CryptoNews Podcast
#340: Unique Divine, Co-founder and CEO of Nibiru, on Creating L1s, Parallel Optimistic Execution, and EVM-compatibility
03 Jun 2024
Unique Divine is the co-founder and CEO of Nibiru, the user-centric layer-1 super chain that is paving the way to mainstream blockchain adoption through its exceptionally high throughput and parallel optimistic execution approach. Following its $8.5 million seed round in September 2022, co-led by the $1.6B+ AUM firm Tribe Capital, Republic Capital, Original Capital, and NGC Ventures, Nibiru secured an additional $12 million from venture firms, including Kraken Ventures, ArkStream, Tribe Capital, and others.Unique’s expertise in decentralized financial services, blockchain, and smart contracts is preceded by a professional background primarily in applied machine learning, where he consulted as an AI engineer for startups and Fortune 500 companies with Insight Softmax.Unique financed his Physics and Computer Science degrees at Columbia University through earnings generated from algorithmic trading, combining transformers for processing historical sequences and reinforcement agents to make trading decisions. Following graduation, he worked as a data scientist for IBM before helping develop Sommelier, the blockchain protocol for executing automated trading strategies on-chain, where he was in charge of the team’s data science division and led the development of DeFi trading strategies.In this conversation, we discuss:- Creating a new L1- L1 ecosystems- Fundraising for L1s - tough to find a niche- Increasing throughput- High-level overview of Nibiru — a new L1 blockchain valued at $100 million- 2024 Roadmap: Parallel Optimistic Execution, EVM-compatibility- Strategic expansion into the APAC region- Developing Sommelier for IBM- Hands on ecosystem- Venture-arms within the ecosystem- The integration of CeFi and DeFiNibiruWebsite: nibiru.fiX: @NibiruChainTelegram: t.me/nibiruchainUnique DivineX: @DivineNibirunLinkedIn: Unique Divine --------------------------------------------------------------------------------- This episode is brought to you by PrimeXBT. PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers. PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50
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