In a significant development for the Web3 ecosystem, REI Network has announced its collaboration with PoPP, a platform focused on decentralized social identity. The goal of this partnership is to bring together PoPP’s Web3 social protocols with REI’s innovative royalty-free blockchain infrastructure compatible with the Ethereum Virtual Machine (EVM). The alliance aims to provide advanced insights into on-chain behavior to power the next wave of decentralized finance (DeFi), gaming finance (GameFi) and non-fungible tokens (NFT) ecosystems.
REI Network is a public blockchain that works seamlessly with EVM and is designed to adapt to the rapidly changing blockchain environment. The network acts as an Ethereum parachain and offers a developer-friendly framework with no transaction fees. This unique fee-free structure makes it a standout option for developers looking for a scalable and cost-effective blockchain solution.
We are excited to announce a transformative partnership between REI Network and @Hi_PoPPOfficial! 🤝
By combining REI’s fee-free, EVM-compatible blockchain with PoPP’s Web3 social protocols, we enable on-chain behavior insights to power next-generation DeFi, GameFi and NFT ecosystems. pic.twitter.com/WbabG8Pzf2
– REI Network|By #GXChain! (@GXChainGlobal) December 25, 2024
On the other hand, PoPP leverages blockchain technology to provide users with a decentralized platform to create and manage digital identities. Through programmable tools like Soulbound Tokens (SBTs) and NFTs, users can represent their social and organizational credentials in a metaverse-inspired space. The platform values users…