INIT Token Debuts on Binance Launchpool – What You Need to Know
Crypto Market Update:
The crypto space is buzzing as Binance Launchpool introduces a new project: INIT. This token launch comes amidst growing interest in decentralized AI technologies, and INIT is at the center of it. Bitcoin (BTC) continues to trade steadily around $73,000, while the altcoin space remains bullish on new launches.
What is INIT?
INIT is the native token of Initia, a modular rollup infrastructure designed to support sovereign blockchain ecosystems. Its goal is to make on-chain app deployment more scalable, efficient, and interconnected.
Key Launchpool Details:
Farming Start Date: April 19, 2025
Farming Duration: 4 days
Total INIT Supply: 1 billion INIT
Tokens on Launchpool: 50 million INIT (5% of total supply)
Supported Pools: BNB and FDUSD staking options on Binance Launchpool
Users can farm INIT by staking BNB or FDUSD on Binance. Farming starts at 00:00 UTC, April 19, and continues for 4 days before INIT is listed.
Why It Matters:
Modular Blockchain Trend: INIT aims to compete with Celestia and other modular blockchain designs.
DeFi & AI Fusion: Initia brings AI capabilities into the modular chain world.
Launchpool Opportunity: Early participants often get discounted access to promising tokens.
Binance Feature Highlight: Binance Launchpool – Earn New Tokens Before Listing
Binance Launchpool lets users farm new tokens by simply staking supported coins. It's one of the safest ways to get exposure to new crypto assets:
Low Risk: No need to spend funds—just stake.
New Projects: Participate in early-stage opportunities.
Simple Interface: Just choose your pool and start farming.
Head to the Launchpool section in your Binance account and get ready to farm INIT starting April 19!