Newport Beach, CA, United States of America, March 28th, 2024, Chainwire

How This Californian Startup Is Revolutionizing Real Estate Investment through Ethereum-Based Tokenization

USP, an innovative tokenized real estate investment marketplace and platform, is thrilled to announce its official launch on Republic.com/uspc, a leading crowdfunding portal. This move marks a huge milestone for USP, an incredibly-early tokenized real estate project on the Ethereum network, as well as a major win for investors across the globe seeking to tap into the lucrative world of U.S. real estate investment through cutting-edge blockchain technology.

USP’s platform democratizes access to real estate investing, enabling investors of any size and background to participate in the ownership of commercial properties. With an already robust portfolio valued at $52 million and situated throughout Southern California, USP sets a new standard in the tokenized real estate landscape.

Key Highlights of the USP Launch:

• Community Strength: USP boasts a vibrant community of over 17.3 thousand active members, underscoring the platform’s appeal and reliability as a trusted investment portal.
• Tokenized Real Estate Value: Over $52 million worth of real estate is already tokenized on the USP platform, providing a diverse range of investment opportunities for participants.
• Accessibility and Ease of Use: The platform is designed to make real estate investment accessible to everyone. With a simple account setup process that takes less than 5 minutes, users can begin buying tokens representing fractional ownership in properties.

What Sets USP Apart:

USP sets itself apart by utilizing the Ethereum blockchain to tokenize properties, enabling global investment without minimum requirements and facilitating peer-to-peer trading. This innovative approach contrasts sharply with traditional real estate investment methods like crowdfunding platforms, private equity, and REITs, which typically cater only to accredited investors with high minimum investment thresholds and offer little to no liquidity. Through this application of tokenization, USP is essentially democratizing access to traditionally inaccessible real estate assets, making it 100 times easier to become a landlord of real world assets (RWAs).

“Our launch on Republic.com is a leap forward in our mission to simplify real estate investment and make it accessible to the average person,” said Johnney Zhang, Founder of USP. “We believe in breaking down barriers to investment, and through our platform, we’re not just offering a piece of lucrative U.S. real estate; we’re offering a piece of the future.”

Investment Opportunity on Republic.com:

For a limited time, investors can contribute to the future development of the USP tokenized real estate marketplace, as well as its current real estate assets. This investment opportunity represents a stake in both the technological advancement of the USP platform and its existing tokenized real estate portfolio.

About USP:

USP is a tokenized real estate investment platform that empowers investors from anywhere in the world to invest with as little as $1. Our platform simplifies the investment process, democratizing real estate ownership and providing a secure and transparent way for users to build their portfolios. For more information about USP and to become part of this groundbreaking investment opportunity, visit their official website.

Contact:

Stephanie Archer

Director of Investor Relations

USP

support@usp.io

www.usp.io/links

Contact

VP of Marketing
Andrew R. Palacios
Primior
andrew@primior.com
6268020053

Grand Cayman, Cayman Islands, March 28th, 2024, Chainwire

March DEX volume on Sui stands at over $2.88B – up more than 49% from February – with decentralized exchange Cetus and wholesale liquidity layer DeepBook leading.

Sui, the fast ascending Layer 1 blockchain offering industry-leading performance and infinite scaling, continued to demonstrate its blistering DeFi growth by cementing its place in the top ten of all chains by weekly DeFi volume, registering over $830M of trading over the most recent seven days of data available on DeFiLlama and $224M in the latest 24 hours.   

The volume growth comes as the chain has amassed several DeFi milestones since the start of the year, including surging past $700M in total value locked (TVL) earlier this week – up over 1900% since October – and dominating outflows from Ethereum via Wormhole during multiple seven-day periods this year. Sui is also setting the standard for network reliability during periods of high network traffic. In the first four months of its mainnet, Sui completed 65.8M transactions in a single day—the most of any blockchain ever, while throughout its existence, the network has never had an outage or experienced degraded performance.  

These milestones reflect how Sui’s underlying technology, which features an object-centric model, horizontal scalability, the increasingly popular, developer-friendly Move programming language, and recent breakthroughs such as zkLogin and zkSend, enables developers to create products that solve real-world challenges at scale. 

Sui’s technology has also attracted top projects and developers which are increasingly choosing to build on Sui. Most recently, Suilend, a protocol developed by the team behind Solana’s largest lending protocol, Solend, launched in its first expansion outside the Solana ecosystem. Ondo Finance’s treasury-backed assets also recently made their way into the ecosystem, while decentralized derivatives exchange Bluefin left Arbitrum for Sui. 

DeepBook, Sui’s fully on-chain order book, which is part of the Sui Protocol, has experienced a substantial volume increase in March as DeFi on the network continues to flourish. The CLOB saw over $940M in volume since the start of the month, and over $289M of trading in the last week alone, as it continues to provide deep liquidity to all DeFi protocols and traders on Sui with ultra-low, predictable transaction costs and sub-second finality.

“From the Move language to its object-centric architecture, Sui’s technology is unique in the industry and enables a level of innovation that is attracting partnerships, protocol expansions, and independent developers—all building solutions that leverage the Sui network,” said Greg Siourounis, Managing Director of the Sui Foundation. “Sui’s surging metrics in DeFi indicate definitively that in an industry which is currently surging and primed for cutting-edge technology and practical, real-world applications, Sui is increasingly the platform of choice.”

Contact

Sui Foundation
media@sui.io

Lisbon, Portugal, March 28th, 2024, Chainwire

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

The project has sparked a new-found excitement in the Polkadot ecosystem, seeing over 20,000 await their airdrop in the $DED telegram channel.

With the token’s snapshot debuting early last week, the team hopes $DED signifies a second coming for the Polkadot ecosystem and fresh liquidity.

With partnerships and support from top projects on the network such as Talisman Wallet, Nova wallet, SubWallet and others, $DED is showingcasing how powerful and committed the Polkadot community can be.

DED has also launched the biggest Zealy campaign the network has seen, with a total prize pool of over $30,000 in DOT and big crypto personalities have also jumped in on the action. YouTuber DataDash noted in part of his latest video that this could “Put Polkadot back in centre stage”, with others such as Ash Crypto, DubzyXBT and Crypto Banter piling into the action.

The Dot is DED Mission Recap

DOT is $DED was initiated by the community with the purpose of creating the first memecoin on DOT. The community felt that if they worked together they could bring excitement which would onboard a larger community to Polkadot. Figuring out how to do it was the hard part, but after seeing how $BONK acted as a catalyst for the Solana ($SOL), the answer was right in front of the team.

There are now over 1 million DOT holders, and an estimated 100,000 of them have stuck it out to support the DED launch. Now the Snapshot has been taken, DOT is DED will await its airdrop.

For the latest updates and community activity Join the $DED Telegram channel and follow on X.

Contact

Jack
jack@lunarstrategy.com

UAE, UAE, March 27th, 2024, Chainwire

XCAD Network – a tokenisation platform for YouTubers to connect and reward their viewers with crypto tokens – today announced it has signed MOUs (Memorandum of Understanding) with multiple governments to expand incentivised Web3 education to millions of people across the globe.

By securing the support of several governments, XCAD aims to bridge the gap between Web2 and Web3, and enable more people to partake in the Web3 Space. XCAD Network has announced the first government agreement, which is with Pakistan. Under this partnership, XCAD will distribute and incentivise the consumption of educational media among Pakistani citizens. 

Education is the first step in bringing new people into the Web3 space. As part of the MOUs, XCAD Network will work with governments to launch pilot campaigns to educate their citizens on Web3. These campaigns will be joint campaigns launched by governments and the XCAD team alongside select content creators from that country’s jurisdiction. 

Users will have to download the XCAD Network application to watch interactive educational content on various Web3 topics. Upon completing the modules and consuming content, users are rewarded with tokens.

Blockchain, cryptocurrency and the Web3 world will be the key focus areas. However, governments can also focus education on other subjects, such as financial literacy. 

Oliver Bell, the Chief Executive Officer of XCAD Network, commented, “Working directly with Government entities is incredibly exciting for the XCAD project and the Web3 Space as a whole. What we’re doing aligns with the government’s vision towards digitisation and global blockchain adoption” 

Another way that XCAD plans to work with Government entities, is by leveraging the XCAD platform to boost travel and tourism engagement in their country. They want to partner with creators and citizens to create engaging educational content around tourism in their country. Those who consume the content are then rewarded.

XCAD Network has already onboarded some of the biggest YouTubers in the world to issue creator tokens on its platform. However, getting governments involved gives the project more credibility. This allows XCAD Network to attract even bigger names to issue creator tokens, stay on top of regulatory requirements and drive more users to the XCAD platform.

About XCAD Network

XCAD Network allows YouTube creators to launch personalised tokens and generate dedicated economies around their loyal fan-base It also offers new upstart creators a way to earn tokens and generate income even before the creator generates traction on YouTube itself.

In addition to helping generate new revenue, XCAD Network fosters deeper engagement through gamification and rewards. Fans benefit monetarily from the growth of their favourite creators, thus strengthening the bonds between creators and their followers.

The platform is backed by famous YouTubers such as KSI and Mr Beast, and is home to 100+ celebrity influencers globally with a combined audience of over 800M.

The XCAD ecosystem consists of DEXs, a governance portal, a browser plugin with Youtube integration, cross-chain bridges, staking pools, and creator swap, which lets users exchange creator tokens.

For more information, please visit: https://xcadnetwork.com/

Contact

Roelien Vd Westhuizen
Dverse
roelien@d-verse.io

Eskisehir, Turkiye, March 22nd, 2024, Chainwire

Sociapol is the innovative Blockchain VR platform reshaping gaming, socialising, and content creation. Leading the charge in the booming VR-media arena with its seamless cross-platform digital space. Users can immerse themselves in a world where they can play games, interact, design NFTs, and live a parallel virtual life through their NFT avatars and they can also earn SPOL tokens.

Partnered by some leading names in the industry like NEAR, Paras, SAGA, AWS Activate, BNB Chain etc., Sociapol is expanding and their creative strategy is resulting in a spike in adoption rates. 

Sociapol’s revenue approach incorporates NFT sales and in-game advertisements as part of its growth strategy. The company aims to explore new revenue opportunities for both users and creators through the monetization of digital assets.

Some Key Features of Sociapol

• Cross-Platform: Sociapol will let users explore and use the same virtual environment on PCs, mobile devices, and VR headsets.
• Community: In less than six days, the private sale round was sold out for 240k USD, which resulted from the efforts of Sociapol’s current shareholder community.
• GameFi: Players can engage in ultra-casual games and win tokens in the process.
• SocialFi: Sociapol will let users communicate with one another and gain access to tokens and NFTs for special events.
• User Generated Content: Sociapol will allow users to produce and submit content to the network, earning tokens along the way, by partnering with major gaming firms.

Meet the Team

Gürcan Serbest, Sociapol Founder & CEO: With over 20 years of experience in gaming and VR development Gürcan now uses his virtual world creation capabilities to ensure Sociapol brings an incredible experience for users.

Saygın Kolaşinli, Sociapol COO: Having worked in engineering and project management for over 15 years, Saygın ensures everything runs smoothly and everyone has the resources they need to further develop the project.

“We have the vision of setting the benchmark for virtual gaming and socializing within the Web3 realm, establishing a model to be followed and admired across the industry, our product has been one example of what our vision is. We also have plans for Airdrop for the Alpha Users in Q2 of 2024 along with our platform launch for PC & mobile” said Gürcan Serbest, founder and CEO of Sociapol.

The board of advisors includes some leading names like Hakan Yıldız, Fonbulucu CEO & Founder, Erkan Bayol, Metaverse Game Studios CEO & Founder, Umut Ersaraç, Senior Gaming Industry Consultant / Mentor and Tuğsan Gökgöz AdImage Co-Founder.

Sociapol Tokenomics

Running on the Binance Smart Chain and adhering to the BEP-20 standard, SPOL has a 100 billion token supply and is interoperable with popular wallets like Metamask. As the foundation of Sociapol, SPOL empowers users, developers, innovators, and stakeholders, underscoring its intrinsic worth in the thriving Sociapol community. The TGE is scheduled for October 2024. The launchpads include Bitci, Kommunitas and more big names to be added.

     Source: Sociapol Whitepaper

The team aims for upcoming listings on major exchanges, subject to compliance and approval processes. Should these listings occur, SPOL will benefit both token holders and platform users, ranging from trading virtual assets to unlocking exclusive experiences. Developers and content producers could use SPOL tokens to produce and distribute assets, or to charge customers for access to their services or content.

About Sociapol

Sociapol stands at the forefront of innovation, seamlessly merging Virtual Reality (VR) and Web3 technologies to create an immersive and collaborative digital space. This cutting-edge platform goes beyond conventional gaming paradigms, catering to users equipped with VR devices, mobile gadgets, and personal computers. Sociapol, with its integration of cryptocurrency and NFTs, not only transforms the way users experience digital environments but also pioneers a new era of interactive online communities.

More details about the project can be found on Sociapol’s website and Twitter.

For in-depth information about the project, users canread the Whitepaper here.

Contact

COO
Saygin Kolasinli
Negentra
saygin@negentra.com.tr

BVI, BVI, March 20th, 2024, Chainwire

Mystiko.Network, the leading Base Layer of Web3, has completed a 18 Million USD seed funding round led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, etc. 

In less than a year, Mystiko V1 mainnets have supported over 134 Million USD transaction volume, 214K+ transactions on 5 different layer1/layer2 blockchains, with 54K+ unique active onchain users.

Previously, Mystiko.Network has also been selected to participate in esteemed programs such as Binance MVB, Chainlink Startup, Polygon Ecosystem and Coinlist Seed. 

About Mystiko.Network

Mystiko.Network is the Base Layer of WEB3. Mystiko SDK, the universal ZK SDK, features scalability, interoperability, privacy and AI for every blockchain/dapp all at once.

Learn more about Mystiko. Network and follow us:

Website|Camo Wallet| Twitter| Discord | Medium | Whitepaper| Docs

Contact

Alex Dao
info@mystiko.network

London, United Kingdom, March 15th, 2024, Chainwire

With over $11.5 million already raised in under 30 days, Bitcoin Dogs’ buying is now entering its final 24 hours of its presale.

News of the first ICO on the Bitcoin Blockchain have been circulating online, resulting in extensive coverage in the media, and with both the game beta and the 10,000-strong NFT collection due for release in Q2, the team behind the project has set a rapid pace. 

The final token price is $0.0404 and reflects the last pricing tranche, which is 169% higher for those who bought in stage 1 of the presale.

Bitcoin Dogs: The V8 Under the Hood

Put simply, Bitcoin Dogs is an NFT collection and a PVP game, with a carefully thought of unique concept.

Not only does it take inspiration from some of the most successful gaming projects we’ve seen (Axie Infinity, Xpet, and Bitcoin Cats), but it has also similar characteristics that saw historic prices from NFT collections like BAYC and CryptoPunks.

The 0DOG utility token is on BRC-20: a brand-new type of cryptocurrency tech built on Bitcoin. BRC-20 introduces an experimental fungible token standard using ordinal inscriptions on the Bitcoin blockchain, pushing the boundaries of digital asset tokenization. 

Bitcoin Dogs has demonstrated the evident appetite with which new projects embracing the latest blockchain technologies can capture the imagination.

According to the company, token holders will be looking forward to the opportunity to see a second movement, given that the 10,000-strong Bitcoin Dogs NFT collection will be exclusively available for those holding 0DOG tokens and is due to launch in Q2 this year, effectively doubling down on the Q1 launch of the token. 

A Chapter In Blockchain History

According to the company, owning 0DOG tokens is a chance to own a piece of blockchain history as the first ICO of its kind. Immutable and unique, this can’t be replicated.

The traction and tongue-in-cheek power of the brand, as well as its long-term potential to influence both the blockchain gaming space and possibly revitalize the NFT market, have seen an outpouring of attention from the crypto community.

Invezz.com captured this sentiment by saying, “all of this makes Bitcoin Dogs our highest-rated token this year. The first BRC-20 presale won’t be the last, and the BTC blockchain could become the preeminent crypto ecosystem. Bitcoin Dogs is a great way to get in on the ground floor of this new wave of altcoins built on Bitcoin.”

Bitcoin Dogs boasts a 110,000+ strong X community and the team hopes that the project has captured enough attention from the ecosystem to start it’s journey.

About Bitcoin Dogs

Bitcoin Dogs is breaking new ground in the Bitcoin ecosystem. For the first time ever, NFTs, gaming, and new token types come together to offer the first ICO on the original Bitcoin blockchain. The truly permissionless immutability of Bitcoin is being harnessed to create the 0DOG token, while a play-to-earn (P2E) gaming experience and NFT collection are being developed exclusively for 0DOG holders.

0DOG is available to buy on the Bitcoin Dogs Website

For more information and to buy Bitcoin Dogs (0DOG), visit the website.

Official Website | Whitepaper | Socials

Contact

Bitcoin Dogs
Bitcoin Dogs Team
marketing@bitcoindogs.club

Singapore, Singapore, March 14th, 2024, Chainwire

Thetanuts Finance, the leading decentralized on-chain options protocol, announced that it has integrated Pendle Finance’s $PT-eETH offering to create a Leveraged LRT Strategy Vault on the Ethereum Mainnet. 

This marks the protocol’s first foray into the world of restaking and Liquid Restaking Tokens (LRTs), a fast-growing primitive within the Decentralized Finance (DeFi) industry that has already accumulated more than $10 billion in Total Value Locked (TVL).

Accelerated Staking Yields

Restaking provides a way for DeFi users to use their staked $ETH to secure other networks and earn additional yield beyond what they earn via the Ethereum Mainnet. Pioneered by EigenLayer, it gives users the choice of restaking directly in EigenLayer’s native dApp or within a liquid restaking protocol such as EtherFi. By staking their $stETH in liquid restaking protocols, users generate “Liquid Restaking Tokens” or LRTs that can also be leveraged to earn additional yield elsewhere. 

The leading LRT at present is EtherFi, which currently boasts more than $2.5 billion in TVL. It enables users to deposit $ETH, $stETH, $bETH or $cbETH in order to mint an LRT known as $eETH.

By holding $eETH, users can increase their rewards with EigenLayer points and also protocol points such as EtherFi Loyalty Points. Moreover, there are additional opportunities available through third-party LRTs, such as the innovative Pendle Finance protocol, which seeks to increase $eETH yields even more by splitting it into $PT-eETH and $YT-eETH.

$PT-eETH is a token that forgoes $eETH yields and points to instead earn a fixed ~20% APY.  $PT-eETH can be redeemed for $eETH at a 1:1 ratio when it matures. 

As for $YT-eETH, this provides DeFi investors with leveraged exposure to $eETH yields and points that are streamed to holders on a perpetual basis until maturity, at which point the token decays to no value. At present, $YT-eETH holders can accrue 39x EtherFi points and 20x EigenLayer points. 

Bringing Utility To $PT-eETH

While Pendle Finance currently stands out by offering the industry’s highest fixed yield for $ETH via its $PT-eETH offering, together with complete certainty of those returns, Thetanuts Finance’s Leveraged LRT Strategy Vault gives users an opportunity to drive those yields even higher.  

With its new offering, Thetanuts is integrating $PT-eETH to launch a Leveraged LRT Strategy Vault on Ethereum Mainnet.

Holders of PT-eETH may either wait for their tokens to mature on June 27 before they can realize any gains, or exit their position earlier if the implied APY is favourable. While waiting for maturation, the Thetanuts Finance Leveraged LRT Strategy Vault provides $PT-eETH holders with the opportunity to earn additional yield by utilizing their $PT-eETH to generate additional yields via option premiums and rewards.

With its Leveraged LRT Strategy Vaults, Thetanuts has created a novel mechanism in which users must “Zap” their $PT-eETH tokens and deposit them into the Thetanuts Finance v3 Lending Market, and borrow $ETH. This $ETH is then deposited into the $ETH Call (“ETH-C”) Basic Vault, where it generates additional Basic Vault Option premiums, but takes on short volatility risk. 

In this way, Thetanuts Finance’s Leveraged LRT Vaults give $PT-eETH holders the ability to utilize a valuable asset, which they could previously only hold until maturity. In total, they’ll be able to generate additional yield in five ways – EigenLayer Points, EtherFi Loyalty Points, Pendle $PT-eETH Fixed Yield, Thetanuts Finance $ETH-C Basic Vault Option Premiums, and $NUTS Rewards after Thetanuts Finance’s governance token goes live. 

Thetanuts Finance is proud to deliver a new industry-first with its innovative Leveraged LRT Strategy Vaults. The launch represents the first time an options market has created a new yield-generating tool for LRT-related staking products. Due to this, it’s highly likely there will be strong demand for the new product. There is currently 150,000 $PT-eETH (worth $577mm) that is currently in circulation.

Thetanuts Finance will first launch its Leveraged LRT Strategy Vault on the Ethereum Mainnet, and will eventually integrate other LRT protocols – enabling a similar strategy with other LRTs as collateral assets. 

As with all DeFi investments, $PT-eETH short-call vaults are not entirely without risk, as depositors effectively take on short volatility risk. As such, there is a danger that their deposits could become worthless if the market for eETH or PT-eETH collapses.

About Thetanuts Finance

Thetanuts Finance is the leading decentralized on-chain options protocol focused on altcoin options. With the launch of Thetanuts Finance’s Leveraged LRT Strategy Vault, Thetanuts Finance will make its foray into the world of staking and Liquid Restaking Tokens.

Contact

Dan Edelstein
PR@marketacross.com

Bangkok, Thailand, March 13th, 2024, Chainwire

Southeast Asia Blockchain Week (SEABW) has announced its first event with the goal of becoming the region’s premier web3 conference. Scheduled for Bangkok, Thailand from April 22, the inaugural SEABW features a host of top speakers.

SEABW was founded to spotlight the remarkable web3 innovation and blockchain adoption taking place across Southeast Asia. Major participants have been confirmed for the maiden event which runs from April 22-28 in Bangkok’s True Icon Hall. Sponsors such as SCBX, Aptos, and Analog will be in attendance along with hundreds of delegates, while MarketAcross has been confirmed as the official media partner. 

Speaking at the week-long event will be Animoca Brands’ Evan Auyang, Aptos CEO Mo Shaikh, Wintermute Co-founder Yoann Turpin, and YGG co-founder Gabby Dizon. There will also be senior figures from Hashed, Wintermute, Manta Network, and many other acclaimed web3 and GameFi companies.

Highlights from the first SEABW main conference include a Game Day co-hosted by YGG and W3GG. In addition to showcasing the latest web3 games, it will include giveaways, activities, community game showmatch and demos of forthcoming titles. The week will also include a focus on startups, who will have an opportunity to present and connect with investors.

Much of the content at the inaugural SEABW will be centered around the blockchain development that is taking place within Southeast Asia. With more than 700 million residents, the region has a highly tech-literate population that has been a driver of growth in verticals such as web3 gaming. 

With the event being hosted in Thailand’s capital, SEABW will draw attention to the country’s burgeoning blockchain ecosystem. Thailand’s first tokenization seminar will help businesses navigate emerging technologies and harness their full potential.

Another highlight from Southeast Asia Blockchain Week promises to be ONCHAIN2024, the region’s first real-world asset conference. Influential figures from traditional finance, fintech, and web3 will provide insights on the future of RWAs through a series of panel discussions. There will also be networking opportunities that bring builders and backers together.

Tickets are on sale for the first Southeast Asia Blockchain Week main conference, which will be held on April 24-25.

About SEABW

Southeast Asia Blockchain Week is the flagship conference for web3 developers, investors, and users. It brings together key figures from across the industry for seven days of panel discussions, keynotes, product demonstrations, and networking. From GameFi to RWAs, SEABW illuminates Southeast Asia’s most promising startups and web3 companies.

Learn more: Website | X | Telegram

About ShardLab:

ShardLab is the innovation arm of Hashed, a leading global Web3 venture capital firm based in Asia. Beyond ideas, we actively build ecosystems and collaborations to bring innovative disruptions using Web3 technology. Our vision extends to fostering mass adoption of Web3 in Southeast Asia, making technology accessible, and empowering communities in this dynamic digital frontier.

About Hashed:

Hashed is a team of blockchain experts and builders based in Seoul, Singapore, Bengaluru, and Silicon Valley. We believe that decentralization can transform not only the global economy but the very fabric of the internet. Our mission is to accelerate the mass adoption of blockchain by investing our resources and empowering a new wave of entrepreneurs and innovators to create this future. We approach this work as builders, not just pickers. We participate as core technical contributors to global infrastructure, and we’ve built a network of projects and people that connect industry pioneers with the knowledge and resources necessary to unlock the potential of blockchain.

Contact

Dan Edelstein
PR@marketacross.com

Tortola, British Virgin Islands, March 12th, 2024, Chainwire

Nibiru Chain, a developer and user-centric Layer 1 platform, has officially launched its public mainnet. 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 Ecosystem

At 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 2024

Nibiru 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 Nibiru

Nibiru 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
media@nibiru.org