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The NIX Foundation's full acquisition of the Oracle Foundation officially establishes a global public blockchain landscape worth hundreds of billions of US dollars.

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The NIX Foundation has officially completed its full acquisition of the Oracle Foundation, marking the formal establishment of BOT public chain's strategic position in the fields of global distributed computing power, decentralized finance, and intelligent computing infrastructure.

It's worth noting that the NIX Foundation had previously made a $10 million strategic investment in the BOT public blockchain, providing solid support for ecosystem development, underlying research and development, and global expansion. This acquisition further strengthens BOT's global development path.

As the first ecosystem project of the BOT public chain, CaryPact has been officially established as a benchmark for the core computing power network and ecosystem implementation on the chain, promoting the implementation and expansion of the BOT public chain in decentralized computing power, verifiable computing and AI application scenarios.

This strategic integration will focus on optimizing the underlying protocol of the BOT public chain, expanding the cross-chain ecosystem, and building the core computing power network, thereby accelerating the global implementation of decentralized computing power and the Web3 ecosystem.

The NIX Foundation, headquartered in Sweden, is an international non-profit organization jointly initiated by Nordic government innovation agencies, Middle Eastern sovereign wealth funds, and top global investment institutions. The Foundation adheres to the principles of openness, transparency, and decentralized governance, and is committed to promoting the research and practical application of next-generation public blockchain infrastructure and intelligent computing networks.

In this strategic layout, the BOT public chain has been established as an important core of the next generation of global decentralized computing and asset public chain, and its globalization will be promoted in all aspects, from underlying protocol, computing power network, ecological collaboration to application scenario implementation.

A more open, efficient, and trustworthy era of decentralized computing power and public blockchain ecosystem is rapidly approaching.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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