InitVerse has made significant progress in its ecosystem growth, marked by several key developments:
- *Expanded Ecosystem*: InitVerse expanded its ecosystem and enhanced its appeal through brand upgrades and ecosystem optimization in 2024's second quarter.
- *SaaS Platform Launch*: The InitVerse SaaS Platform was launched, enabling global connections and optimizing product performance, which paved the way for rapid technological and ecosystem growth.
- *Testnet Launch*: The first testnet was opened to developers worldwide, attracting talented individuals who contributed to the ecosystem's innovation.
- *User Growth*: The platform surpassed 100,000 active users and achieved over 5 million on-chain transactions in 2024's third quarter, demonstrating its scalability and stability.
- *Strategic Partnerships*: InitVerse formed strategic partnerships, including a notable collaboration with Xone Chain, announced on March 14, 2025, to enhance interoperability, developer incentives, and user engagement.
- *NFT Initiatives*: InitVerse launched Eterna Forge: Cosmic NFT Genesis, a pioneering NFT project that blends digital artistry with blockchain utility, showcasing its versatility and leadership in Web3.
- *Incubation Program*: InitVerse committed $100 million to launch the Prometheus Program, a Web3 incubation program focused on solving real-world needs, further solidifying its commitment to innovation and growth.
- *Privacy-First Approach*: InitVerse is building a sustainable, long-term foundation for the decentralized internet, prioritizing privacy and security through its INIChain public chain and TfhEVM technology