 | InitiaThe Initia L1 is an interoperable network that employs MoveVM, the first integration of the Move Smart Contracting Language natively compatible with Cosmos’ Inter-Blockchain Communication (IBC) protocol. Binance Labs has invested in Initia. Details Seed Round: $7.5 Million Initia’s Incentivized Public Testnet IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Initia
Initia is a network that combines Layer 1 (L1) technology with application-specific Layer 2 (L2) infrastructure, aiming to create scalable and interconnected blockchains. By fusing L1 with L2, Initia simplifies the process for developers to launch application-specific blockchains as L2s, offering features such as native stablecoins, multi-chain bridging, and more. Initia's architecture abstracts complexities from traditional modular and multi-chain systems, making it easier for developers to create scalable and sovereign blockchain systems.
DetailsRaised: 7,500,000 USDLegalRegistration year: 2022 |
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