The definitive fusion of Rollup and Chain Modules, the biggest variable on the eve of the Cosmos explosion.
Recently, Launchpool launched a new project: #Initia . At first glance, it seems just a project of the Cosmos ecosystem, but in reality, it is a major integration of Cosmos + Rollup + Chain Modules + L2 Operating System.
Summary of the main proposal in one sentence:
Initia allows you to deploy a chain as easily as deploying a website, and these chains can automatically communicate with each other.
Do not think anymore that Chain Module = Celestia. Initia is a Cosmos operating system with Rollup SDK, covering everything from infrastructure to economic system.
What is Initia?
A main L1 chain that ensures all security and consensus.
N secondary L2 chains (called initium), each capable of running Dapps independently.
Native communication protocol + AA Wallet + CosmWasm & EVM with two virtual machines.
Rollup SDK + Automatic Governance + Template Economic Models
You can understand it as:
Initia = Cosmos + OP Stack + Arbitrum Orbit + Celestia = a 'superhub of blockchain' that combines all the hot technologies.
Investment perspective: Why does this project deserve attention?
A representative project of the second half of Chain Modules, moving away from the data availability narrative of Celestia, Initia comes closer to 'Application Chain as a Service'.
First Launchpool project of Cosmos, which also integrates Rollup SDK + main chain, with great narrative space.
Focus on interoperability between chains + atomic transactions, with the potential to be a great success.
Very popular testnet, with a solid community.
$INIT Token distribution & Launchpool information:
Total supply: 1 billion units.
Launchpool: 30,000,000 $INIT (3% of the total)
Staking support: BNB & FDUSD
Unlocking model: Low initial circulation, most belongs to the community