InitCoin is the native crypto token of this network, used for various purposes, such as:
Paying transaction fees
Earning rewards by staking the token
Participating in governance (i.e., voting on significant decisions of the network)
Providing liquidity (i.e., increasing the availability of crypto in the market)
Special features of Initia:
1. Interconnection between different blockchains — this network can connect with Ethereum, Cosmos, and other Chains.
2. Supports various Virtual Machines — such as EVM (Ethereum), MoveVM, and WasmVM.
3. Uses Optimistic Rollups for Scalability and Security.
Binance Launch and Airdrop:
Binance has included InitCoin in its Launchpool in April 2025, where people can stake tokens like BNB or USDT to earn INIT. Additionally, Initia has also held an Airdrop offering 50 million INIT tokens for free, especially for those who used its Testnet in 2024.
If you want, I can also tell you about the Airdrop or earning method related to it.
