Reap Token, a token issued by ReapChain, is a new mainnet project to solve the problems of the existing Blockchain's trilemma, block creation time and transaction processing speed, and to efficiently integrate with IoT.
3.28% of the total issuance of 4.9 billion, 160 million, have been sold and the hard cap is $5.88 million.
On October 20, 2021, it was decided to get incinerate 55.10% of the total issuance, and the amount of incineration is 2.7 billion.