Rari Foundation, representing Rari DAO, has launched the Rari Chain mainnet on Arbitrum. Rari Chain is an EVM-compatible chain based on Arbitrum, aimed at protecting NFT royalties by embedding them 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 30th, 2023, with approximately 46,000 wallet addresses participating in the testnet, conducting about 251,000 transactions.