We are delighted to welcome and congratulate Plena Finance, the latest project selected under the Reef Labs $10M Accelerator Program. Plena Finance stood out amidst an impressive range of applications, securing its well-deserved spot in our program.

Plena Finance is one of the pioneers among the self-custodial wallets in the Web3 space to support Account Abstraction. Their unique wallet is consistently setting up new benchmarks with AI-assisted portfolio building and a user-friendly UX akin to centralized exchanges but preserving decentralization.

The selection of Plena Finance as part of our Accelerator Program involved a thorough review conducted by the Reef Labs team.

To analyze Plena Finance's unique propositions and its potential for significant growth in the future, we examined its roadmap, tokenomics, and technical architecture, with a focus on its innovative Account Abstraction feature.

We also evaluated the team's background, experience, and significant steps in product development. A crucial part of our assessment was an extensive exploration of their well-documented Gitbook.

Additionally, we looked into the strength of its community and the notable contributions made by the backers, supporters, advisors, and partners of Plena Finance. With this rigorous evaluation, we acknowledge Plena Finance as a project with great potential, poised for a successful journey ahead with Reef Labs.

This initiative will help Plena to leverage the robust solutions of the Reef Chain while benefiting the broader ecosystem. Here's how:

1/ As per this move, Plena Wallet will integrate into the Reef Chain to access and leverage the best of the Reef ecosystem.

2/ Using Plena’s AI-driven tools, the Reef Community can create customized portfolios, optimized by AI chatbot insights based on their preferences and market trends. This ensures smarter investment decisions on the Reef Chain.

3/ By extending its pioneering wallet solutions to projects building on the Reef Chain, Plena can accelerate its community growth and engagement while amplifying its brand visibility within our Reef’s massive global community.

4/ Through the Plena Wallet, the Reef community will save significant gas fees via transaction batching while also enjoying the best exchange rates for token swaps. This ensures a heightened level of financial efficiency and strengthens the foothold of Plena in DeFi, bringing better solutions to our users.

With Plena Finance joining Reef Labs, we are stepping into a promising era of AI-driven investment platforms. The expertise that Plena brings to the table will significantly contribute to strategizing efficient go-to-market plans.

Our primary objective with this onboarding is to aid Plena Finance in its user acquisition and adoption efforts for its groundbreaking product portfolio. Through the robust Reef global community, Plena Finance will be able to effectively scale and expand its reach, heading closer to its vision and mission.

We're thrilled about the future of AI-driven investment platforms and are confident that Plena Finance will play a significant role in shaping this landscape. Stay tuned to Plena Finance's social announcement channels for the latest updates on their journey and achievements with Reef Labs.

Plena Finance is the world's first account abstraction mobile wallet leveraging EIP-4337 technology, offering a user-centric app-like experience for easy blockchain access without prior knowledge.

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Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, and 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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