REI Network
Latest round
- Angel
Last raised
- May 2017
Total raised
- $1.4M
Investors
- 1
About REI Network
Founded in 2016 in Hangzhou, China, REI Network offers a blockchain solution that enables efficient on-chain transactions.000 mn.REI Network specializes in providing a blockchain platform that facilitates transactions with minimal fees, leveraging a unique staking and resource replacement model. This innovative design allows users to engage in on-chain transactions with virtually no gas fees, which is a significant advantage for those operating in decentralized finance (DeFi), gaming (GameFi), and non-fungible tokens (NFTs). The platform boasts an impressive average block time of 3 seconds and can handle transaction speeds exceeding 3,000 transactions per second (TPS), ensuring a rapid user experience without compromising decentralization. REI Network serves a global customer base, including developers and enterprises looking to build decentralized applications (DApps) and participate in community governance through the REI DAO.Revenue generation for REI Network is primarily driven by transaction activities conducted on its platform, where users can stake REI tokens, participate in governance, and earn rewards. Transaction structures include direct interactions with end users, such as developers and enterprises that utilize the platform for building and deploying DApps.REI Network aims to enhance its platform by introducing new products designed for improved user engagement and functionality.
Who invested in REI Network
1 investor across 1 round
See all investors in REI Network
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Angel
May 15, 2017
Amount
$1.4M
Investors
Questions about REI Network
Who invested in REI Network?
REI Network has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has REI Network raised?
REI Network has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did REI Network last raise money?
REI Network's most recent round on record is a Angel, in May 2017.
What does REI Network do?
Founded in 2016 in Hangzhou, China, REI Network offers a blockchain solution that enables efficient on-chain transactions.
Where is REI Network headquartered?
REI Network is headquartered in Hangzhou, China.
Which VCs invest in companies like REI Network?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at REI Network's stage. Their profiles are linked below.
VCs backing software startups at Angel
Raising like REI Network? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.