Somewhat-known altcoin has doubled up over the past 24 hours amid new partnerships and perpetual contract listings.
New info reveals that knowledge alternate digital asset REI Community (REI) – which goals to be a feeless Web3 protocol – is buying and selling for $0.280 at time of writing, a rise of about 103% over the last day.
The crypto’s rise in worth coincides with its announcement of quite a few collaborations with different crypto and tech corporations, reminiscent of OpenTaskAI, a man-made intelligence (AI)-focused international market that connects companies and freelancers.
“[REI Network] goals to realize a light-weight, EVM (Ethereum Digital Machine) appropriate, larger efficiency, and no payment blockchain framework. This collaboration connects our AI abilities with their enterprises, main AI + Web3’s future!”
Moreover, REI Community says it’s additionally forming a partnership with the OpenName Venture, an omnichain naming service that may simplify how Web3 domains are registered and managed over REI.
“We’re excited to announce OpenName Venture, a number one Omni-chain Identify Service, has now teamed up with the REI Community. This partnership marks a big step ahead in simplifying the registration and administration of Web3 domains on the REI Community.”
Lastly, crypto alternate Gate.io – at the moment the seventh-ranked platform by way of 24-hour normalized quantity – has announced that it has added REI/USDT perpetual contracts to its record of merchandise.
Do not Miss a Beat – Subscribe to get e-mail alerts delivered on to your inbox
Examine Worth Motion
Comply with us on Twitter, Facebook and Telegram
Surf The Day by day Hodl Combine
Generated Picture: Midjourney