Futures
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One platform for global traditional assets
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Launch
CandyDrop
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Launchpool
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Alpha Points
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How many REI do you have?
The development of REI coin can be traced back to 2017, when it was established in the form of REI Network, aiming to build a value network for trusted data1. REI Network was initially designed to address the collective dilemma facing the current public chains and to provide solutions for the transformation of public chains and the new paradigm of Cross-Chain Interaction. It is a lightweight, free application-level new public chain compatible with Ethereum Virtual Machine (EVM), especially suitable for enterprise and developer use12.
REI Network was launched in December 2021 as an upgraded version of GXChain. This upgrade aims to enhance the development trend of blockchain and meet the growing demand for Decentralized Finance (DeFi). REI Network adopts the Delegated Proof of Stake (DPoS) and Byzantine fault tolerance (BFT) mechanisms to ensure network scalability and security 23.
The maximum supply of REI coin is not specified, the total supply is 1 billion, and the circulating supply is 950 million. REI coin, as the native Token of REI Network, is mainly used for paying Money Laundering, incentivizing Node participation, and governing platform development. The goal of REI Network is to provide a high-performance, low-cost, secure and reliable Block chain platform that supports the development and deployment of distributed applications, Smart Contract, and digital asset.
The operation mechanism of the REI Network includes complete decentralization, transparency, and security. It is built on blockchain technology, without any central institution or central bank controlling its issuance and transactions, ensuring transparency and security of transactions. In addition, the REI Network is committed to simplifying real estate investment and transactions, realizing global real estate investment through blockchain technology, reducing transaction costs, and improving efficiency 14.