Initia (INIT)

IEO

Last updated: Apr 17, 2025

Ongoing IEO

Token sale: Apr 18, 2025 – Apr 23, 2025

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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Overview

Project industry	Blockchain Infrastructure / Oracle
Project ecosystem	Cosmos Ecosystem
Project launchpad	Binance Launchpad
Product type	Technology
Whitepaper	Open

Airdrop

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

Details

IEO (Binance Launchpool): Apr 18, 2025 - Apr 23, 2025
Token supply: 1,000,000,000 INIT
Total tokens for sale: 30,000,000 INIT
Raised: 25,000,000 USD

Legal

Country limitations: 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
Registration year: 2022