Tortola, British Virgin Islands, March 12, 2024, Chainwire
Nibiru Chain, a developer and user-centric layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out in that it provides a secure and efficient environment for building high-performance decentralized applications. It differentiates itself with a robust smart contract ecosystem that delivers exceptional throughput and unparalleled security, and is the platform for builders of games, real-world assets (RWA), NFTs, DeFi, and more.
Empowering users with a rich ecosystem
At launch, Nibiru Chain will offer extensive functionality to the community and potential builders. Users can participate in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competitive Web3 games through Chess3, allowing players to learn the game of chess, compete in tournaments sponsored by the community, streamers or brands, and earn rewards. Nibiru Chain also supports the issuance and trading of NFTs on Dropspace, secures the “.nibi” namespace through Nibiru ID, and provides real estate opportunities through Coded Estate.
The Nibiru Chain encourages innovation by compensating developers for a portion of the transaction fees of smart contracts and providing built-in value generation. In addition to providing developers with tools to build applications, Nibiru Chain introduces a superchain that includes perpetual, spot, swap, and stablecoin capabilities. These features provide greater opportunities for dApps to expand and integrate into DeFi. The Super Chain initiative aims to provide a seamless retail trading and investment experience and is designed to serve users across 40+ blockchains.
Nibiru’s strategic vision for 2024
Nibiru Chain’s key initiatives include the launch of its first NFT collection and expansion into the APAC region with an initial focus on Korea, China, India, Japan, Vietnam, and Thailand. The core of the Nibiru Chain’s mission is to initiate parallel optimistic execution that can process multiple independent transactions simultaneously.
The launch of Nibiru Chain marks an important step toward increasing blockchain scalability by addressing gaps across the blockchain landscape. Nibiru is designed to remove barriers that isolate applications and users within the ecosystem and provide both users and developers with an intuitive and simple entry point to a more tightly connected Web3.
Nibiru Chain will also announce details of an upgrade that will support full Ethereum Virtual Machine compatibility, further enhancing interoperability with Ethereum-based dApps. This integration lowers the barrier to entry for Ethereum developers and facilitates a seamless transition to Nibiru Chain’s more efficient and cost-effective layer 1 solution, making cryptocurrency more accessible and user-friendly for the general public.
About Nibiru
Nibiru Chain is a groundbreaking L1 blockchain and smart contract ecosystem that boasts exceptional throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem and aims to drive mainstream Web3 adoption through innovation at each layer of the stack: dApp development, infrastructure, consensus, comprehensive development toolkit, and value generation.
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