Nibiru Chain Raises $12 Million in Funding Round
Nibiru Chain, a developer-focused blockchain platform, has secured $12 million in its latest funding round. The funding includes participation from Kraken Ventures, Banter Capital, Master Ventures, ArkStream, Tribe Capital, and NGC Ventures.
Impressive Sales for Nibiru Chain
Nibiru Chain’s Community Sale on CoinList sold out its $3 million allocation in just nine minutes and a $3 million extension in 11 minutes. The sale attracted over 42,000 registrants and recorded 842% in pre-funded excess interest.
Partners Excited About Nibiru’s Focus
Partners in the funding round expressed their excitement about Nibiru’s focus on innovative technology and user-centricity. Tom Dunleavy from Master Ventures Capital praised Nibiru for its incorporation of the best-in-class technology and research into its new chain. Brandon Gath from Kraken Ventures commended Nibiru’s distinctive Layer 1 model and its smart contract royalty mechanism.
Creating the Path for the Next Wave of Blockchain Apps
Nibiru Chain is an innovative layer-1 blockchain and smart contract ecosystem with a focus on user-friendliness and developer-friendliness. It offers high performance, advanced security, and versatility for various industries. Developers can utilize Nibiru’s dev gas royalty mechanism for sustainable growth.
Nibiru’s Expansion Plans for 2024
Nibiru aims to expand its ecosystem by attracting more developers and users. The team has outlined initiatives such as gamified engagement airdrops, full EVM compatibility, listing on centralized exchanges, integrating with liquidity hubs, and implementing parallel optimistic execution.
Upcoming App Launches
Nibiru Chain plans to release major apps, including Nibi-Perps, Nibi-Swap, and NUSD, to enhance its platform’s user and developer focus.
Hot Take: Nibiru Chain Secures Funding for Growth and Development
Nibiru Chain has successfully raised $12 million in its latest funding round, with participation from various notable investors. The project’s impressive sales and focus on innovative technology have garnered excitement from partners. With its user-friendly and developer-friendly approach, Nibiru aims to pave the way for the next wave of blockchain applications. The platform offers high performance, advanced security, and versatility across multiple industries. Nibiru’s expansion plans for 2024 include attracting more developers and users through various initiatives. The upcoming app launches will further solidify Nibiru Chain’s position as a platform dedicated to users and developers.
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