INITIA AND THE INIT TOKEN
Initia is a first-level blockchain based on the Cosmos SDK.
It connects independent appchains in an "interconnected" network, aligning economic incentives across chains and facilitating seamless asset transfers between chains.
The Initia Foundation manages ecosystem grants, protocol upgrades, and community growth. A decentralized governance council, composed of core developers, ecosystem partners, and delegated community representatives, oversees long-term strategy and parameter adjustments.
Total supply: 1 billion INIT
The distribution of Initia is designed to balance network security, incentives for early users, and long-term ecosystem growth.
This allocation rewards token holders who secure the network, incentivizes early supporters, funds protocol development, and underwrites strategic launch activities.