Initia — a network using MoveVM — the first implementation of the Move smart contract language compatible with the Inter-Blockchain Communication (IBC) protocol from Cosmos. Its architecture also allows L2 networks to work with EVM, WasmVM, or MoveVM, providing seamless interaction and messaging between different environments.

In May 2024, the Incrypted team published and regularly updated material about a potential airdrop from Initia. Subsequently, the project team officially confirmed the distribution, announcing plans to distribute 50 million tokens among eligible users. Even those who did not participate in the project's early activities have a chance to receive some tokens through Binance Launchpool.

Initia — we are participating in the testnet with an eye on the drop.