REI Network to Host Meme Contest
REI Network is hosting a Halloween-themed meme contest. Participants are encouraged to create memes featuring the REI Mascot. The contest offers a chance to win REI as a prize. The first prize is $50 worth of REI, the second prize is $30 worth of REI, and the third prize is $20 worth of REI. The contest will be finished on October 31st at 23:59 UTC.
Refer to the official tweet by REI:
REI Network｜From #GXChain!@GXChainGlobalOtt 27, 2023Get your creative caps on! Create REI Mascot-themed Halloween memes with a crypto twist for a chance to win big! 🤩
🥇1st Prize: $50 REI
🥈2nd Prize: $30 REI
🥉3rd Prize: $20 REI
Contest Deadline: 31 October 23:59 UTC
To enter, 🔄&â¤ï¸&tag 3, share your meme in the comments… pic.twitter.com/1OgqQCVKkp
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.