📡Binance announces the 68th project on Launchpool - Initia (INIT) $BNB
- Initia is a Layer 1 blockchain designed for a multi-chain future, combining native rollup technology, a novel economic model, and a complete integrated product suite. This is not just a blockchain platform — it is an ecosystem where applications, users, and developers are truly empowered.
👑Guide to participate in Launchpool $INIT on Binance
Step 1️⃣: Buy BNB or FDUSD on Binance exchange
Step 2️⃣: Hold BNB and FDUSD in the spot wallet. Go to Binance Launchpad
=> Select Binance Launchpool and stake $BNB and $FDUSD during the event to receive $INIT
0️⃣Launchpool $INIT information:
- Launchpool rewards: 30,000,000 INIT (3% of total token supply)
- Initial circulating supply upon listing on Binance: 148,750,000 INIT (~14.88% of total token supply)
- Staking terms: KYC required
- Farming time: 2025-04-18 00:00 (UTC)
✔️ Binance will open trading for the INIT/USDT pair from 2025-04-24 11:00 (UTC).
🏷Some outstanding features and characteristics:
🛫 Initia allows the deployment of custom blockchains in minutes through the Interwoven Stack
🪙Successfully raised 25 million USD through 3 rounds (Pre-seed from YZi Labs, Seed from Delphi Ventures and Hack VC, Series A from Theory Ventures) with only 15% of total token supply.
🪙The ecosystem of application-specific blockchains on Initia has self-raised over 28 million USD – surpassing Initia itself!
📈Mainnet launches on 24/4/2025, while deploying over 7 rollups and applications including:
✔️Rave (trading),
✔️Inertia (DeFi),
✔️Minity (analytics),
✔️Zaar (gaming/NFT),
✔️Civitia, MilkyWay, Echelon, Intergaze, etc.
