REI Network Partners With Mintellect
REI Network partnered with Mintellect to build infrastructure that makes code, AI models, datasets and other digital content ownable, licensable and monetizable on-chain. The work will use REI Network’s zero-gas EVM infrastructure.Refer to the official tweet by REI:🧠 REI Network × What if every piece of code, knowledge, model, and creativity could become an asset?We’re excited to partner with Mintellect, building infrastructure to turn digital content into on-chain, ownable, licensable, and revenue-generating assets.… REI InfoREI Network, previously known as GXChain, is a restructured EVM-compatible blockchain. With its focus on lightweight structure and optimal performance, it aspires to provide a no-fee blockchain infrastructure, while retaining compatibility with the Ethereum Virtual Machine (EVM).The operational foundation of REI Network is built on a DPoS+BFT consensus algorithm, which accentuates efficiency and energy conservation. The network comprises System Contracts, a suite of intrinsic contracts that facilitate essential functionalities such as staking, inter-blockchain communication (IBC), and resource allocation.REI, the proprietary token of the network, serves multiple crucial roles within the ecosystem. It is a medium for transaction gas fees, enabling smooth transaction verification. REI also empowers its holders with governance capabilities, allowing them to actively participate in REI DAO’s decision-making process. Additionally, individuals aiming to validate transactions within the REI Network can stake REI tokens to pledge their commitment as network validators.