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Reef August 2023 Recap: Milestones & Initiatives to take Web3 to New Horizons!

August was a month of dynamic growth and innovation for Reef Labs. From welcoming new projects into their accelerator program to revealing tech updates and hosting engaging Telegram chats, Reef Labs has been at the forefront of Web3 advancements.

Here's a comprehensive look at the month's key highlights.

Reef Labs’ $10M Accelerator Program Updates

  • BreakFirst: Reef Labs has welcomed BreakFirst Fund into its Accelerator Program to amplify Reef's mission to support innovative Web3 projects. Key highlights include BreakFirst's commitment to back selected projects, facilitate their transition to the network’s launchpads post due diligence, and offer dependable resources for product development.

  • dot.GAMING: In the gaming frontier, dot.GAMING Studio is set to integrate their flagship game, Sailwars, into the Reef Chain followed by their selection into the Reef Labs’s Accelerator Program.

  • Petobots Gaming Revolution: Reef Labs Accelerator Program onboarded Petobots, a PvP gaming platform, introducing futuristic robotic pet battles that will be integrated into the Reef Chain.

  • Exclusive Telegram Chats with Reef Labs Accelerator Gems from Cohort1—AlterVerse, Plena Finance, Rariko, Astra Protocol, and dot.GAMING Studios. All these sessions not only provided insights but also held exciting reward pools for active and enthusiastic participants.

Reviews, Previews and Technical Enhancements

  • An enlightening thread that delves into the intricate workings of Reef Chain NPoS consensus, from BABE to GRANDPA, highlighting its potential in revolutionizing Web3's security and efficiency.

  • Reef showcased its remarkable ability to self-upgrade without the need for hard forks, signifying a step forward in maintaining Web3's resilience.

  • July’s technical achievements spanned across several areas such as the refinement of the Indexer Event Stack, updates to the Reef App, and the integration of and SolidityScan. Get the complete details here.

Community Building and Engagement

  • Explore Reef DC structure and vision to unlock membership levels and the myriad perks associated with each.

  • Celebrating community contributors, Reef gave a shoutout to community stars for their invaluable contributions with the Reef DC Hall of Fame title.

  • Reef DC Office Hours, held exclusively for Reef DC members, promised insightful discussions on a range of topics, further strengthening community ties.

August has been a month packed with various accomplishments and updates at Reef. The continual growth and relentless innovations highlight Reef's commitment to driving the Web3 revolution.

Stay connected for more news and updates!

About Reef

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.

Stay tuned to our socials, and never miss any updates from Reef!

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