Nibiru Chain Launches Mainnet, Mcap Jumps to 1.4 Billion in One Day.

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nibiru chain
nibiru chain image from twitter

Nibiru Chain, a developer-centric layer 1 protocol, has launched its mainnet after months of Nibiru Airdrop on its website, where users had a chance to earn points and later reedem for NIBI. The protocol focuses on real-world applications and is in progress to develop a full-fledged EVM-compatible version for its roadmap.
In the ever-evolving realm of blockchain technology, Nibiru Chain stands out as a developer and user-centric Layer 1 platform that has recently unveiled its public mainnet. With a strong emphasis on security, efficiency, and performance, Nibiru Chain provides an ideal environment for building highly-performant decentralised applications (dApps) and pushing the boundaries of innovation in the cryptocurrency space.

Currently Nibiru chain’s coin called NIBI is being traded at 0.88 USD with 89% gain in last 24 hours and fully diluted market cap reaching to 1.3 billion USD according to data on coin market cap.

The NIBI (NNibiru chain’s native coin) was launched at $0.51 on major exchanges and went to an all-time high of 0.91, marking an 89% gain in value on listing, though currently, at the time of writing this article, it is being traded at $0.88. The total supply of the coin is capped at 1.5 billion coins. The current supply is unknown as there are a lot of tokens that will be claimed by users in the airdrop.

Public Mainnet Launch

The launch of the public mainnet marks a significant milestone for Nibiru Chain. This robust blockchain network, backed by prominent investors like Kraken Ventures, aims to process an impressive 40,000 transactions per second. By leveraging parallel optimistic execution, Nibiru Chain can efficiently handle multiple independent transactions simultaneously, ensuring a seamless user experience.

The project announced the Public main net launch and listing news through a tweet on March 12th.

Nibiru chain announcing the exchange listing post main net launch.

Unique Divine, the co-founder and CEO at Nibiru Chain, acknowledges the barriers that have hindered mass adoption of blockchain technology, such as complex onboarding processes, a lack of transparency, and scalability issues. With the launch of the public mainnet, Nibiru Chain aims to overcome these challenges and pave the way for a more accessible and user-friendly Web3 ecosystem.

Empowering Users with a Rich Ecosystem

At its core, Nibiru Chain is committed to empowering its community of users and developers. With a wide range of functionalities, Nibiru Chain offers diverse opportunities for engagement and participation. Users can actively participate in staking with NIBI validators, which not only helps secure the network but also allows them to partake in decentralized governance.

Moreover, Nibiru Chain introduces exciting Web3 gaming through Chess3, a platform that enables players to learn and compete in chess tournaments, sponsored by various communities, streamers, and brands. This innovative approach not only adds an element of entertainment but also rewards participants with enticing prizes.

Furthermore, Nibiru Chain facilitates the minting and trading of non-fungible tokens (NFTs) through Dropspace, enabling creators and collectors to engage in the burgeoning NFT market. Additionally, Nibiru Chain offers secure “.nibi” namespaces through Nibiru ID, providing users with a unique digital identity on the blockchain.

Real estate enthusiasts will also find opportunities within the Nibiru ecosystem through Coded Estate. This feature allows for the tokenization of real-world assets (RWAs), opening up new avenues for investment and economic growth.

Nibiru Chain’s Expansion Plans

As Nibiru Chain solidifies its position in the cryptocurrency landscape, it sets its sights on competing with established players like Ethereum and Solana. The platform plans to achieve this by offering an array of on-chain products, including decentralized finance (DeFi) solutions, perpetual futures trading, and its very own stablecoin, NUSD.

To ensure a seamless experience for developers, Nibiru Chain provides toolkits in popular programming languages like TypeScript, Golang, Python, and Rust. This developer-friendly approach encourages innovation and attracts a diverse range of projects across various sectors, including DeFi, gaming, NFTs, and more.

A Thriving Ecosystem of Backers

The Nibiru Chain has garnered significant support from a wide range of ecosystem partners and investors. This thriving network of backers spans multiple sectors, including venture capital firms, blockchain alliances, and leading cryptocurrency exchanges. Some notable partners and backers include Keplr, Cosmostation, NGC Ventures, Hashkey Capital, and many others.

These strategic partnerships and collaborations contribute to the growth and development of the Nibiru ecosystem, fostering a vibrant and interconnected Web3 landscape. As Nibiru Chain continues to attract high-profile supporters, it solidifies its position as a frontrunner in the blockchain industry.

How to Claim Airdrop Tokens

For those who participated in Nibiru Chain’s airdrop program, claiming your tokens is a straightforward process. Follow the steps below to ensure you don’t miss out on the opportunity to actively engage with the Nibiru ecosystem:

Nibiiru Chain Airdrop Banner Image
niburu chain airdrop
  1. Visit the official Nibiru Chain website and navigate to the airdrop claim page.
  2. Enter the required information, such as your email address and wallet address used during the airdrop registration.
  3. Verify your identity through the necessary KYC procedures, if prompted, on the Discord server.
  4. Once verified, you will receive instructions on how to claim your airdrop tokens directly at your designated wallet address.
  5. Make sure to follow the provided instructions carefully to ensure a successful token claim.

By claiming your airdrop tokens, you become an integral part of the Nibiru Chain community, unlocking various benefits and opportunities within the ecosystem.

The Future of Nibiru Chain

Looking ahead, Nibiru has an ambitious roadmap for further innovation and expansion. The project plans to roll out its genesis NFT collection, introducing unique and valuable digital assets to the market. Additionally, Nibiru aims to expand its presence in the Asia-Pacific (APAC) region, targeting countries like Korea, China, India, Japan, Vietnam, and Thailand.

A key focus for project in the near future is the implementation of parallel optimistic execution, enabling the simultaneous processing of multiple independent transactions. This groundbreaking feature will enhance scalability, speed, and efficiency, further solidifying Nibiru position as a leading Layer 1 blockchain platform.

Nibiru is actively working on achieving full Ethereum Virtual Machine (EVM) compatibility. This integration will allow seamless interoperability with Ethereum-based dApps, making it easier for developers to transition their projects to the Nibiru Chain ecosystem. By lowering the barriers to entry, Nibiru Chain aims to attract a broader audience and drive mass adoption of blockchain technology.

Disclaimer: Cryptocurrencies pose a speculation risk, and we in no way endorse buying, holding, or trading any cryptocurrency. This is a news article, and while all precautions were taken to maintain the integrity of facts, do your own research. for more articles, read more on Hash Herald

1 COMMENT

  1. It’s hard to find well-informed people about this subject, but you
    sound like you know what you’re talking about! Thanks

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