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NERO Chain (NERO): Pay Gas Fees with Any Token

NERO Chain (NERO): Pay Gas Fees with Any Token

Beginner
2025-07-28 | 5m

NERO Chain created the first modular blockchain allowing users to pay gas fees with any token or stablecoin. Founded by trading expert Jake Stolarski in Tokyo, this EVM-compatible platform has secured backing from Arcanum Capital and NTT Digital. NERO (NERO) will soon be available on Bitget!

What is NERO Chain (NERO)?

NERO Chain is the first blockchain that lets you pay transaction fees with any token or stablecoin you choose. No more buying specific coins just to use an app - pay with USDT, USDC, or even project-specific tokens.

This means if you want to use a blockchain app but only have USDT in your wallet, you can pay all fees directly with USDT instead of first buying the blockchain's native token. The platform handles everything automatically through its "Paymaster" system.

NERO Chain operates on its own network (Chain ID: 1689) but works seamlessly with Ethereum apps. The platform also shares transaction fees with app developers, creating real revenue streams for builders based on actual usage.

NERO Chain (NERO): Pay Gas Fees with Any Token image 0

Who Created NERO Chain (NERO)?

NERO Chain was founded in 2022 in Tokyo by Jake Stolarski, an experienced blockchain CEO and trading expert.

Jake Stolarski (Founder & CEO) Key Background:

● Previous Blockchain Success: Former CEO of Cube.Network, a Layer 1 blockchain that reached top 20 ranking on Huobi exchange

● Trading Expertise: Partner at energy-focused volatility trading fund that ranked top 3 globally at Chicago Mercantile Exchange

● Crypto Pioneer: Led trading at first SEC/CFTC-registered digital assets fund and was early Bitcoin ETF applicant

● Technical Background: Physics and electrical engineering degrees, former researcher at U.S. Air Force Research Laboratory

Core Team:

Mari Morizono: Co-founder & Chief Business Officer

Adeel Kiani: Managing Director/COO for strategic operations

Marcus Souza: Lead Developer Advocate for community and developer relations

The team recognized that complicated fee structures were blocking mainstream blockchain adoption. Their solution bridges familiar Web2 experiences with Web3 security.

What VCs Back NERO Chain (NERO)?

NERO Chain has secured strategic backing from leading crypto and traditional investors, though specific funding amounts remain undisclosed.

Major Venture Capital Backers:

● Arcanum Capital (Tether-backed VC) - Lead early backer

● Polychain Capital (Top Web3 investor) - Investment round participant

● Csquare Venture (Asia-focused VC)

● Oddiyana Ventures (Global blockchain VC)

● Triple GEM Capital (Global blockchain investor)

Strategic Japanese Partners:

● NTT Digital (Major telecom giant) - Node operator and strategic partner

● CoinTrade (Tokyo Stock Exchange listed) - Exchange partner and validator

● Mercury Inc. (Licensed crypto operator) - Node operator and investor

● CoinPost (Leading Web3 media) - Joint venture partner

NERO Chain's strong presence in Japan includes partnerships with major telecommunications, financial, and media companies, positioning it for institutional adoption in one of the world's largest crypto markets.

NERO Chain (NERO): Pay Gas Fees with Any Token image 1

How NERO Chain (NERO) Works

NERO Chain makes blockchain simple through several breakthrough technologies:

Revolutionary Gas Payment System

Traditional blockchains force you to buy their specific token to pay fees. NERO Chain's Paymaster system lets you pay with any supported token. Want to use an app but only have USDC? Pay directly with USDC. The system automatically handles conversions behind the scenes.

Apps can even sponsor fees for users, creating "gasless" experiences where new users can try blockchain apps without owning any crypto at all.

Flexible Blockchain Design

Unlike rigid blockchains, NERO Chain is built with upgradeable components. This means the network can improve and adapt quickly without breaking existing apps or requiring complex migrations.

Smart Contract Wallets

User accounts work like smart contracts, enabling features impossible with traditional wallets:

● Social login: Sign in with email or social media

● Easy recovery: Restore access if you lose passwords

● Bundled actions: Do multiple things in one transaction

● Spending limits: Set automatic controls for safety

Developer Revenue Sharing

Instead of all fees going to network validators, NERO Chain automatically shares transaction fees with the apps that generate activity. The more people use your app, the more revenue you earn directly from the blockchain.

Cross-Chain Access

Through partnerships, NERO Chain connects to 130+ other blockchains, letting users move assets and data seamlessly across networks.

You can explore the platform at nerochain.io and access developer tools through their documentation.

NERO Chain Token (NERO) and Economics

NERO powers the NERO Chain ecosystem as the native token for fees, governance, and rewards.

Token Basics

● Name: NERO Token

● Symbol: NERO

● Total Supply: 1,000,000,000 NERO (1 billion fixed maximum)

● Networks: Native on NERO Chain + BEP-20 on BNB Smart Chain

How NERO Works

Deflationary Design: Small amounts of NERO are permanently removed ("burned") with each transaction, gradually reducing total supply and potentially increasing scarcity over time.

Flexible Fee Payments: While you can pay fees with any token through Paymaster, NERO remains the core currency that powers the network's economic incentives and governance.

Token Uses

● Gas Payments: Pay transaction fees (though you can use other tokens too)

● Staking: Earn rewards by helping secure the network

● Governance: Vote on network changes and improvements

● App Revenue: Developers earn NERO from transaction fees their apps generate

● DeFi Activities: Use in lending, borrowing, and liquidity pools

How to Earn NERO

● Stake tokens: Help run network infrastructure and earn rewards

● Build apps: Earn automatic revenue sharing from user activity

● Participate: Join airdrops, campaigns, and community programs

● Validate: Run network nodes for infrastructure rewards

Why NERO Chain?

Most blockchains create friction by forcing users to buy specific tokens just to pay fees. NERO Chain removes this barrier while solving other critical problems:

Solves the Gas Problem: Pay fees with any token you own - USDT, USDC, or project tokens. No more buying specific coins just to use apps.

Rewards App Builders: Developers earn ongoing revenue from their apps' transaction fees, creating sustainable business models instead of relying only on speculation or grants.

User-Friendly Experience: Social login, gasless transactions, and familiar interfaces make blockchain feel like normal apps.

Enterprise Backing: Support from Japanese telecom giant NTT Digital and major financial institutions demonstrates real-world adoption potential.

Global Connectivity: Direct access to 130+ blockchains means users can easily move assets and access liquidity across the entire crypto ecosystem.

Proven Leadership: Founded by successful blockchain CEO with deep trading and technology expertise.

NERO Chain transforms blockchain from a technical challenge into an accessible platform that works the way users expect technology to work.

NERO Goes Live on Bitget

We are thrilled to announce that NERO Chain (NERO) will be listed in the Innovation and Public Chain Zone. Check out the details below:

Trading Available: 28 July 2025, 7:00 (UTC)

Trade NERO/USDT on Bitget!

Contract Address (BEP20): 0x624b9b1ac0fb350aed8389a51b26e36147e158c3

Community Links: Website | Twitter | Telegram

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

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