Description
REI Network, formerly known as GXChain, is a high-performance blockchain designed to provide a scalable, efficient, and decentralized platform for Web3 development. Positioned to support decentralized applications (dApps) and smart contracts, it offers features such as low gas fees, high throughput, and multi-chain support, addressing limitations of existing blockchains. The platform is Ethereum Virtual Machine (EVM) compatible, ensuring ease of development and migration for dApps with no transaction fees. Through its native token, REI, used for transaction fees, governance, and staking, REI Network supports the ecosystem's growth, including decentralized finance (DeFi) and non-fungible tokens (NFTs). By reducing barriers to entry and enhancing scalability, REI Network aims to drive wider blockchain adoption and innovation.
REI Network, formerly known as GXChain, is a high-performance blockchain designed to provide a scalable, efficient, and decentralized platform for Web3 development. Positioned to support decentralized applications (dApps) and smart contracts, it offers features such as low gas fees, high throughput, and multi-chain support, addressing limitations of existing blockchains. The platform is Ethereum Virtual Machine (EVM) compatible, ensuring ease of development and migration for dApps with no transaction fees. Through its native token, REI, used for transaction fees, governance, and staking, REI Network supports the ecosystem's growth, including decentralized finance (DeFi) and non-fungible tokens (NFTs). By reducing barriers to entry and enhancing scalability, REI Network aims to drive wider blockchain adoption and innovation.
