PRESS RELEASE. Reece, a layer 1 Substrate-based blockchain for gaming, DeFi, NFTs and gaming, today announced it was launching a new NFT Division that focuses on connecting with graffiti artists and scaling up its blockchain to make it more NFT-friendly.

Reef has been hard at work behind the scenes for the past two months to help the NFT ecosystem. As Head of NFT, they have hired Philip Galaviz from Denver, a prominent figure in the Denver music scene and art scene. Philip has been involved with Digitally Imported Radio and Global Dance and is currently building a cultural arts program through IRL collaborations. Philip, Head of NFT will lead Reef’s business development, expanding its offerings to a wide variety of artists, starting with electronic and graffiti artists and album cover designers.

Philip and the Reef team pushed the first stage of their NFT wave at ETHDenver with a packed beginners workshop, metawall, NFT contest, and introductions to graffiti artists such as TukeOne, Mike Graves, and Emit One DF. On top of this, Reef recently announced their first wave of grant awardees with three NFT development projects being awarded some of the $210,500. These include Kanaloa, Dimension 11 Studios, and Oyster, who will be building marketplaces and other NFT dApps on Reef.

DenkoMancheski, Reef’s CEO, stated, “I believe we have identified one the most impactful engagements this year that will help cement Reef’s future as an blockchain for DeFis, NFTs and gaming.” Phillip is an industry veteran with deep connections to the music and arts worlds. We’re currently working with new NFT projects in order to make Reef NFT-friendly .”

Reef has made significant progress in modernizing their blockchain over the past two weeks. ReefScan V2 was launched, and $REEF Community Staking Bond was also created. Denko and Reef team members are also expected to attend Binance Blockchain Week Dubai at the end.

About Reef

Reef’s Substrate-based Layer 1 Blockchain with Smart Contract functionality provides an intuitive user experience, high scaleability and low fees. This makes the ecosystem a top-choice platform for NFT project development. Reef is an advanced EVM-compatible blockchain that also has smart contract functionality. The network is based on a Nominated proof-of-Stake consensus mechanism. It offers low fees, scalability and a multitude of features including native token bridges and on-chain governance. Recurring payments are also possible. The platform will eventually support an additional virtual machine, which will allow developers to code in multiple programming languages.

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Image Credits: Shutterstock, Pixabay, Wiki Commons

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