COP_APT

1. What is the Project?
Initia (INIT) is an advanced blockchain infrastructure project that combines a Layer 1 blockchain (Initia) with Layer 2 blockchains (Minitia).
The project's goal is to build a highly scalable blockchain ecosystem with fast transaction speeds, low costs, and optimal security. Initia employs a dual-layer architecture to unify application chains, reduce fragmentation in the blockchain ecosystem, and provide developer- and user-friendly tools.

The project is designed to integrate with the Inter-Blockchain Communication (IBC) protocol of Cosmos, enabling seamless connectivity between Initia and other blockchains. Backed by Binance Labs and other prominent investors, Initia is gaining significant attention in the global blockchain community.
2. Key Highlights
Initia boasts several unique and standout features:
Dual-layer architecture:Layer 1 (Initia) provides the core infrastructure, security, and shared liquidity for the ecosystem.Layer 2 (Minitia) optimizes transaction speed and throughput, tailored for decentralized applications (dApps).Multi-VM Support: Minitia supports multiple virtual machines, including MoveVM, WasmVM, and EVM, offering developers flexibility in building applications on the platform.OPinit Stack: A development toolkit that enables the creation of customized Layer 2 blockchains on Initia. The OPinit Stack integrates Cosmos SDK with Optimistic Rollup solutions, delivering superior scalability.InitiaDEX: A decentralized exchange (DEX) built on Layer 1, allowing users to provide liquidity with flexible ratios. Users can earn block rewards if the proportion of INIT tokens in their liquidity pool exceeds 50%.IBC Integration: Initia leverages the IBC protocol to connect with other blockchains in the Cosmos ecosystem, enhancing interoperability and scalability.
3. Project Team
Ezaan Mangalji | Co-Founder

Ezaan Mangalji holds a Master’s degree in Computer Science from the University of Pennsylvania, where he later also served as a lecturer. He brings several years of experience as a Software Engineer.

4. Products
Initia offers a diverse ecosystem of products catering to both developers and users:
Initia Layer 1: The core blockchain infrastructure, ensuring security, liquidity, and connectivity with Layer 2 solutions.Minitia (Layer 2): Customizable Layer 2 blockchains optimized for specific applications, supporting multiple virtual machines.OPinit Stack: A development toolkit integrating Cosmos SDK and Optimistic Rollup for building Layer 2 solutions.InitiaDEX: A DEX on Layer 1, supporting trading and liquidity provision with attractive reward mechanisms.Initia App: A web application allowing users to interact with the ecosystem (staking, voting, and liquidity management).Initia Wallet: The official wallet for storing, managing assets, and connecting to Initia’s features.Initia Usernames: A blockchain-based username system to simplify the use of complex wallet addresses.
5. Fundraising
Initia Raised a Total of $24M Across 4 Funding Rounds
Initia has successfully raised a total of $24 million through four funding rounds — a moderate figure among blockchain infrastructure projects. What stands out is the participation of two leading venture funds: Binance Labs and Delphi Ventures.
Breakdown of Funding Rounds:
🔹 October 12, 2023 — Pre-Seed Round:

Received a $1 million investment from Binance Labs.
🔹 February 27, 2024 — Seed Round:

Raised $7.5 million, co-led by Delphi Ventures and Hack VC. Other participants included Nascent, Big Brain Holding, Figment Capital, and angel investors such as Nick White (Celestia), crypto influencers DCF GOD and Cobie.
🔹 September 25, 2024 — Series A:

Raised $14 million at a $350 million valuation, led by Theory VC, with continued support from Delphi Ventures, Hack VC, and notable angel investors.
🔹 September 28, 2024 — Community Round:

Through The Economist’s community round, raised $2.5 million from 812 participants.

The diverse investor base and backing from top-tier funds highlight the strong belief in Initia's vision and potential in the modular blockchain ecosystem.
6. Ecosystem

7. Backers
The Initia project is supported by leading investment organizations, with the most notable being:
Binance Labs: The largest blockchain investment fund globally, part of the Binance ecosystem, known for supporting innovative technology projects.
Details about other backers have not been fully disclosed in the referenced materials, but Binance Labs’ involvement is a significant endorsement of Initia’s credibility and potential.
8. Binance Launchpool
Initia (INIT) is the 68th project to be listed on Binance Launchpool. Users can stake BNB and FDUSD to farm INIT tokens over a specified period. This event not only facilitates token distribution to the community but also boosts Initia’s brand recognition and market liquidity.
INIT Launchpool Details:
Token Name: Initia (INIT) Total Token Supply: 1,000,000,000 INIT Max Token Supply: 1,000,000,000 INIT Launchpool Token Rewards: 30,000,000 INIT (3% of total token supply)An additional 10,000,000 INIT will be allocated to the other marketing campaigns (in batches) after spot listing. Details will be shown in a separate announcement. An additional 20,000,000 INIT will be allocated to the other marketing campaigns (in batches) 6 months after spot listing. Details will be shown in a separate announcement. Initial Circulating Supply When Listed on Binance: 148,750,000 INIT (~14.88% of total token supply)
Smart Contract/ Network Details: Initia Main Explorer (will be available at public launch)Read about Initia (INIT) in our research report here
Hourly Hard Cap per User: 17,708.33 INIT in BNB pool1,041.66 INIT in FDUSD pool2,088.33 INIT in USDC pool
Supported Pools: 
Lock BNB : 25,500,000 INIT in rewards (85%) Lock FDUSD : 1,500,000 INIT in rewards (5%)Lock USDC : 3,000,000 INIT in rewards (10%)Farming Period: 2025-04-18 00:00 (UTC) to 2025-04-23 23:59 (UTC)

9. Roadmap
A detailed roadmap for Initia has not been fully published on the official website or referenced materials. However, based on the project’s current progress, key milestones can be anticipated:
Testnet Phase: Initia has successfully deployed its testnet, allowing the community to test and provide feedback.Mainnet Launch: Expected in the near future, following the completion of core features.Ecosystem Expansion: Development of additional Layer 2 solutions (Minitia), integration of new applications, and strengthening of partnerships.
The Initia team is expected to release an official roadmap after achieving significant upcoming milestones.
Conclusion
Initia (INIT) is a highly promising blockchain project with a unique dual-layer architecture, strong backing from Binance Labs, and a vision to reduce ecosystem fragmentation.
While some details (e.g., team, tokenomics, roadmap) remain undisclosed, Initia has already demonstrated its appeal through successful fundraising and its Binance Launchpool listing. This is a project worth keeping an eye on in the coming months.
#BinanceLaunchpoolINIT #wendy $BNB

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Today I helped a younger brother of mine to welcome his girlfriend from China. My brother is currently in Japan and has not yet obtained a US visa. The girl came to the US this time saying that she was visiting her aunt.
They just confirmed their relationship, and my brother boasted to the girl in advance:
I have a good brother in the United States, he will receive you when you go there.
As a brother, I can't let you down.
I also did some homework beforehand and did a background check. The girl was born in 1995, graduated from Beijing Film Academy, and had performed in some unknown dramas in China.
In the afternoon, for my brother's sake, I drove my Rolls-Royce, which was covered in three layers of dust, to the downstairs of the hotel where the girl was staying at the agreed time and sent her a text message:

This article mainly summarizes the various materials of the Xai project that I shared in the square for your convenience.
【Xai project core must-read information】
XAI推出Proof of Skill协议：开创游戏奖励新未来
XAI联合Steam：Xai Play 和 Proof-of-Skill 将超过 40,000 款 Steam 游戏接入 Xai 区块链
理解Xai质押生态赚XAI代币
理解 Xai质押机制和生态发展
深入分析XAI项目的核心逻辑
Xai项目“代币经济”解读

Information on Vanguard: Genesis activation:

Xai ($XAI) – An Arbitrum-powered Ethereum layer-3 scaling network focused on video games–was developed to enable real economies and open trade in the next generation of games. With Xai, billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets.
On Monday June 10th, 2024, Xai launched the Vanguard: Genesis activation on GALXE Quest, featuring months of game launches and quests across the Xai gaming ecosystem. Announced games include Crypto Unicorns, Final Form, and The Lost Glitches, as well as several unannounced games Xai has yet to reveal. 
The event follows the previous Xai Odyssey campaign last year, which drew more than 500,000 connected wallets, generated 5 million daily peak transactions and $175M worth of distributed rewards to players across the top spots on the leaderboard. 
Xai is also incentivizing developers to deploy games and dApps to the platform through “Builder Quests” utilizing the recently unveiled Xai Builder developer console. In addition to games already scheduled to launch on Xai, many new deployments are expected taking advantage of these Builder quests. 
By the end of Xai Vanguard: Genesis, the Xai gaming ecosystem is expected to have grown significantly with hundreds of thousands of new users, dozens of new deployments, and an even more vibrant community who have achieved rewards and status as Xai Vanguard. 

Step 1 to get involved:
Participate in the @XAI_GAMES article contest to discuss the future of $XAIPost content on the square using the hashtag #XaiVanguardGenesis for a chance to share the rewards. We're looking forward to hearing from you about your insights and insights into the future of the $XAI ecosystem.
Your post must cover the token tag $XAI and the hashtag #XaiVanguardGenesis

What can players expect to get out of participating in Xai Vanguard: Genesis?How is this activation likely to shape the future of Xai?How is this mission activity different from other mission activities currently in the industry? 

Step 2:
Share this Square post of yours on your social media (X) and @Xai_Games, using the hashtag #XaiVanguardGenesis and encourage your social media followers to comment/like/share the post
Event Rules:

After the event, we will select 50 high-quality posts under this topic, and all eligible posts must have at least 20 interactions (likes, shares, or comments) and at least 200 characters. And according to the number of views, 15,000 XAI will be shared, and each winner will receive 150 ~ 600 XAI:
over 4,000 views, 150 XAI will be rewarded, to 25 winners. over 8,000 views, 350 XAI will be rewarded, to 15 winners. over 15,000 views, 600 XAI will be rewarded to 10 winners

All content must be released by June 20 10am PDT to be eligible for rewards.
Only content related to the project essay requirements will be selected, and other non-related content will not be eligible for reward.
Terms & Conditions
This promotion may not be available in your region.Only content with #XaiVanguardGenesis posts and articles) that received at least 20 interactions (i.e., the total number of emojis, comments, or shares) during the campaign period are eligible for qualifying content.Any abuse of hashtags and posting of irrelevant content will result in exclusion from the event.Only original new content is eligible. Previously submitted entries are not eligible.You can post multiple different high quality content to increase your probability of winning.We will release the rewards to your account within 20 working days, and Users may check their rewards via "Funding" > "Balances".All eligible users will be notified via a push notification under Creator Center > Square Assistant.Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelines or Terms and Conditions.Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.

Join the #TopCoinsJune2024 campaign for a chance to win up to 500 FDUSD! 🚀Showcase your selection of top 5 tokens on Binance as of June 2024. Share their project details, price trends, and predictions.
Campaign Period: 2024-06-07 00:00 to 2024-06-12 23:59 (UTC)
To Participate: 
Post a list of your top 5 Binance tokens in June using the #TopCoinsJune2024 hashtag on Binance Square. 
Include:
Information about each projectRecent price movementsFuture price predictions
Make sure your post has a minimum length of 600 words.

Guidelines:
Make certain your shared content is original and filled with insightful information. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Five posts generating the most interaction will each be rewarded with 100 FDUSD.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules. Only content no shorter than 600 words will qualify for the rewards.Posts that attempt to boost engagement by exploiting Red Packets and giveaways will be disqualified.Should a creator be declared a winner and be rewarded in any campaign, but subsequent findings reveal a violation of the campaign's rules on their part, their eligibility for future rewards will be suspended. The suspension period will commence from the end date of the campaign where the violation occurred and will last for 30 days.The content needs to be posted in Binance Square organically to qualify for the reward.In order to be eligible for a reward, your account must be completely configured, which includes a properly set up username and a profile picture. Winners of the week will be notified within 14 days via a push notification under Creator Center > Square Assistant. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 30 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.