💥What is the INIT token? Layer 1 in Cosmos Initia

🎊 Initia is a next-generation project focused on implementing a highly interactive modular cumulative system in Cosmos. Initia marks the first integration of the Move smart contract language compatible with Cosmos's IBC (Inter-Blockchain Communication) protocol.

⏰Initia promises to open a new space for developers to build Dapps and blockchain ecosystems in Cosmos. The project successfully raised $7.5 million.