Binance Learn & Earn Today Quiz Question & Answer Solve ๐๐๐
Binance Learn & Earn Quiz Answers: Initia ($INIT )
Q: What is Initia?
A: A Layer 1 blockchain designed for a multichain future.
Q: How are rewards distributed in the VIP program?
A: Based on an appchain's economic activity and community gauge voting.
Q: How does the VIP program support appchains?
A: By supporting user acquisition and early monetization via aligned incentives.
Q: How does the interwoven stack help developers?
A: By reducing complexity and providing integrated tools for building appchains.
Q: What common problem for blockchain apps does initia aim to solve?
A: Poor user activity due to complex infrastructure and misaligned incentives.
Q: What is the main goal of initia?
A: To provide a platform for appchains to achieve sustainable growth.
Q: What does initia aim to create with its interwoven architecture?
A: A connected "Multichain Garden of Eden"
Q: The interwoven stack enables seamless communication between which entities?
A: Between appchains, the Initia L1, and other blockchain ecosystems.
Q: What is the vested interest program (VIP) designed to do?
A: Align incentives and help bootstrap appchains' initial growth phase.
Q: What is the name of initia's comprehensive toolkit for building appchains?
A: The Interwoven Stack.
