The 5th project of Binance Turkey Launchpool is Initia. By holding BNB, we will earn free $INIT coins this time.

$INIT is not listed yet, do not attempt to buy it from anywhere.

1. Open the Binance TR app.

2. If you do not have BNB coins, make a purchase.

3. Go to the Launchpool section, stake BNB!

If you have staked BNB in BinanceTR Staking; there is no need to worry. Staked BNB will automatically be counted in the launchpool.

The farming process has started and will last a total of 6 days. The earlier we enter and the more assets we put in, the more coins we will accumulate. $INIT will be listed on April 24 at 14:00 TR time. All coins will arrive in our wallet before the listing. It will have a TRY pair, and those who wish can sell at the moment of listing.

Initia is a modular Layer 1 and Layer 2 blockchain platform developed on the Cosmos ecosystem. Among its investors are giants such as Binance Labs, Delphi Ventures, and Big Brain Holdings. They managed to raise a total of 25 million$ funds in various investment rounds.

Thanks to Initia, developers will be able to launch projects in EVM, MoveVM, and WasmVM languages. Moreover, they can easily do this without security concerns thanks to Initia's ready-made modules. Also, since it is IBC compatible, as I mentioned earlier, seamless coin or data transfer can be done with other projects.

According to token information, the total supply will be 1 billion, and approximately 15% or 150 million of it will be in circulation at the time of listing. 50% of the total supply is allocated for airdrops, staking, and community incentives; 25% for developing projects and innovations within the ecosystem; 15% for the team and advisors; and 10% for unforeseen needs and future strategic initiatives.

During the testnet processes, we performed many transactions, used rollups and bridges; we carried out DeFi transactions, but the team did not give airdrops to users who fell below a certain limit. They managed to alienate a large portion of the community. We, the BNB holders, will earn our free money without hesitation.