Rari Foundation announces that the Rari Chain mainnet is now live on Arbitrum

ChainCatcher news, according to The Block, the Rari Foundation has launched the Rari Chain mainnet on Arbitrum.

It is reported that Rari Chain is an EVM-compatible chain based on Arbitrum, designed to protect NFT royalties by embedding royalties at the node level. It is a Layer 3 chain, meaning it enhances the scalability and other features of Layer 2 Arbitrum to strengthen the NFT ecosystem. The Rari Chain testnet was launched on November 30, 2023, with approximately 46,000 wallet addresses participating in the testnet, conducting about 251,000 transactions.