Nibiru Chain has officially introduced its public mainnet. This launch marks a significant step forward, with the platform achieving an impressive capability of handling 40,000 transactions every second. This performance is a testament to the innovative approach of parallel optimistic execution. By processing multiple transactions simultaneously, Nibiru Chain aims to significantly expand its user base.
“We recognize the barriers that have kept potential users at bay — from complex onboarding to opaque decision-making and a lack of affordability, scalability, and transparency.”
Unique Divine, co-founder and CEO at Nibiru Chain
Founded with a $12 million investment from notable backers including Kraken Ventures, Nibiru Chain’s ambitions don’t stop at high transaction speeds. The platform is setting its sights on becoming a major player in the blockchain space, positioning itself as a formidable competitor against giants like Ethereum and Solana.
Expanding the Blockchain Ecosystem
Nibiru’s strategy includes a diverse range of on-chain products. Users can look forward to engaging in the world of non-fungible tokens (NFTs), gaming, tokenization of real-world assets (RWAs), and decentralized finance (DeFi). Furthermore, the platform is enhancing its offerings with the introduction of perpetual futures trading and a native stablecoin, NUSD.
To support developers and users alike, Nibiru has made available a suite of toolkits. These resources, tailored for programming languages such as TypeScript, Golang, Python, and Rust, underscore Nibiru’s commitment to accessibility and innovation within the blockchain community.
Since its initial announcement in 2022, Nibiru Chain’s journey has been one of rapid growth and broadening investor support. Having raised over $20 million from a diverse group of investors including Tribe Capital and Republic Capital, the platform’s early success was highlighted by the overwhelming demand for its NIBI tokens. This initial offering attracted over 40,000 registrants and more than 5,000 buyers through CoinList, demonstrating the significant interest and potential of Nibiru Chain in reshaping the blockchain landscape.