Reef

🪸 THE LAST TWO WEEKS AT REEF 🪸

Friday, April 25, 2025

- 1 billion more REEF exchanged with Paribu
- Met with a marketing/KOL agency, two fiat on-ramp providers, and one AI agency
- Secured at least $1 million in a new fundraise with Pinnacle Ventures
- Discussed next steps with two fiat on-ramp providers
- Saw development progress from two centralized exchanges in integrating Reef Chain
- Released build 30 of Reef Chain Wallet for Android
- Started receiving funds from Pinnacle Ventures
- Started submission process of Teef Chain Wallet for iOS
- Bought a ticket for a conference happening in May
- Development work continues on DAO coordination platform and new incentive program
- Received approximately 10.5 million REEF-BSC from MEXC
- Picked which fiat on-ramp provider to move forward with; proceeding with paperwork
- Began registering two new entities, including one for the new investment fund
- Restarted conversations with some old partners
- Working on new relationships with companies who will introduce projects to Reef Chain
- Work on Reef’s for the Ledger hardware wallet began
- Set up meetings with a media company and a game developer

🔥 500 MILLION $REEF bridged — and counting!

We're bringing $REEF home 🌊🚀

Have you moved yours to native yet?

Let’s get you sorted 👇

🎲 Pigmo gaming is back with another exclusive drop for Reefians! 🎲

Our GameFi partner @pigmo_co is showing love once again 🎰🔥

💰 Promo Code: REEFMAXI
⚔️ 35 Free Spins on Duel at Dawn
🏆 First 200 claims only
💵 Deposit 46,500 $REEF (~$15) to unlock

Grab your spins 👉 https://t.co/H0dfnFnSLF

#ReefChain #GameFi #CryptoCasino

🔥 500 MILLION $REEF bridged!

The Reef Chain ecosystem keeps growing 🌊🚀

#ReefChain #DeFi

🧵 Reef Q1 2025 Roadmap Update

Reef is progressing steadily in 2025, focusing on building a comprehensive blockchain ecosystem. Here’s a summary of the key developments:

Reef but make it suede 🤎

Designing with Derek - 14 Apr 2025

🪸 THE LAST TWO WEEKS AT REEF 🪸

Friday, April 11, 2025

- Had a meeting with someone hosting a crypto conference in European in June; was invited to speak
- Met with a DePIN/nature project that’s fundraising and looking at which blockchain to deploy on; encouraging them to deploy on Reef
- Met with a team that offers market-making and advisory services
- Still in discussions with several teams who can help get the labs entity registered and funded
- 490 million REEF token swap completed with Paribu; next swap is being arranged
- More discussions with centralized exchanges about switching to supporting Reef Chain
- Received the first iteration of Reef’s integration into VIA Labs’ Proto-USD bridge; testing completed and feedback provided
- Published video of the panel that Reef was part of at Web3 Amsterdam
- Booking meetings with several projects looking to expand to new chains
- Identifying new and more ways to notify legacy REEF holders about the bridge to Reef Chain
- Several new builds of Reef Chain Wallet for Android and iOS
- Latest Android build should be completely bug-free
- If testing goes well, iOS app should be submitted to App Store this month
- In discussions with some VCs to raise some funding for the core team, allowing us to put more money into existing and new initiatives; no details to share at this time
- Published video of the solo talk we had at Web3 Amsterdam

🎲 Pigmo gaming is back!

Here's a new code for Reefians! 🎲

Our GameFi partner @pigmo_co returns with another exclusive promo! 🎰🔥

💰 Promo Code: REEFCHAIN01
🎡 50 Free Spins on Sweet Bonanza
🏆 First 200 claims only
💵 Deposit $19 to unlock
Grab your spins 👉 https://t.co/2vWjcbjCuw

#ReefChain #GameFi #CryptoCasino

🤔How do we bring billions on-chain?

At @web3amsterdam 2025, leaders from #ReefChain, @RujiraNetwork, @venga_app & @Toobit_official dive deep into blockchain UX, onboarding, and simplifying crypto for the masses.

Watch now👇

https://t.co/8yzER9GlTV

#Web3 #UX #CryptoAdoption #Blockchain

💪 Phase 2 of the Nominators Challenge is going strong!

We now have over 1.1k active nominators!

As of today, 131,500+ $REEF up for grabs and growing $500 $REEF daily 💰 until we reach 1,500 active and unique nominators.

Who wants to be the winner? 🏆

Become the 1,500 nominator now 👇

https://t.co/4CvCMpGpxo

#CryptoRewards #ReefChainChallenge

Oh snap! We get to have some fun testing a new capability next week!

🌊 March 2025 at Reef: Huge moves!

From Web3 Amsterdam to major milestones in dev, token metrics, and ecosystem growth — we’ve been building hard and showing up IRL.

Here’s the quick recap 👇

🪸 LAST WEEK AT REEF 🪸

Friday, March 28, 2025

- Put together a new, centralized doc for CEXs that are integrating Reef Chain; supplied the doc to three CEXs
- @WhiteBit publicly confirmed they will switch over to supporting REEF on Reef Chain
- Development on the Reef app for Ledger hardware wallets will soon is underway thanks to an anonymous donor
- We held meetings with multiple individuals and entities this week including:
- a previous founder and well-connected individual who could help us fundraise for the labs entity
- a market maker, a centralized exchange popular in SE Asia
- the head of BD for a well-regarded DeFi protocol
- and the founders of a team building a set of products that unlock primary and secondary deal flow (OTC, CeDeFi, fundraising) and can help fundraise for the labs entity
- The first version of ReefSwap’s docs were completed
- An onchain incentive campaign is now design complete, moving into the development stage
- A new version of Reef Chain Wallet for Android, with multiple bug fixes in place, is now in internal testing
- A new build of Reef Chain Wallet for iOS is almost ready to submit to the App Store
- Reef Bridge was officially validated on Magic Store
- We were on two X Spaces with Hotcoin and Web3 Global Media, and Derek live-streamed a mobile app wireframing session across X, YouTube, Facebook and Kick

Lots of work done, much more to come!

Designing with Derek - 28 Mar 2025

It's a great day for Reefians! @MagicSquareio voting is officially closed, and the results are in 👇

Reef Bridge just wrapped up the Community Validation Program on @MagicSquareio with:

✅ 4.6 Validation Score
✅ High Trust Rating
✅ 92% YES votes from 1,222 voters! 💪

Massive thanks to everyone who showed up and supported. The Reef ecosystem keeps growing — and this is just the beginning! 🌊

See the results live 👇
https://t.co/EA1jrciHOD

#ReefChain #Web3 #DeFi #MagicSquare

🔥🚨 $REEF BURN ALERT 🚨🔥

BNB Chain Burn Tx: https://t.co/izYctUwLrP

Ethereum Burn Tx: https://t.co/ux4DxZPz3Y

Today we burnt 91,029,088 $REEF on legacy chains!

In total we have burnt 1,189,367,847 $REEF on Ethereum and BNB Chain, which much more to come!

🪸 THE LAST TWO WEEKS AT REEF 🪸

Friday, March 21, 2025

- Travelled to Amsterdam for Web3 Amsterdam!
- Burnt almost 73 million $REEF on Ethereum and BNB Chain
- Submitted Reef Bridge to Magic Store for visibility; validation campaign almost complete
- Made amazing new connections in Amsterdam; solidified some existing ones in person
- Derek did his talk on how to revive a dying ecosystem in 6 months, and appeared on a panel focused on simplying UX to fuel global adoption of crypto
- Sqwid launches a new initiative to onboard young artists in partnership with True Stars Media
- New version of Reef Chain Wallet for Android is in internal testing; should roll out to beta testers soon
- We have temporarily hidden the Reef Chain Wallet features we can’t deploy on iOS easily; there’s a connection issue that the dev is looking into now, which should get sorted out next week; forecast iOS release in Q2
- Initiated another token swap with a CEX, 490 million REEF sent; waiting for legacy REEF now
- Started discussions with more than 5 new projects about expanding to Reef Chain
- CommComm updated the AwesomeReef website with exchanges and dapps
- Development has begun for an onchain incentive campaign; will launch in Q2
- We have identified the funds needed to have Reef’s Ledger app updated, audited and submitted to Ledger; if all goes well it will be back in Q2
- Two tier-2 exchanges have agreed to support the token swap and switch to REEF on Reef Chain; more details coming
- Two tier-1 exchanges have agreed to support the token swap and switch to REEF on Reef Chain; technical documents have been provided; more details coming soon

A hot piece of swag at @web3amsterdam 🔥🍻

Should we bring it back? 🤔

#Swag #ReefChain

A New Vision, Fresh Momentum!

🚀 @web3amsterdam was the perfect moment for Reef's big return to #Web3 IRL events & conferences.

It was a fresh experience for us to present a new narrative, connect with major partnerships, & present game-changing plans for growth.

Here’s what went down 👇