Marwari Network Launches Marwari Portal

Introduction of Participatory Leaderboard and Reward System

Mawari Network officially launched the Mawari Portal for an immersive XR (Extended Reality) internet ecosystem on the 26th. Users can acquire XR chips and proactively participate in the core opportunities of the Mawari ecosystem through the portal.

The Mawari Portal is a participatory gateway where users can acquire XR chips by completing various missions. XR chips are key assets that provide exclusive functions and access rights in the Mawari ecosystem.

Mawari Network will announce the sales schedule for the DIO (Decentralized Infrastructure Offering) license on the 30th. The DIO license based on the Arbitrum chain will be offered at a fixed price of $333, and purchasers will receive the right to operate a Guardian Node and 20% of network revenue.

Founded in 2017, Mawari Network has built a global infrastructure using Layer 2-3 blockchain based on Arbitrum Orbit. The company has completed over 50 commercial projects with Netflix, BMW, KDDI, T-Mobile, and achieved annual revenues of over $1.5 million. Currently, they are working on the Nanba Digital Entertainment City project with Nankai Electric Railway.

Mawari Network has raised a total of $17.3 million (approximately 23.46 billion won) in investments from Animoca Brands, Blockchange Ventures, Borderless Capital, Draper Dragon, Samsung Next, and 1k(x).

Choi Joo-hoon joohoon@blockstreet.co.kr