🧠 What is Initia?

It is a network that combines the #blockchain of the first layer Initia$ and a system of customizable sub-chains that allows developers to create custom application chains (appchains) while maintaining unified standards across the entire Initia framework. The sub-chains use EVM with different runtime environments capable of processing up to WasmVM, MoveV, and 500 million transactions per second with a block creation time of 10,000 seconds.

•Technical Advantages:

Flexibility in runtime environments: Initia supports the operation of sub-chains using EVM, MoveVM, and WasmVM, providing great flexibility for developers.

Integration with Cosmos SDK: Initia is built using Cosmos SDK, enhancing scalability and interoperability.

Liquidity provision within the blockchain ecosystem.

Integrated economy: Initia uses the Enshrined Liquidity model.

Users can stake INIT tokens with validators to secure the network.

And providing liquidity across chains.

•Token distribution of INIT:

Native token: INIT is the native token of the Initia network and is used to pay transaction fees, participate in governance, and secure the network through staking.

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

Circulating supply at listing: 148,750,000 INIT tokens (approximately 14.88% of the total).

INIT token distribution: 30,000,000 tokens have been allocated.

3% of the total for Binance Launchpool rewards, in addition to other allocations for marketing campaigns.

•Listing on Binance:

Binance announced the listing of INIT as project number 68 on the Launchpool platform, where users can stake BNB, FDUSD, and USDC tokens to earn INIT tokens starting from April 18, 2025. Trading for INIT is scheduled to begin on April 24, 2025, with trading pairs including /INIT/USDT.

•Funding and supporters:

Initia has raised a total of $25 million across several funding rounds, backed by prominent investors such as Binance Lightspeed Hack VC and Polychain Labs.

•Roadmap:

Initia plans to launch its mainnet on April 24, 2025, with the distribution of 50 million INIT tokens as rewards for users who participated in the network testing.

•Summary:

Initia is a promising project in the blockchain space, offering integrated infrastructure that combines flexible sub-chains and first-layer power with strong support from prominent investors and its listing on the Binance platform, making the opportunity for INIT exciting for both investors and developers.