Hey friends, this time the Launchpool will last for a full 6 days – so I wanted to give you the heads-up early. This will be the longest Launchpool we've participated in on Binance TR in terms of duration: INIT Launchpool.
On Binance TR Launchpool, we’ll be staking BNB to earn INIT.
We’re continuing our experiment to grow our BNB holdings using Launchpools. You can stake your BNB via either Flexible or Locked Earn (Staking) on Binance TR. Once staked, you’ll be automatically enrolled in the Launchpool.
Binance TR will list INIT on Thursday, April 24th at 14:00 (GMT+3, Turkish time).
The Initia project has a total supply of 1 billion INIT, with 148.75 million INIT tokens entering circulation at launch.
Initia's core philosophy is to reduce the decision-making burden on developers by offering clear and structured solutions around data availability, interoperability, and oracle infrastructure. Since it’s built as a modular Layer-1 on Cosmos, and integrates MoveVM, it aims to provide flexible and scalable tools for developers.
I always try to simplify technical explanations so even those unfamiliar with these concepts can understand. So here's a clearer way to put it:
Initia is like an “internet of blockchains” – a system where different blockchains can easily communicate with each other, and developers can build their own custom chains effortlessly.
Let’s say you’re a game developer. Your game includes its own assets – your own tokens, NFTs, etc. You want to create a dedicated blockchain for it, but starting from scratch is expensive and complex.
This is where Initia comes in. It helps you spin up your own game-specific chain and provides the infrastructure. Even better, it connects that chain with others – so, for example, players can bring tokens from other chains and use them in your game. That connectivity is a game-changer.
I’ll be closely watching this project. Wishing everyone profitable farming!