoworld/dystoworld-strategically-partners-with-reef-chain-7592088297aa
