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Binance Labs' massive investment project Initia is launching in spot trading; is it worth getting in? Read this article to understand.
As mentioned earlier:
Binance Launchpool's 68th project, the modular interoperability star Initia, is set to officially launch on April 24 at 19:00 (Hong Kong time). Many people are unfamiliar with this project; past reports have only touched on it briefly, mentioning that Binance has invested heavily, and the project team has a history from the original LUNA, which was involved in modular L1+L2, but there hasn't been a detailed introduction until now.
1. What is the INIT (Initia) project mainly about? What are its strengths?
In summary, Initia has created a modular blockchain operating system that allows developers to build chains as easily as stacking blocks, and enables users to transfer across chains as simply as sending a WeChat message. The goal is to eliminate blockchain "fragmentation" and "user-unfriendly operations."
Binance Launchpool's 68th project, the modular interoperability star Initia, is set to officially launch on April 24 at 19:00 (Hong Kong time). Many people are unfamiliar with this project; past reports have only touched on it briefly, mentioning that Binance has invested heavily, and the project team has a history from the original LUNA, which was involved in modular L1+L2, but there hasn't been a detailed introduction until now.
1. What is the INIT (Initia) project mainly about? What are its strengths?
In summary, Initia has created a modular blockchain operating system that allows developers to build chains as easily as stacking blocks, and enables users to transfer across chains as simply as sending a WeChat message. The goal is to eliminate blockchain "fragmentation" and "user-unfriendly operations."
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