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Initia (INIT)

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IEO

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

Initia White Paper Whitepaper

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High
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User Rating
Medium
3/5 1 votes
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Ticker
INIT
Type
Utility-token
Registration year2022
Launchpads
Ecosystems

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

Start date: Apr 18, 2025
End date: Apr 23, 2025

Token Allocation

Total Token Supply 1,000,000,000 INIT
Total Tokens for Sale 30,000,000 INIT

Funding Details

Funds Raised (as of now) 25,000,000 USD

Restrictions

Residents of the following countries are prohibited from participating
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

Project team

Stan Liu
Stan Liu
Co-Founder
Stan Liu linkedin-team
Zon
Zon
Co-Founder
Zon x-team

Social media

MVP

Industries

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