Nibiru Chain Debuts Public Mainnet Along With Four Major Exchange Listings

(PRESS RELEASE – Tortola, British Virgin Islands, March 12, 2024)

Nibiru Chain, a developer and user-focused Layer 1 platform, has officially launched its public mainnet. Nibiru Chain stands out for offering a secure and efficient environment for creating high-performance decentralized applications. It is distinguished by its robust smart contract ecosystem that offers superior performance and unparalleled security, making it the go-to platform for creators of games, real-world assets (RWA), NFTs, DeFi, and more.

Empower users with a rich ecosystem

At launch, Nibiru Chain offers a wide range of functionality to its community and prospective builders. Users can participate in staking with NIBI validators and participate in decentralized governance. Nibiru Chain will also introduce competitive Web3 gaming through Chess3, which allows players to learn how to play chess, compete in tournaments sponsored by communities, streamers or brands and earn rewards. Additionally, Nibiru Chain supports nft minting and trading on Delivery spacesecure “.nibi” namespaces through Nibiru ID and real estate opportunities through Coded estate.

Nibiru Chain encourages innovation by rewarding developers with a portion of their smart contract transaction fees, offering built-in value accumulation. In addition to providing developers with tools to create applications, Nibiru Chain introduces its Super Chain, which includes perpetual, spot, swap, and stablecoin functionalities. These features offer greater opportunities for dApps to expand and integrate with DeFi. The Super Chain initiative aims to offer a seamless retail trading and investment experience and is designed to serve users on over 40 blockchains.

Nibiru's strategic vision for 2024

Nibiru Chain's key initiatives include the rollout of its nft genesis collection and its 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 allows for the simultaneous processing of multiple independent transactions.

The launch of Nibiru Chain marks a significant step towards increasing blockchain scalability by closing gaps across the blockchain landscape. Nibiru is designed to dismantle the barriers that have isolated applications and users within their ecosystems and provide an intuitive and direct entry point to a more fully connected Web3 for users and developers alike.

Additionally, Nibiru Chain will announce details about its update that will enable full compatibility with the ethereum virtual machine, ensuring greater 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 cryptocurrencies more accessible and easier to use for the general public.

About Nibiru

Nibiru Chain is an innovative L1 blockchain and smart contract ecosystem that offers superior performance and unparalleled security. Nibiru aims to be the most developer- and user-friendly smart contract ecosystem, leading the charge toward widespread Web3 adoption through innovation at every layer of the stack: dApp development, infrastructure, consensus, a suite of comprehensive development and value accumulation.

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