Cronos World will now allow Developers building on Reef Chain to scale more efficiently with its Ecosystem Products.
Reef is thrilled to share that Cronos World, an all-in-one Stop for Web3 Enthusiasts, will now allow the Reef community to benefit from its decentralized launchpad, NFT marketplace, and AMM DEX.
Built as a sidechain to the Crypto.com blockchain, Cronos aims to become a robust decentralized network that can seamlessly run EVM-compatible dApps. Like Reef, Cronos empowers users to port any existing Ethereum-based dApps or smart contracts to its chain with little or no code modifications.
Cronos is an L2 network that allows porting dApps built on any EVM-supported chain to the Cronos network without hassle. The network is designed for maximum scalability and flexibility to enable faster throughput per second with a minimal fee.
Reef, on the flip side, is an L1 modular and EVM-compatible blockchain, making Web3.0 accessible to the next billion users with the most reliable, extensible, efficient, and fast solutions. It allows seamless dApp building or porting experience to builders with greater to minimal knowledge of building in Web3.
Moreover, the forkless upgrade solution to dApps makes Reef stand apart from other infrastructure projects. Such an on-chain upgradability feature makes the development process much more efficient and convenient for builders and teams.
Key Highlights
With this strategic move, dApps building on Reef Chain will get the opportunity to launch on Cronos World, while Reef Partners will get whitelist spots in projects launching on CrownPAD (Cronos Launchpad). Besides, the community can also look forward to exciting Reef x Cronos NFT Marketplace collaborations and Reef x CrownPAD integration.
CrownPAD will primarily link Reef to various dApps/projects, from potential private projects looking for investment to projects trying to integrate to Reef Chain or projects intending to build on the Reef Chain.
About Cronos
World CronosWorld is a platform that aims to provide a diverse product portfolio for serving multiple purposes on the Cronos network. It is an “all in one platform for Cronos Ecosystem”. The contribution of CronosWorld to the Cronos chain includes a Decentralized exchange (DEX), an NFT marketplace, a launchpad, and an incubator for Cronos’s chain-based project. Moreover, the platform is also planning to launch a Game-Fi.
About Reef
Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, affordable transactions, and utilizes Nominated Proof of Stake, extensible EVM, and on-chain upgradability. Reef is the future blockchain for NFTs, DeFi, and gaming. It can easily accommodate the needs of the future of Web3 development. Reef is an ideal blend of old and new, a trait that makes it eternal and timeless.
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