Today, let’s talk about a coin that I personally have high hopes for: $INIT
(INIT) is a Layer-1 blockchain built on Cosmos SRK, providing scalability and interoperability through interconnected rollups, and utilizing its INIT token for governance and transactions. Its debut on Binance Launchpool and features such as Enshrined Liquidity and Interwoven Stack showcase its immense potential for growth and developer adoption within the Cosmos ecosystem.
Innovative Technical Architecture: Adopting an 'interwoven' design, the L1 layer is based on CometBFT consensus and supports MoveVM smart contracts. The L2 layer's Minitia application chain can select from EVM, MoveVM, WasmVM, and other virtual machine environments, achieving cross-chain asset transfers through the IBC protocol. Its throughput exceeds 10,000 TPS with a block time of 500 milliseconds, addressing the fragmentation of traditional multi-chain ecosystems, achieving high performance and scalability. Innovative Economic Model: Through the VIP mechanism, 25% of tokens are allocated for rewards, establishing Balance Pool holding incentives and Weight Pool governance voting, encouraging long-term participation. Users staking $INIT or LP tokens can participate in governance and earn rewards, while the native DEX InitiaDEX and Minitswap enable seamless exchanges of L1/L2 assets. Strong Market Potential: $$INIT has a wide range of applications, covering governance, cross-chain transaction fees, liquidity incentives, and VIP programs, with rich application scenarios. It has secured $7.5 million in seed funding led by Delphi Digital and is also listed on Binance Launchpool, with over 3 million addresses participating in the testnet and completing 125 million transactions, indicating huge potential.
Following Dong Ge closely, with precise strategy analysis and significant investment in AI big data selection, can we position ourselves to be unbeatable? The market never lacks opportunities; the question is whether you can seize them. By following experienced and capable individuals, we can earn more!
Continuous attention: ALPACA BSW CETUS
