ReapChain aims to establish a safe and transparent IoT ecosystem by blockchainfying the end-to-end section of the IoT industry.
ReapChain is a hybrid blockchain with a Shell-Core Structure. It solves the trilemma of existing blockchains and tries to implement the integration of the blockchain and IoT industry by resolving the security and mass data processing problems of the existing IoT market through PID of things and distributed storage service of ReapMiddleChain.

Team:

• Woo Jung Kim: CEO. 
• Jake Lee: co-CEO. 
• Khan Kim: CSO. 
• Mason Son: CRDO. 

The ReapChain ICO began on January 15, 2020. The ICO token supply represents 30% of the total token supply, so there is a total of 1,400,000,000 REAP tokens available, for 0.03 USD each. The ICO funding cap is 18,000,000 USD and has ended on July 22, 2020.

Token Reserve Split (70%):

• Ecosystem Participation Incentive - 10%
  
• Founders & Team - 7%
  
• Standing Committee Node - 28%
  
• Early Contributors - 5%
  
• Marketing - 5%
  
• Reserves - 15%