ReapChain

ReapChain

Created using Figma
ReapChain offers a new hybrid blockchain with a Shell-Core Structure. It solves the trilemma of existing blockchains “scalability, security, and decentralization” through a unique consensus algorithm and ReapMiddleChain and tries to implement the integration of blockchain and IoT industry by resolving the security and mass data processing problems of the existing IoT market.
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Bithumb
    REAP/BTC one month ago
    $ 0.0006
    $ 12.665 K
    6.59%
    -66.12%
  • Bithumb
    REAP/BTC one month ago
    $ 0.0010
    $ 59.476 K
    1.55%
    693.55%
  • LBank
    REAP/USDT one year ago
    $ 0.0191
    $ 23.924 K
    -
    -
  • Phemex
    REAP/USDT one year ago
    $ 0.0694
    $ 20.553 K
    6.77%
    4.71%
  • Gate.io
    REAP/USDT 2 one year ago
    $ 0.1060
    $ 6.537 M
    -
    -
  • KuCoin
    REAP/USDT 2 one year ago
    $ 0.1306
    $ 477.744 K
    -7.57%
    -29.73%
Pre-Sale
Jul 22, 2020
Aug 22, 2020
100% completed
Raised funds - no Data
Hard cap 18 000 000.00 USD
past
  • 1 REAP
    =
    0.03 USD
2nd Private
Jun 20, 2020
Jul 5, 2020
100% completed
Raised funds - no Data
past
1st Private
To be announced
Token Details
Ticker
REAP
Total supply
4.9 billion
Token Distribution
Token Sale - 30%
Ecosystem Participation Incentive - 10%
Founders & Team - 7%
Standing Committee Node - 28%
Early Contributors - 5%
Marketing - 5%
Reserves - 15%
Accepted Currencies
ETH, USDT
Min Contribution
9000
Company Details
Registered Country
Estonia
Additional Details
MVP/Prototype
Yes
Platform
ERC-20
KYC
Yes
Categories
Platform

About ReapChain

The Fourth Industrial Revolution has been advocated during the World Economic Forum in 2016. It is the next industrial revolution with ‘Intelligence’ and ‘Connectivity’ as keywords. Blockchain was listed as one of the most important technologies of The Fourth Industrial Revolution together with the Internet of Things, artificial intelligence, and big data. It is expected that Blockchain will lead to the expansion of the big data market by strengthening control over individual data as well as data
security in the Fourth Industrial Revolution where the collection and operation of large amounts of data become crucial1.
Since the development of the first generation of Bitcoin, the second generation of Ethereum, and the third generation of EOS along with numerous main nets, blockchain is considered as a high growth potential technology. However, its use is limited as a cryptocurrency that proves the rights to owned assets. Because the blockchain operates based on a distributed network to secure transaction transparency and reliability, the relatively slow transaction processing speed and expansion problems2
are limiting factors in boosting the blockchain-based industry. ReapChain is not just trying to implement the main net for cryptocurrencies. ReapChain aims to implement the main net to solve the problems of the data processing speed and scalability of existing private and public blockchains and be practically used in various industries. ReapChain presents the following mission and visions.

ReapChain Roadmap

  • 2019.1Q

  • ReapChain Mainnet planing and design
  • 2019.2Q

  • ReapChain Mainnet Planing (Ver 0.1) development
  • 2019.3Q

  • ReapMiddleChain (Ver.0.1) design and development
  • 2019.4Q

  • Reap Platform & Reap SDK (Ver.0.1) design and development
    Smart Contract establishment and Reap Wallet (Ver.0.1) development
  • Read More
  • 2020.1Q

  • ReapChain MVP (Ver.0.8) Verification Test
    ReapMiddleChain MVP (Ver.0.8) Verification Test
    Whitepaper Ver.0.8 release
    Seed Sale
  • 2020.2Q

  • ReapChain Alpha (Ver.1.0) development and verification test
    ReapMiddleChain Alpha (Ver.1.0) development and verification test
    Reap Platform & Reap SDK Alpha (Ver.1.0) launching and verification test
    ReapChain Token Sale-1st Private Sale
    ReapChain Token Sale-2nd Private Sale
  • 2020.3Q

  • Whitepaper Ver.1.0 release
    Alpha Integration Test
    ReapChain Beta (Ver.2.0) development and verification test
    ReapMiddleChain Beta(Ver.2.0) development and verification test
    Reap Platform & SDK Beta (Ver.2.0) launching and verification test
    Reap Wallet (ver1.0) Open
    Pre-Sale and exchange listing
    Token Generation (TGE) and Distribution
    MCU based PID of thing development
    MOU with ITM, Taiwan MCU developing Company
  • 2020.4Q

  • Whitepaper Ver.2.0 release
    Beta Integration Test
    ReapChain BaaS based service infrastructure construction
    Micro service based Reap Platform service infrastructure construction
    Secure BM to spread Reap Platform - MOU with IoT device company
    Secure BM to spread Reap Platform - MOU with IoT platform service company
  • 2021.1Q

  • Commercialization service environment establishment and operation stabilization
  • 2021.2Q

  • Service infrastructure scalability construction
  • 2021.3Q

  • Mainnet official open
  • 2021.4Q

  • ReapChain TestNet operation
    PID-based IOT logistics system official service
    REAPCHAIN-based simple payment "REAPPAY" official service
    RREAPCHAIN-based sales omission prevention system "Dream Tomorrow" official service
  • 2022.2Q

  • Mainnet officially opened

ReapChain Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Seungjong Lee
COO
unverified
Suho Kwon
R&D CTO
unverified
Jay Yoo
CMO
unverified
Jake Lee
CEO
unverified
Khan Kim
CSO
unverified
Sungjin Kim
CTO
unverified

ReapChain Last News

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