Rari Foundation launches Rari Chain mainnet on Arbitrum to help protect NFT royalties | Headlines | News | CoinMarketCap
01/24/2024 21:18
Rari Foundation, the organization representing the Rari DAO, has launched the Rari Chain mainnet on Arbitrum. Rari Chain is an Arbitrum-based …
Rari Foundation, the organization representing the Rari DAO, has launched the Rari Chain mainnet on Arbitrum.
Rari Chain is an Arbitrum-based EVM equivalent chain that preserves royalties by embedding them on the node level. It's a Layer 3, which means it boosts scaling and other features of a Layer 2, in this case Arbitrum, to augment the NFT ecosystem.
"The launch of Rari Chain mainnet turns our vision of creating NFT specific, creator-focused chain, that becomes home for creator economy, into a reality," Jana Bertram, Head of Strategy at Rari Foundation, in a statement. "We're excited to provide the ground for innovation and new NFT use cases, and welcome a new wave of NFTs and projects, by offering a new decentralized infrastructure tool to the web3 community.”
The …