Reef

Reef

Created using Figma
Reef, our future gaming platform is the product of Squid Networks. We are a UK based firm striving to create a globally recognized platform focused at the PC gaming market. We are looking to raise funds via an ICO to fund the development of the platform. Once the platform has been fully developed, gamers will be able to earn tokens for playing games on the platform and developers will receive a small percentage of all tokens earned on their game. So far we have built relationships with several media companies over 35 game development companies who all support our idea and gained support from hundreds of gaming community members.
Data is not available
Private sale
Jun 17, 2019
Jun 24, 2019
100% completed
Raised funds - no Data
Goal 450 000.00 USD
Cap 450 000.00 USD
past
  • 1 SQUID
    =
    0.075 USD
Token Details
Ticker
REEF
Total supply
9125000000
Token Distribution
1 week after each sale is complete
Accepted Currencies
ETH
Min Contribution
5
ETH
Company Details
Registered Company Name
Squid Networks
Registered Country
United Kingdom
Company Founded
Mar 15, 2018
Bonus Structure
100% on private sale, 50% on pre-sale, 0% on public sale
Additional Details
MVP/Prototype
Yes
Platform
Ethereum
KYC
Yes
Categories
Platform

About Reef

Our ultimate goal is simple, to bridge the gap between gamers and developers and allow gamers to get paid to play. We strive to allow gamers to have a direct impact on the games they chose to play through community voting whilst giving developers the chance to showcase their developments. We want to break down the existing barriers to entry within the market and create more opportunity to interact with the community. We are confident that our platforms unique features will allow gamers and developers to benefit more than they have before. Finally we want to increase the amount of gamers that can get paid for doing something they love, we aim to achieve this by introducing our native SQUID token. We believe all of our goals are achievable by having a community-driven platform and is why we are putting the gamers and developers at the heart of our project.

Features

Reef Features


SquidProval - SquidProval is a community-driven voting system which allows the
verified members of the Reef community to vote for what games enter the
platform.
Each game developer will provide a short video which showcases their game
alongside a brief bio on them and their game. Gamers will then have the
opportunity to make an informed decision on the presented game and either
vote ‘yes’ or ‘no’ for the game to enter the platform.
Each game will be live for voting for one week, after which ratings will be totalled
and averaged and games that attain a certain percentage of ‘yes’ votes, will then
be eligible to become full members of Squid Network’s Platform.
This process puts the control in the hands of the gamers, whilst increasing
competitiveness among game developers which is essential for developing new
innovative games. Overall making the Reef ecosystem a more vibrant and diverse
place for both developers and gamers alike.
The benefit of the gaming community being at the forefront of decision making
within the platform is a more coherent market and a unique bond being formed
between the developers and gamers. All developers will have earned their place
among the community and will immediately have supporters of their game. This
is beneficial to all parties and creates a community whereby games are not
forced upon its users.


Reviews - Reef will have the functionality to allow gamers to easily refer games
they enjoy to their friends through a messaging system allowing gamers to refer,
review and discuss their favourite games.
All games will have ratings and ratings are given by users of the platform.
Typically, platforms usually put reviews in chronological order with the most
recent at the top. On our platform however, reviews will be based off ranking and
game time. I.e if someone has spent 10 hours on a game, their review will be
placed closer to the top over someone who has 10 minutes on the game. This will
help to prevent spam reviews and makes it easier for gamers to decide what
games to play.
17


Levelling System - Users will be able to gain XP and level up by playing all games
within our platform. The levelling system itself is simple, each level will require more
experience points (XP) than the last and XP is earned by playing games on the
platform based on game time and achievements.
Rewards for levelling up will occur every time you advance and higher levels will
unlock more rare and higher value rewards. Rewards will usually be in the form of a
chest and will include cosmetics, icons, XP multipliers and much more. All rewards
will be customisable to your profile.
Users will earn XP by playing any games on the Reef Platform, XP amounts are
determined by game time. Activity checks will be in place to ensure gamers don't
get XP for not being active.
Multiplayer Servers - Reef will have its own dedicated servers to allow for multiplay
games when integrated.
As of current we will launch the platform with servers in Europe, North America, Asia
and Oceania.


Achievement API - Reef will have an achievement API to allow for games to
integrate their internal achievements with Reef allowing for cosmetic rewards
within Reef.


Activity Feed - Gamers will be able to follow their favourite game developers. All
followed developers will be displayed in a tailored activity feed where news will be
shown relating to new games or current game updates.


Reef API - Reef's API integration is required to join Reef. This allows for many of
Reef’s features including enhanced statistics, matchmaking, in-game
achievements, microtransactions and support for Proof of Gaming as well as
user-created content through Reef Mods.
Game key system - Reef will have a game key system which will allow developers to
create keys in case of attending events or giving them out to beta testers.


Customisable Game Page - Reef will have the functionality for developers to modify
their game page to how they want to stand out from the crowd.
Developer profiles - Reef will feature developer profiles which will be easily
accessible on their tailored game pages, allowing the developers to provide more
information to the gamers.


Rating and Reviews - Users will be able to leave a rating and a review of the games
they play on the Reef platform. The developer will be able to view these ratings and
order them by game time to get more reliable feedback.

Technical Info

The Squid Token is an ERC-20 token which means it utilises the Ethereum blockchain. Squid Tokens have been designed for use within the Reef platform; SQUID is the reward earned by gamers for spending time gaming on the Reef platform. This reward is automatically calculated by our Proof of Gaming (PoG) algorithm, which operates within the platform itself. This algorithm will also allocate 3% of the tokens earned by gamers, to the corresponding game developer(s). Squid Tokens use-case is based around gaming within the Reef platform. For the time you take to play games, you will be rewarded with our Tokens. 

Reef Roadmap

  • Q1 2017

  • Idea of Squid Networks conceived.
    Market research into the gaming industry, other
    gaming platforms and the blockchain.
  • Q2 2017

  • Start up capital raised for initial costs such as white paper translation, SSL badge website hosting, advertising, and video creation.
  • Q3 2017

  • Development of token and token sale smart contracts
    began on the Ropsten test network.
    Research conducted into market & concepts are
    tested. Findings recorded in a draft white paper.
  • Q4 2017

  • Website development.
  • Read More
  • Q1 2018

  • Website published along with development of
    white paper version 1.0.
    SQUID NETWORKS LTD. is officially incorporated
    via companies house.
  • Q2 2018

  • Development of the smart contract for SQUID token
    and integrated onto the Ethereum blockchain.
    Team expansion to meet the growing needs of the
    business.
  • Q3 2018

  • Full Legal compliance ensured including GDPR.
    Development of the marketing plan.
  • Q4 2018

  • Prototype of the platform developed.
    Expansion of game partnerships for the Reef .
  • Q1 2019

  • White paper v2.0 released
    Market campaign commences.
    Private sale details will be sent out to all registered
    users .
  • Q2 2019

  • Private sale commences.
    Development of the Reef platform commences.
  • Q3 2019

  • Pre-sale commences.
    Further expansion of the team.
    Mobile development begins.
  • Q4 2019

  • Public sale commences.
  • Q1 2020

  • Beta-testing phase and feedback gathering
    before the public release of the network.
  • Q2 2020

  • Reef will be fully developed. The platform
    will be open to everyone and the PoG
    algorithm will come into full effect.

Reef Team

Verified 0%

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

George Brookfield
CEO
unverified
Isaac Bosher
CIO
unverified
Radd Seiger
CLO & COO
unverified
Luke Bosher
CFO
unverified
Matt Girard
Social Media Manager
unverified
Lieven Geryl
Lead Content Creator
unverified
Callum Nisbett
Bounty Campaign Manager
unverified

Reef Last News

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