INIT Debuts on Binance Launchpool With Airdrop and Fee Discounts, Powering Cosmos Layer-1 Expansion
INIT was listed on Binance Launchpool with the INITUSDT trading pair. Launch promotions included trading fee discounts and an INIT token airdrop for early participants. Initia is a Layer-1 blockchain on Cosmos, supporting native rollups, multiple virtual machines, and cross-chain asset transfers through the IBC protocol. The network has over 3 million addresses and 125 million transactions on its testnet. Initia raised $7.5 million in a seed round led by Delphi Digital. INIT is used for governance, cross-chain fees, liquidity incentives, and VIP participation in the Initia ecosystem.