Layer 1 blockchain Nibiru announces community public offering on CoinList

ChainCatcher news, the Layer 1 blockchain Nibiru announces a community public offering on CoinList. This sale is reported to be CoinList's third community public offering this year, starting at 18:00 UTC on February 1, 2024, with a public option. The public offering has a supply of 60,000,000 NIBI tokens; the price is $0.05, with a lock-up and release schedule that unlocks 10% around February 26, 2024, followed by linear release over the next 12 months; the initial purchase limit is a minimum of $50 and a maximum of $2,000 (only for USDT/USDC).

It is reported that Nibiru is a Layer 1 blockchain and financial center that unifies leveraged derivatives trading, spot trading, staking, and joint curve liquidity provision into a seamless user experience, allowing users from over 40 blockchains to engage in leveraged trading using a set of composable decentralized applications.