Introducing @initia on #Binance Launchpool!
This is one of the most exciting L1 debuts I’ve seen this year. Personally keeping a close eye on it, especially with the built-in multichain architecture and strong early backers.
$INIT, a Layer 1 blockchain built for a multichain world, combining native rollups, a unique economic framework (VIP), and a unified stack to support real applications from Day 1.
Mainnet goes live on April 24 with 7+ rollups launching simultaneously on Initia’s Interwoven Stack.
💰 Raised $25M across 3 rounds (15% supply):
• Pre-seed: YZi Labs.
• Seed: Delphi Ventures, Hack VC.
• Series A: Theory Ventures.
• Community Sale: Echo.
Why It Matters?:
• Economic Flywheel: VIP aligns rewards with real usage (not just liquidity incentives).
• Interwoven Stack: Spin up your own blockchain in minutes, with shared liquidity + IBC/LayerZero support.
• Application-Specific Chains: $28M+ raised by rollups, more than Initia itself, shows real demand.
• Unified UX: One ecosystem, one standard, no fragmentation.
Future outlook:
• More Rollups: Expect rapid expansion of the Initia-powered ecosystem.
• Massive Incentives: VIP could be a game-changer for app loyalty and retention.
• Plug & Play Dev Tools: Fast deployment with modular customization.
• Growing Community: From builders to gamers, DeFi users to NFT collectors.
All in all, Initia is shaping up to be a core multichain infrastructure layer with serious upside. Powerful tech, smart economics, and a user-first ethos. $INIT could be a major player as appchains and modular L1s go mainstream.
Farm $INIT by locking $BNB, $FDUSD, or $USDC at #Binance to receive the Airdrop.
More info👉