![]() | Initia (INIT) |
Initia is a Layer 1 blockchain network that utilizes the Cosmos SDK to enhance scalability and interoperability within the blockchain ecosystem. It aims to simplify the development and deployment of application-specific blockchains, known as app chains, by providing a robust infrastructure that integrates both Layer 1 and Layer 2 solutions.
Binance Labs has invested in Initia. Details
Seed Round: $7.5M
Initia’s Incentivized Public Testnet
Series A Round: $14M
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What is Initia
Initia’s architecture is composed of three main components:
- Initia L1: The Initia L1 is the base layer and central liquidity hub for all Interwoven rollups
- Interwoven Rollups: An ecosystem of blockchain rollups built atop Initia L1
- Interwoven Stack: Initia’s framework for easily and painlessly building rollups and applications
Initia L1 is a Layer 1 blockchain designed to serve as the coordination layer and central hub for all Initia rollups. This layer provides essential services to Rollups, including:
- Network Security
- Governance
- Liquidity Solutions
- Bridging and Interoperability
Interwoven Rollups are an ecosystem of Layer 2 blockchains built atop Initia L1, offering a scalable, customizable, and secure infrastructure for any application. Developers have the flexibility to deploy and customize their own rollup, tailoring various aspects such as:
- Smart Contract Virtual Machine
- Gas Tokens
- Other Customizable Features
Token Sale Dates
IEO
Token Allocation
Funding Details
Restrictions
Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine
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