Nibiru Chainis in the Blockchain Infrastructure Industry

Nibiru Chain

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**TORTOLA, British Virgin Islands, March 12th, 2024/Chainwire/--**Nibiru Chain,a developer and user-centric Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out by offering a secure and efficient environment for building highly-performant decentralized applications. It is distinguished by its robust smart contract ecosystem offering superior throughput and unparalleled security, making it the go-to platform for builders in gaming, real-world assets (RWAs), NFTs, DeFi, and more. Empowering Users with a Rich Ecosystem At launch, Nibiru Chain offers a wide range of functionalities to its community and prospective builders. Users can engage in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competitive Web3 gaming through , allowing players to learn the game of chess, compete in tournaments sponsored by communities, streamers, or brands, and earn rewards. Additionally, Nibiru Chain supports the minting and trading of NFTs on , secure “.nibi” namespaces through Nibiru ID, and real estate opportunities through . Chess3 Dropspace Coded Estate Nibiru Chain encourages innovation by rewarding developers with a portion of transaction fees from their smart contracts, offering built-in value accrual. In addition to providing developers with tools to build applications, Nibiru Chain introduces its Super Chain, which includes perpetuals, spot, swap, and stablecoin functionalities. These features offer greater opportunities for dApps to expand and integrate with DeFi. The Super Chain initiative aims to deliver a seamless retail trading and investment experience and is designed to serve users across more than 40 blockchains. Nibiru's Strategic Vision for 2024 Nibiru Chain’s key initiatives include rolling out its genesis NFT collection and expansion into the APAC region with an initial focus on Korea, China, India, Japan, Vietnam, and Thailand. Central to Nibiru Chain's mission is the launch of parallel optimistic execution, which enables the simultaneous processing of multiple independent transactions. Launching Nibiru Chain marks a significant stride toward increasing blockchain scalability by bridging gaps across the blockchain landscape. Nibiru is engineered to dismantle hurdles that have isolated applications and users within their ecosystems and offer an intuitive, straightforward entry point into a more thoroughly connected Web3 for users and developers alike. Additionally, Nibiru Chain is set to announce details on its upgrade enabling full Ethereum Virtual Machine compatibility, ensuring further interoperability with Ethereum-based dApps. This integration will lower the barrier to entry for Ethereum developers and facilitate a smoother transition to Nibiru Chain’s more efficient and cost-effective Layer 1 solution, making crypto more accessible and user-friendly for the general public. About Nibiru Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, and value accrual. | | | | Website Twitter LinkedIn Telegram Discord Contact PR & Media Inquiries media@nibiru.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here.

Nibiru Chain Debuts Public Mainnet Along With Four Major Exchange Listings

, a general-purpose layer 1 blockchain, has successfully closed its latest round of funding, securing $12 million to set the stage for an ambitious phase of growth. February 5th, 2024, Chainwire/-- Nibiru Chain Venture investments included contributions from Kraken Ventures, ArkStream, NGC Ventures, Master Ventures, Tribe Capital, and Banter Capital. “Nibiru has taken all of the best in class technology and research developed over the past few cycles and packed them into the best new chain we have ever analyzed. They optimize for developers with a built-in dev toolkit, easy-to-use APIs, language SDKs, and a native oracle. MV Capital could not be more excited to be a partner with Nibiru as we move into the new level of adoption for crypto.” - Tom Dunleavy, CIO and Partner at Master Ventures Capital. Nibiru’s Community Sale on CoinList sold out its initial allocation of $3M in 9 minutes. An additional $3M extension sold out as well within 11 minutes. By the end, this sale had 842% in pre-funded excess interest, attracting 42,713 registrants and over 5,000 purchasers of the network’s staking and utility token, NIBI. Onboarding Next Generation Blockchain Applications Nibiru Chain stands out with its innovative tech and emphasis on developer and user-centricity. Key partners expressed their enthusiasm: “We look forward to supporting the distinctive Layer 1 model Nibiru has designed, where the core primitives are built alongside the core foundation for maximum interoperability — all while incentivizing developers and users through its smart contract royalty mechanism.” Brandon Gath, Managing Partner at Kraken Ventures It’s the platform of choice for developers who prioritize security and performance. Boasting 40K transactions per second (TPS), 1.4s block times, and robust security, Nibiru Chain’s versatility spans multiple sectors including real-world assets (RWAs), gaming, DeFi, and more. Developers build on Nibiru Chain with confidence, leveraging CosmWasm smart contracts for enhanced security or the familiarity of the EVM. Additionally, developers can leverage Nibiru’s “dev gas” royalty mechanism to ensure a sustainable model for long-term growth. At its core, Nibiru Chain is driven to create the optimal environment for developers and users. "Nibiru's integrated super applications, native oracle, and data-indexing significantly reduce the technical selection difficulties for Web3 projects while simultaneously lowering the likelihood of security incidents. This will heighten user and developer confidence and the consequent growth and prosperity of the Nibiru ecosystem”. Allen Su, General Partner at ArkStream Capital Looking Ahead - Nibiru Chain’s 2024 Roadmap In 2024, Nibiru Chain sets its sights on expanding the ecosystem. Key developments include several initiatives such as a gamified engagement airdrop, integration with major liquidity centers, listing on several top-tier centralized exchanges, implementing parallel optimistic execution, and achieving full EVM-compatibility. This year is marked by the anticipated launch of Nibiru Chain’s flagship dApps such as Nibi-Perps, Nibi-Swap, and NUSD. These releases will mark major milestones in Nibiru Chain’s journey towards a user and developer-centric platform. About Nibiru Chain Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, value accrual. For more information visit: Nibiru.fi Follow Nibiru Chain on Socials Discord Twitter Telegram YouTube GitHub Contact Media Nibiru Chain Media@nibiru.org This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program . here

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