🚀 Initia (INIT) – Modular Blockchain combining Layer 1 + Layer 2 officially on Binance Launchpool!

Initia is a pioneering project in the Modular Blockchain trend, built on the Cosmos ecosystem, allowing the deployment of child blockchains (Minitia) with high customization and seamless connectivity through IBC.

🌐 Overview of Initia

🔹 Layer 1 (Initia): The main blockchain using MoveVM, which plays the role of coordinating, securing, and connecting the Minitia.

🔹 Layer 2 (Minitia): Independent App-chains using Optimistic Rollups, dedicated to each application.

🔸 Minitia can:

Run their own virtual machine (MoveVM, EVM, WasmVM),

Customize fees, tokens, governance structure,

Communicate with each other via Omnitia protocol and IBC.

⚙️ Key Features:

✅ High performance:

10,000 TPS for each Minitia

Block creation time ~500ms

✅ Unique Multi-VM Structure:

Simultaneous support for multiple types of virtual machines → flexible for all types of dApp

✅ Shared Security:

Common security mechanism ensures safety & cost savings for hundreds of Minitia

✅ Outstanding scalability:

Aiming for a model of thousands of App-chains being “plugged” into Initia

✅ User-friendly experience:

Integration of domain names (.init), social graph, on-chain wallet management

"Web2-like UX" model makes onboarding easier

💰 Funding & Partners:

Raised: 7.5 million USD

Investors: Binance Labs, Delphi Ventures, Hack VC, Figment Capital...

🔥 INIT officially on Binance Launchpool!

Binance has just announced Initia as the 68th project on Launchpool. Users can stake BNB, FDUSD, or USDC to receive free INIT from April 18 to April 24, 2025.

Total supply of INIT: 1,000,000,000 tokens

Launchpool rewards: 30,000,000 INIT (3% of total supply)