Monthly Recap March 2025
Travel, tech, and new connections!
March has been one for the books — packed with travel, tech milestones, strategic conversations, and deep community engagement. Whether you’re here for the ecosystem alpha, product updates, or just to vibe with the movement, we’ve got you covered.
Let’s dive into what went down this month!
Web3 Amsterdam & IRL Momentum
A New Vision, Fresh Momentum!
@web3amsterdam was the perfect moment for Reef's big return to #Web3 IRL events & conferences.
It was a fresh experience for us to present a new narrative, connect with major partnerships, & present game-changing plans for growth.
Here’s what
@web3amsterdam was the perfect moment for Reef's big return to #Web3 IRL events & conferences.It was a fresh experience for us to present a new narrative, connect with major partnerships, & present game-changing plans for growth.
Here’s what
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We kicked off the month by prepping for Web3 Amsterdam, and it paid off in a big way. The Reef team hit the ground running:
Repped Reef in person, made key new connections, and strengthened existing ones.
Derek gave a talk on reviving ecosystems and joined a panel on simplifying UX for global crypto adoption.
Held several high-impact meetings with project teams, VCs, DeFi founders, and CEX/market making contacts.
Gave out some Reef swag and showed off our new merch ordered just in time for the event!
This trip was pivotal in setting the tone for a collaborative Q2 — especially around token infrastructure and fundraising for the Reef Labs entity.
Token Metrics & Milestones
$REEF BURN ALERT BNB Chain Burn Tx: bscscan.com/tx/0x1c83a06aa…
Ethereum Burn Tx: etherscan.io/tx/0xf26bb4ae5…
Today we burnt 91,029,088 $REEF on legacy chains!
In total we have burnt 1,189,367,847 $REEF on Ethereum and BNB Chain, which much more to come!
bscscan.com
Binance Transaction Hash: 0x1c83a06aa5... | BscScan
Transfer 72,865,023 REEF To Null: 0x000...dEaD | Success | Mar-24-2025 07:57:33 PM (UTC)
March was a big month for token activity and growth:
Over 1 BILLION $REEF burnt on Ethereum and BNB Chain.
72.8 million $REEF burnt this month alone.
75+ million $REEF bridged via Reef Bridge.
Reef Bridge was officially validated on Magic Store and added to the Reef Docs.
Built a centralized CEX onboarding doc for Reef Chain; shared with three exchanges.
WhiteBit publicly confirmed they will support REEF on Reef Chain.
It's a great day for Reefians! @MagicSquareio voting is officially closed, and the results are in 
Reef Bridge just wrapped up the Community Validation Program on @MagicSquareio with:
4.6 Validation Score
High Trust Rating
92% YES votes from 1,222 voters! 
Massive
Reef Bridge just wrapped up the Community Validation Program on @MagicSquareio with:
4.6 Validation Score High Trust Rating 92% YES votes from 1,222 voters! Massive
In addition, four exchanges — two tier-1 and two tier-2 — have agreed to support the token swap and switch over to Reef Chain. More details coming soon as integrations go live.
Product & Dev Progress
The Reef product suite saw several critical updates and early rollouts:
The new Reef Chain Wallet for Android is in internal testing (with bug fixes and updates).
A new iOS build is almost ready to be submitted to the App Store (iOS release forecast: Q2).
Temporarily hid Reef Chain Wallet features on iOS that aren’t deployable yet; working on connection issues.
Reef Bridge tutorial published – step-by-step guide now available!
ReefSwap docs (v1) are complete.
Development began on an on-chain incentive campaign, launching in Q2.
Reef Ledger app update is moving forward thanks to an anonymous donor – dev + audit work underway!
Ecosystem & Community Engagement
Designing with Derek - 28 Mar 2025 x.com/i/broadcasts/1…
Community collabs and outreach were strong this month:
Joined two X Spaces with Hotcoin and Web3 Global Media – big turnout!
Hotcoin planned to list $REEF, and over 15,000+ listeners tuned into our shared Space.
Derek hosted a live mobile app wireframing session across X, YouTube, Facebook, and Kick.
Sqwid launched an initiative in partnership with True Stars Media to onboard young digital artists.
AwesomeReef site updated with new exchanges and dApps by our CommComm.
Plus, we reinitiated convos around updating our Ledger app and kicked off discussions with five new projects looking to expand to Reef Chain.
In the Pipeline
Here’s what’s coming down the line:
On-chain incentive campaign dev → launch in Q2
Continued rollout of Reef Chain Wallet updates (Android + iOS)
Ledger app update → audit → submission (target: Q2)
More CEX announcements and token swap progress
More community spaces, tutorials, and dev updates
Stay Safe, Stay Sharp
Quick heads up: there was a Reddit report of a scammer pretending to be a Pigmo admin. We’ve confirmed with Pigmo that this individual is not affiliated. Pigmo does NOT offer Telegram support. Please stay vigilant and always verify sources.
If you need support from Pigmo, a support chat is available on their website. It can be found via the "PLEASE CHAT TO US" link, and there you can get in touch with someone from their team: https://pigmo.com/faq
Thanks for being on this journey with us. Your support fuels everything we’re building. Let’s keep pushing — Q2 is looking great already!
*Note: A correction has been made with this post. Originally we said Hotcoin had listed $REEF, this hasn't happened yet, but is coming soon.
