Nibiru Chain Debuts Public Mainnet Along with Four Major Exchange Listings
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 an...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 EcosystemAt 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 Chess3, 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 Dropspace, secure “.nibi” namespaces through Nibiru ID, and real estate opportunities through 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 2024Nibiru 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 NibiruNibiru 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
[email protected]
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Brave New CoinRelated market context
CyberWallet users have until Aug. 15 before crypto withdrawals become a smart contract recovery job
Crypto company Cyber is telling CyberWallet and Cyber Passkey Wallet users to move their assets ahead of an Aug. 15 shutdown that...
Canton Network secures prime broker commitments for on-chain collateral acceptance
Canton Network gains commitments from Socit Gnrale, Marex, and DTCC to accept tokenized collateral on-chain, marking a shift from...
Crypto crash liquidations face massive data gap as public records contradict $18B Solana claim
Solana Research Institute, a Solana-aligned research group, used an Aug. 14 post to revive a July open letter by Angus Scott to th...
How AI Agents Are Deleting the Steep Web3 Tooling Curve
Coinfello COO Minchi Park notes that plain-language AI eliminates Web3’s steep “tooling learning curve” and addresses post-onboard...
$1.6T JGB Repo Market Gets Onchain Push in Major MUFG Blockchain Experiment
Key Takeaways: The four MUFG group companies have started a proof-of-concept of onchain Japanese Government Bond repo transactions...
Etherealize CEO warns Wall Street’s private blockchain push is a race to the bottom
Private blockchain adoption risks perpetuating inefficiencies, while public chains like Ethereum offer scalable, transparent solut...