If we assume the Ethereum ecosystem as 1 and the Move ecosystem as 0, then Initia represents the Quantum superposition, where both 0 and 1 are indistinguishable, exist simultaneously, share the same purpose, and are fully capable of interacting with their respective ecosystems. So what is Initia ?
Initia like a Celestial that built from 3 parts:
- Body: Initia Infrastructure
- Mind: Initia Economics
- Weapon: Initia Project.
Context:
The emergence of blockchain ecosystems beyond Ethereum, which separated from Bitcoin, demonstrates the growing demand for decentralized technology applications in various aspects of life.
Over the past few years, more than 1000 blockchain projects have been launched.
Among the many ecosystems, the two most dynamic and extensive are MOVE and EVM. Their sheer number implicitly makes us perceive them as distinct entities, and fragment.
However, a huge Initia Celestial has overturned this fact.
I. Initia Celestial Body:
- The brain: Initia Layer 1
- The skeleton: Interwoven Stack
- The muscle: Interwoven Rollups.
1. The Initia L1 brain allows the Initia Celestial to perform management tasks:
- Network Security
- Governance
- Liquidity Solutions
- Bridging and Interoperability
2. Interwoven Stack Bond specifies the muscle blocks built on a single structure:
- Smart Contract Virtual Machine
- Gas Tokens
- Other Customizable Features
3. Interwoven Rollups are the outermost muscle of the Initia body. They are powerful but also extremely resilient, and flexible.
- MiniEVM
- MiniMove
- MiniWasm
Developers have the freedom to select various VM types for building numerous projects based on their preferences and requirements. However, Initia Celestial offers a seamless build experience for developers. The core Interwoven Stack Bond seamlessly integrates all the tools and features that appchain developers typically require.
II. Initia Mind: Economics
💥 Initia VIP leverages the native INIT token to align the economic interests of users, developers, and Layer 2 solutions (L2s) within the Initia ecosystem, addressing the principal-agent problem.
💥 It distributes rewards to L2s based on two parameters: the amount of INIT bridged to each rollup relative to the total bridged across all interwoven rollups, and a governance-defined weight for each rollup.
💥 These rewards are then directly allocated to users based on rollup-specific key performance indicators (KPIs)—such as transaction volume, trading activity, or NFT minting—encouraging user engagement and ecosystem growth.
💥 Unlike traditional grant programs that often benefit teams subjectively, Initia VIP ensures rewards (in the form of esINIT) reach users directly, incentivizing L2s and developers to integrate INIT, amplify activity, and build sustainable revenue models while expanding the network of interwoven rollups.
III. Weapon: Initia Product.
💥 Blockchain doesn't need to be complicated. Initia redefines multichain ecosystems, creating a seamless and delightful experience. The Initia Product Suite is the common thread that binds the ecosystem, eliminating the mental overhead of learning new tools. Users can trade, play, and create without friction.
💥 Initia Core Apps offers a slick, cohesive experience for users across all rollups, with minimal overhead for developers. This cohesion sets Initia apart, offering an Apple-like UX in a fragmented multichain world.
💥 With Initia Scan, users can explore all Interwoven Rollups seamlessly. The Initia Bridge connects any corner of the ecosystem, with users benefiting from the same .init name everywhere.
💥 Initia provides powerful, drop-in components for developers, ensuring a consistent experience.
💥 As more Interwoven Rollups launch and the ecosystem grows, Initia will evolve, offering the slickest multi-chain experience the world has ever seen.
IV. Initia Tokenomics
V. Binance Launchpool and Listing.
Binance will then list INIT at 2025-04-24 11:00 (UTC) and open trading with INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INIT/TRY trading pairs. The Seed Tag will be applied to INIT.
