REI Network Partners With Fansland
REI Network has announced a collaboration with Fansland. The partnership is aimed at enhancing the experiences of the Web3 community. Fansland is focused on creating a top-notch Web3+AI Infrastructure for global fans.
Refer to the official tweet by REI:
REI Network｜From #GXChain!@GXChainGlobalApr 12, 2024🤝 We're excited to announce REI Network's collaboration with @fansland_io
Fansland aims to build The best Web3+AI Infrastructure for global fans. The partnership is all about bringing unmatched benefits and experiences to our dedicated Web3 community. pic.twitter.com/hwynG6VPkd
REI Info
REI Network, previously known as GXChain, is a restructured EVM-compatible blockchain. With its focus on lightweight structure and optimal performance, it aspires to provide a no-fee blockchain infrastructure, while retaining compatibility with the Ethereum Virtual Machine (EVM).
The operational foundation of REI Network is built on a DPoS+BFT consensus algorithm, which accentuates efficiency and energy conservation. The network comprises System Contracts, a suite of intrinsic contracts that facilitate essential functionalities such as staking, inter-blockchain communication (IBC), and resource allocation.
REI, the proprietary token of the network, serves multiple crucial roles within the ecosystem. It is a medium for transaction gas fees, enabling smooth transaction verification. REI also empowers its holders with governance capabilities, allowing them to actively participate in REI DAO’s decision-making process. Additionally, individuals aiming to validate transactions within the REI Network can stake REI tokens to pledge their commitment as network validators.