Aug 29, 2022

$REEF is now supported as a Payment Option on Online Shopping Platform Uquid!

Uquid is an e-commerce Web3.0 platform that has integrated DeFi features and crypto payment solutions. Since 2016, Uquid has focused on developing an outstanding Web3.0 shopping infrastructure with millions of physical and digital products. Uquid’s objective is to build a user base of 50 million customers by 2027.

Users can directly connect their blockchain wallets to Uquid’s interface and make purchases. Uquid has also launched a smart NFT super-marketplace, NFTD. In this super-marketplace, anyone can mint YouTube videos, Tiktok Videos, artwork, music, photography, or any form of social content as NFTs without any gas fees.

Reef community members will now be able to make payments for the purchase of goods, services, and NFTs on Uquid through their $REEF tokens, allowing them to enjoy a more streamlined and secure online shopping experience.

$REEF is the utility token of the Reef ecosystem, a Layer 1 blockchain optimized to power next-gen DeFi, Metaverse, and Gaming DApps. Reef is Reliable, Extensible, Efficient, and Fast. Developed on the Substrate framework, Reef Chain supports on-chain governance and fork-less updates and offers the best speed, security, scalability, cost, and transaction throughput.

Uquid has customers in over 150 countries and regions. This integration of $REEF as a payment solution shows on Uquid stands as a testimony of Reef’s growing recognition in the industry. This integration will also provide us with another platform to share the vision and values of the Reef ecosystem with a multitude of blockchain enthusiasts.

About Uquid

Uquid is the world’s first smart shopping market on the Web3.0 platform, hosting millions of products and helping users have the best Web3.0 shopping experience. With a commitment to bring crypto closer and make it simpler for everyone, Uquid is continuously focussing on developing the DeFi, Metaverse, and NFT industries. Uquid’s vision is to evolve and release more products, with an aim to reach 120 million to serve the best by 2023. Uquid currently supports users through various choices of payment methods, including Binance Pay and more than 20 crypto coins, and is continuously integrating DeFi features into e-commerce.

About Reef

Reef is an EVM-first blockchain designed to make Web3 accessible for the next billion users. Reef offers high scalability, 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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🌎 Website: https://reef.io

🐦 Twitter: https://twitter.com/Reef_Chain

🗣 Discord: https://discord.gg/reefchain

💬 Telegram: https://t.me/reefchain

📸 Instagram: https://www.instagram.com/reef.io

🤖 Reddit: https://www.reddit.com/r/ReefDeFi/