Binance has announced the 68th project on Launchpool: Initia (INIT), an L1 blockchain that combines Cosmos SDK and rollups to enable seamless appchain interoperability and coordinated economic alignment. Users can stake BNB, FDUSD, and USDC to receive INIT airdrops from April 18 to April 23, 2025. A total of 30 million INIT (3%) will be distributed via Launchpool, with 14.88% of the total supply circulating at listing. INIT will be listed on Binance at 11:00 UTC on April 24, 2025, with trading pairs INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY. Binance is the first platform to list INIT—any offers to sell the token before this date are likely scams.
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