HANOI, Vietnam--(BUSINESS WIRE)--Over 15 months of continuous development with steady testing and product optimization, Aura Network now officially moves onto the next phase, announcing the highly anticipated launch of Aura Network Mainnet - ‘The Xstaxy’. This significant achievement represents its revolutionary footprint into the Web3 space and ambition in becoming one of the leading Cosmos-based layer-1’s focused around NFTs, Web 3.0 gaming and sustainable DeFi.
“Our Mainnet is well underway. We’re delighted to announce the launch date of Aura Mainnet at the end of the first quarter. All teams are taking aggressive steps to deliver the Mainnet launch on time as promised with investors, partners and communities,” shared Giang Tran, Founder & CEO Aura Network.
The Xstaxy Mainnet is set to officially launch on the 20th March at 13:00 UTC. With the activation of its mainnet, Aura Network will thrive to position itself as the first permissioned smart contract layer-1 chain driving towards mass NFT adoption in the Cosmos ecosystem.
In preparation for this launch, Aura's Network releases four important key updates on its mainnet development:
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Ecosystem Expansion: Besides current products including AuraScan and Pyxis Safe, several dApps related to sustainable DeFi and NFT Marketplace are currently being built and tested continually, acting as an essential part of the Aura ecosystem. These products will shortly be introduced to the community with an alpha release, along with campaigns for early-adopters to experience. Rewards will be given to those who provide suitable feedback to the Aura technical team in product improvement.
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Token Migration to Mainnet: Considered as one of the most vital phases in mainnet launch, the migration flow between BEP-20 Aura token and native token on Mainnet is now fully optimized towards a secure and effortless process. Aura Team has been actively coordinating with CEXs and DEXs on new native tokens support. Furthermore, Pyxis Safe is going through a series of security audits, powered by top-notch security researchers and experts.
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Validator Programs: Taking the final steps of Mainnet preparation, Aura Network is recruiting additional 18 validators for the genesis block. Global developers and validators can get involved with the Mainnet launch through the Aura Foundation Delegation Program. This activity is designed to cultivate the network’s general growth and decentralization by appropriately allocating funds for delegation. Registration is open until March 2nd, 2023 0:00 (UTC). More details can be found here.
- Partnership and Community Growth: Since the $4M Pre-Series A fundraising round led by Hashed and Coin98, Aura Network has closed deals with several partners in the Web3 and Blockchain space. This will help gather much needed momentum to boost its Mainnet launch, in terms of product development, operation and marketing strategies.
In the final stages of product testing, the company aims to ensure a robust and stable network before welcoming hundreds of thousands of new users and developers onboard.
About Aura Network
Aura Network is an ecosystem built to accelerate global NFTs adoption. Aura Network focuses on building the Internet of NFTs and bringing NFT and web3 to the masses.
