Nibiru Chain, an innovative layer 1 blockchain platform, announced it has officially launched its highly anticipated public mainnet, accompanied by listings on four major exchanges.
The platform, renowned for its developer and user-centric approach, aims to redefine the decentralized application (dApp) space with its secure and efficient environment.
Nibiru Chain Unveils Unique Features
Unlike it peers, Nibiru Chain features a robust smart contract ecosystem, offering unparalleled security and superior throughput. This makes it the platform of choice for builders across various sectors, including gaming, real-world assets (RWAs), non-fungible tokens (NFTs), and decentralized finance (DeFi).
At launch, Nibiru Chain offers a bunch of functionalities aimed at empowering users and prospective developers alike. Users can engage in staking with NIBI validators and actively participate in decentralized governance. The platform also introduces Chess3, a competitive Web3 gaming experience centered around chess, where players can compete in sponsored tournaments and earn rewards.
Moreover, Nibiru Chain supports the creation and trading of NFTs through Dropspace, provides secure “.nibi” namespaces via Nibiru ID, and presents real estate opportunities through Coded Estate. Developers are incentivized through a unique model, receiving a portion of transaction fees from their smart contracts, thus fostering innovation within the ecosystem.
What’s Next For Nibiru Chain?
Looking ahead, Nibiru Chain unveils ambitious plans for 2024. This includes the rollout of its genesis NFT collection and expansion into the Asia-Pacific (APAC) region, with a particular focus on key markets such as Korea, China, India, Japan, Vietnam, and Thailand.
Central to its mission is the implementation of parallel optimistic execution, enabling simultaneous processing of multiple independent transactions. This move aims to enhance scalability and efficiency across the platform.
Moreover, Nibiru Chain is poised to announce details of its upgrade enabling full Ethereum Virtual Machine compatibility. This integration will streamline interoperability with Ethereum-based dApps, lowering barriers to entry for Ethereum developers and facilitating a seamless transition to Nibiru Chain’s cost-effective Layer 1 solution.