๐ What is Initia (INIT)?
๎Initia is a next-generation Layer-1 blockchain designed to unify application-specific blockchains (appchains) through an interwoven network. It leverages the flexibility of the Cosmos SDK and the scalability of optimistic rollups, aiming to offer a modular and scalable infrastructure for decentralized applications
๐งฑ Key Features
Modular Architecture ๎Initia combines Layer-1 and Layer-2 solutions, providing a flexible environment for developers to build and deploy appchains efficientl.๎๎
High Performance ๎Utilizing optimistic rollups, Initia achieves up to 10,000 transactions per second (TPS) with 500ms block times, ensuring fast and scalable transaction.
Interoperability ๎By integrating with the Cosmos ecosystem, Initia facilitates seamless communication between different blockchains, enhancing the overall user experience.
๐ฐ Tokenomics
*Token Symbol:๎IIT๎๎
*Total Supply: ๎1,000,000,000 IIT๎๎
*Circulating Supply at Launch: ๎Approximately 148.75 million INIT (14.875% of total suppy)
*Launchpool Allocation: ๎30 million INIT (3% of total suppy)๎ ๎cite๎turn0search9๎๎
*Airdrop Allocation: ๎50 million INIT (5% of total supply), with 44.7 million tokens allocated to testnet participats
*Fundraising: ๎Raised $25 million with a valuation of $250 millon๎ ๎cite๎turn0search6๎๎
๐ Market Performance
*Pre-Market Trading: ๎On KuCoin, INIT's last traded price was $0.78, with a floor price of $0.779 and an average price of $0.62
*Estimated Launch Price: ๎Analysts anticipate an initial trading range between $0.50 โ $0.70, considering market conditions and deand
Binance Listing Dat: ๎April 24, 2025, at 11:00 UTC, with trading pairs including INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD, and INI/TRY
๐ง Strategic Insights
Innovative Infrastructue: ๎Initia's combination of Layer-1 and Layer-2 solutions positions it as a versatile platform for developers, potentially attracting a wide range of decentralized applicaions.๎๎
