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.

ChainCatcher news, the non-profit organization RARI Foundation, which supports the development of the NFT marketplace Rarible, announced the launch of the RARI Chain testnet built on Arbitrum, an EVM-equivalent chain. RARI Chain is governed in a decentralized manner by the RARI holder community and the RARI DAO.In addition, the RARI Foundation has partnered with collaborators such as Caldera, Gelato, LayerZero, Magic, Rarible, Thirdweb, and WalletConnect. RARI Chain features built-in royalties, allowing for the setting of royalty percentages either per NFT or by series.

ChainCatcher news, the NFT market Rarible has launched an EVM-equivalent blockchain testnet called "RARI Chain," which embeds royalties in its nodes. It is reported that this blockchain is based on Arbitrum, and many partners including Arbitrum, LayerZero, and WalletConnect will actively support the new chain.