INIT is a cryptocurrency token native to the Initia Network, a decentralized platform that streamlines blockchain application creation by integrating Layer 1 and Layer 2 technologies. Here's what we know about INIT:

INIT Token Details

- *Token Supply*: 1 billion tokens

- *Token Distribution*:

- *Investors*: 15%

- *Community Round*: 30%

- *VIP & Enshrined Liquidity*: 50%

- *Airdrop*: 5%

- *Token Utility*: INIT tokens power the Initia ecosystem, covering transaction fees, staking, and governance mechanisms

INIT Potential

- *Market Potential*: INIT's market potential is promising, with predictions suggesting a price range of $0.30-$0.40 at Token Generation Event (TGE)

- *Scalability and Performance*: Initia's architecture amplifies scalability, bolsters security measures, and enhances operational efficiency

- *Developer-Centric Features*: Initia supports low-code development environments, making blockchain technology approachable for new developers

- *Privacy and Security*: Initia employs Fast Fully Homomorphic Encryption (TFHE) with Ethereum Virtual Machine (EVM) compatibility for secure transactions and data processing

INIT Ecosystem

- *Initia Network*: A decentralized network for streamlined blockchain application creation

- *Interwoven Rollups and OPinit Stack*: Tools for developers to enhance user experiences and security

- *Airdrop*: 50 million INIT tokens distributed to early adopters and testnet participants ¹ ²