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 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:
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.
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