Nibiru Chain logo

Nibiru Chain (NIBI)

Past
Total Raise: $11,500,000
Date: 24 Sep - 01 Feb

Nibiru is a Layer 1 chain network and blockchain ecosystem built with the Cosmos SDK. The network provides users and developers with increased scalability and security through the implementation of an innovative WebAssembly smart contract (Wasm) mechanism. The entire ecosystem is powered by its native Nibiru token ($NIBI), serving as the means for security and operability within the network.

Since its inception in 2022, Nibiru Chain has managed to secure over $8.5M from the leading funds including HashKey Capital, NGC Ventures and others. 

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Nibiru Chain Overview

Ticker: NIBI
Country: British Virgin Islands
Founded: 2022
Whitelist: No
Blockchain Network: Nibiru Chain
KYC: Yes
Bounty: Yes
MVP: Yes
Type: ICO, Equity
Security Audit: Yes

Nibiru Chain Review

Nibiru Chain is a highly scalable Layer 1 network and permission-less platform for developers to deploy smart contracts, intimately integrated into the Cosmos ecosystem. Powered by Inter-Blockchain Communication (IBC) technology, it allows users to seamlessly transfer their assets from the Nibiru Chain to other networks.

Nibiru Chain employs the WebAssembly smart contract (WASM) concept, providing an ideal environment for the development of the DeFi industry within the Cosmos ecosystem. By allowing WASM contracts to request a send to occur after their completion or to call into another contract, Nibiru prevents reentrancy attacks and excessive gas fee consumption, which are common scams in the crypto industry. Additionally, running in a sandbox environment and written in a memory-safe language, it prevents contracts from accessing unintended data.

Nibiru is not limited to network only, it has also developed a large, diverse ecosystem of featured dApps, including: 

  • Nibi-Perps: a decentralized, fully on-chain perpetuals exchange powered by the Nibiru Chain network. It aims to minimize imbalances in open interest, reduce delays during high volatility periods, prevent bleeding of the Perp Fund, and increase the number of unique users; 
  • Nibi-Oracle: an application that delivers real-time data from other chain networks onto the Nibiru Chain. It provides a reference price for various assets on the network and incentivizes the development of the DeFi sector;
  • Nibi-Swap: the native DEX of the Nibiru Chain, enabling users to swap tokens, provide liquidity to earn APR, and receive boosted rewards for longer liquidity locks.

Find more info about the Nibiru crypto ecosystem in Nibiru Docs.

The entire Nibiru ecosystem is powered by $NIBI, the native Nibiru coin. It fuels the network's proof-of-stake consensus mechanism, supports decentralized governance, and will play a key role in the future DeFi ecosystem of the dApps built on the Nibiru Chain.

The company has conducted a few private token sale rounds from leading funds and investors including Hashkey Capital, NGC Ventures and others, securing over $8.5M in funding. And now it is planning to conduct a public sale of $NIBI on CoinList, adding over $4M to its total funding amount.

Nibiru Chain Token Economy

Total Raise: $11,500,000
Total Supply: 1,500,000,000
Private/Pre-sale: 7,500,000 (0.5%)
Public Sale: 4,000,000 (0.27%)
Fully Diluted Valuation (FDV): $75,000,000
Initial Circulation Supply: $300,000 (0.4% of FDV)

Nibiru Chain Token Sale (ICO & IDO) Rounds

Private: 23 Sep - 24 Sep

Price: $0.0667
Tokens for sale: 127,500,000
Raise: $8,500,000
Lock-Up: 1 year cliff, 25%, then 3 year quarterly vesting
ICO: 16 Jan - 01 Feb

Price: $0.05
Tokens for sale: 60,000,000
Raise: $3,000,000
Lock-Up: 10% unlocked on or around February 26, 2024, followed by a ...
Launchpad: CoinList

Nibiru Chain Token Release Schedule

Nibiru Chain Release Schedule

Nibiru Chain Funds and Backers

Submit
Hashkey Capital logo
HashKey Capital
Score: High
3 numbers of
investment
Read More
NGC Ventures logo
NGC Ventures
Score: Medium
2 numbers of
investment
Read More
tribe
Tribe Capital
Score: Medium
1 numbers of
investment
Read More
View All

Nibiru Chain Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  23 Jan 2024 Upgrade

Nibiru Chain Team

Unique Divine
Unique Divine
Co-Founder & Lead engineer
Kevin Yang
Kevin Yang
Co-Founder & CTO
Jonathan Gimeno
Jonathan Gimeno
Co-Founder & Director of engineering

Nibiru Chain News

Nibiru Chain Roadmap

Jan 2024
  • Fungible and non-fungible token creations for dApps;
  • Development of Nibi-Perps, Coded Estate & Nibi-swap;
  • Gamified Engagement campaign.
Feb 2024
  • $NIBI listing on 3+ major CEXs;
  • Bridge integrations with major liquidity centers: Ethereum, Avalanche, Solana, Cardano;
  • NFT marketplaces and launchpads; 
  • Parallel Optimistic Execution;
  • EVM-compatibility to support native dApps on Solidity (not rollups);
  • Release of Nibi-swap, NUSD & Nibi-perps.

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