Reef REEF

Reef is a fast, scalable layer 1 blockchain purpose-built for tokenized equity and alternative investments. With native EVM compatibility and compliance-ready infrastructure including ERC-3643 support.

Reef provides the technical foundation for projects tokenizing real estate, sports equity, and other alternative assets targeting non-accredited retail investors. Reef makes it easy for regulated issuers to deploy securities-compliant tokens without sacrificing the speed and cost advantages of a dedicated L1.

Bridge your legacy $REEF tokens on Ethereum and BNB Chain to Reef Chain before the Q1 2026 deadline: https://reefbridge.app

REEF is the native token that is used for:

• Fees for processing transactions and storing data.
• Running validator nodes by staking REEF tokens.
• Nominating which validator nodes should be part of the network.

Reef is backed by multiple leading funds and venture capitalists including NGC, QCP, Bitcoin.com, Kenetic Capital, LD Capital, TRG Capital, Krypital Group, Genesis Block, Woodstock Fund and others.

Reef Chain development tools include:

• Remix and EVM integrated development environments for uploading and deploying smart contracts.
• Reefscan blockchain explorer to assist with deploying validators, bonding and nominating validators, debugging contracts, and understanding network performance.
• Reef command line tools that allow developers deploy applications from local environments.
• Reef wallet for accessing and interacting with the blockchain

Reef was founded by Denko Mancheski. His motivation was to build the most advanced blockchain for retail investors who want to get involved with DeFi, NFTs and Gaming.

Mancheski wanted to help cryptocurrency newcomers overcome the complexities associated with interacting with a blockchain and understanding new concepts such as DeFi and NFTs. Additionally, the ability to give access many bridges to other blockchains so that funds and liquidity can easily be ported to Reef Chain, allowing retail investors to take advantage of high scalability and low fees.

Born in Macedonia, Mancheski said that his passion for FinTech led to him being introduced to blockchain technology. He has described forming a competent team as the biggest challenge associated with bringing Reef to life.

When asked about the personal attributes that will help him become a successful entrepreneur, he added: “I have a very addictive personality — I just can’t stop doing something until I get to the goal that I set for myself.”

Currently, Reef is operated by Derek E. Silva and a team of marketers, developers, and community managers backing him. In January 2026, Reef began to focus on mid-market tokenized equity opportunities, while maintaining its core permissionless infrastructure.

Gate.io, MEXC, and CoinEx all support $REEF on Reef Chain, with more exchanges performing the token/contract swap soon.

New to cryptocurrency? Read CoinMarketCap’s [easy guide] (https://coinmarketcap.com/how-to-buy-bitcoin/) to buying Bitcoin or any other token.

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Reef serves as the infrastructure layer for projects tokenizing real estate, sports equity, and alternative investments targeting non-US markets and non-accredited retail investors. Thanks to low fees (5 REEF on average), widespread coin access through several centralized exchanges that don't require identity verification, and a familiar user onboarding experience, Reef will be the easiest blockchain to get access to and start using.

Reef uses a Nominated Proof of Stake system to bond to potential validators, nominate potential validators, and to secure the Reef network. This allows for low cost, almost instant transactions with finality achieved in 10 seconds on average.

For those without the technical skills to run a Validator node, they can be a Nominator. Nominators secure the Reef Relay Chain by selecting good validators and staking REEF.

Being a Validator requires technical expertise, staking REEF, and running a node 24 hours a day, 7 days a week, 365 days a year with high availability. Validators that cannot maintain performance or up time have their stakes slashed, as do their Nominators.

While REEF are staked by nominating a Validator, they are ‘locked’ (bonded). Nominators can receive new REEF in their wallet, but cannot stake as a Validator or transfer REEF away from their wallet. Nominators can un-nominate at any time to stop staking their funds, which becomes effective in the next era. Un-nominating does not automatically unbond funds. There is an unbonding period of 28 days on Reef before bonded funds can be transferred after issuing an unbond transaction.