▶️initia recent activities and updates:

1⃣

March dynamics: initia published a series of posts in early March, including an ecosystem map (March 6), showing the progress of its "interwoven" ecology, and invited users to participate in "assemble" on http://initia.xyz. In addition, they also mentioned "Command + R" (March 4), which may hint at new features or development progress.

Kamigotchi weekend activities: initia posted that "weekends are time to play Kamigotchi" and attached a link, indicating that interactive games or features within its ecosystem are still the focus.

Wallet migration notice: On March 8, initia announced that the Initia Wallet Extension will stop supporting users. Users need to migrate to the new wallet before 3:00 AM UTC on March 18, otherwise they will not be able to access the old test network data. This is the most important user action call in the near future.

Wallet migration: https://migration.initia.xyz

2⃣

Testnet and ecological development:

Initia is currently in the testnet stage (the second round of testnet is in progress). The first round of testnet has ended, focusing on Jennie (virtual pet) level experience points, and the snapshot time for the second round has not yet been announced. Users are advised to participate in activities such as exchange, liquidity provision, staking, governance, and VIP voting to stay active and possibly receive future rewards.

The testnet of the ecological project Zaar (a sub-project of initia) has just started, and users can participate by claiming test tokens (20 at a time) and completing tasks.

3⃣

Technology and financing background:

Initia is a modular Layer 1 blockchain that is committed to solving the fragmentation problem of application chains through "interwoven rollups". It has received significant financing, including a $14 million Series A in September 2024 (valued at $350 million) and a $2.5 million Echo platform financing, for a total of over $24 million.

The project was founded by former Terra and Cosmos developers with the goal of creating a simplified multi-chain ecosystem, similar to "iOS for Web3".

4⃣

User participation suggestions:

If you have participated in the first round of testnets before (freezing Jennie or staking), it is recommended to continue to complete the second round of tasks. Even if you missed the first round, you still have the opportunity to accumulate activity through daily VIP voting and other methods.

Testnet entrance: https://app.testnet.initia.xyz.