Key Takeaways
Initia combines a first-layer blockchain (L1) based on the Cosmos SDK with interwoven Optimistic Rollups to achieve 10,000 transactions per second (TPS) and a final confirmation time of approximately 500 milliseconds, enabling seamless inter-Appchain interoperability.
In its token economic model, 50% of INIT is allocated for liquidity and early user incentives, and the rest is allocated to protocol sales, developer rewards, foundation operations, online promotion activities and airdrops.
The project has raised a total of $25 million through private funding and the Echo.xyz sale, and launched a mining campaign for 30 million INIT on Binance Launchpool from April 18 to 24, 2025, followed by spot trading on April 24, 2025.
Initia’s roadmap covers mainnet launch and airdrop distribution in the second quarter of 2025, IBC integration and developer funding program in mid-2025, and privacy feature enhancements and virtual machine (VM) expansion in late 2025.
Initia (INIT) is creating a unified multi-chain ecosystem that combines a high-performance first-layer blockchain with an interconnected application-specific Optimistic Rollup network. Its vision is to eliminate the fragmentation of the blockchain ecosystem, enabling developers to quickly deploy customized chains (i.e. application chains) while accessing shared liquidity, security and governance mechanisms, and achieving enterprise-level high throughput and near-instant final confirmation.
Table of contents
Token Overview
Token Economic Model
Ecosystem Applications
Core Applications
How to participate and obtain INIT
Risks and precautions
Project Outlook
Initia and INIT Token Overview
Initia is a first-layer blockchain built on Cosmos SDK, combined with a Rollup architecture with subjective design concepts. It achieves consistency of economic incentives between chains and supports seamless cross-chain asset transfers by weaving independent application chains (Appchains) into an interwoven network.
With a processing capacity of 10,000 transactions per second (TPS) and a block generation time of approximately 500 milliseconds, Initia (INIT) is designed for decentralized applications (dApps), DeFi platforms, and gaming ecosystems with high performance requirements.
Image Credit: Initia Official Website
Technical Architecture
Cosmos SDK and Optimistic Rollup
Initia is built on the modular framework of Cosmos SDK, enabling developers to deploy highly customizable full-stack application chains (Appchains). Each application chain runs in the form of Optimistic Rollup. While enjoying the underlying security of the Initia main chain (Hub), it achieves horizontal expansion through the aggregated Rollup verification mechanism, improving overall scalability and performance.
Interwoven network structure
Unlike traditional independent chains that lack interoperability, Initia adopts an interwoven network design to maintain unified state management and shared economic standards. This architecture effectively avoids duplication of resources, enhances the composability between protocols, and enables assets or smart contracts on a Rollup to be natively compatible and seamlessly interact with other Rollups, achieving a high degree of interconnection within the ecosystem.
Performance Indicators
Transaction throughput: 10,000 TPS (10,000 transactions per second)
Block finality time: about 500 milliseconds
With this performance standard, Initia can support scenarios with extremely high requirements for high concurrency and low latency, such as DeFi, blockchain games, social protocols, etc., while ensuring a balance between decentralization and security.
Image Credit: Initia Official Website
Team and governance
The Initia Foundation is responsible for managing ecosystem funding, protocol upgrades, and community growth, with a token allocation of 7.75% of the total. Project governance is managed by a decentralized governance committee, which is composed of core developers, ecosystem partners, and community representatives, and collaborates to promote the projects long-term development strategy and key parameter adjustments. This governance structure aims to achieve openness, transparency, and community-driven platform governance.
INIT Token Economic Model
Total issuance: 1 billion INIT
Initias token distribution design aims to achieve a balance between network security, early user incentives and long-term ecological development. The specific distribution plan is as follows:
The allocation plan aims to:
Reward token holders who maintain network security through staking and other means,
Encourage early supporters to participate in ecological construction,
Provide financial support for the continued development of the protocol,
Support strategic promotion and launch activities of the project during its startup phase.
Market Status and Performance
At the initial launch of INIT, a total of 148.75 million INIT (14.88% of the total supply) entered circulation, ensuring the market has immediate liquidity and trading availability. Early trading volume and price discovery on Binance will lay the market benchmark for subsequent widespread launches on other centralized exchanges (CEX) and decentralized exchanges (DEX).
Image Credit: cryptorank
Financing and Launch Activities
Private and Venture Capital Rounds: Initia (INIT) raised a total of $25 million, of which $22.5 million came from three private financing rounds - including the Pre-Seed round led by Binance Labs (5.07% of the token supply), the Seed round led by Delphi Digital and Hack VC (6.17%), and the Series A round led by Theory Ventures (4%); an additional $2.5 million was raised through the **Echo.xyz platform sale (accounting for 1%)**.
Binance Launchpool: From April 18 to 24, 2025 (UTC), users can stake BNB, FDUSD or USDC in Binance Launchpool to mine a total of 30 million INIT (3% of the total supply). Another 10 million INIT is reserved for marketing activities.
Spot trading is launched: INIT officially opened spot trading on Binance at 11:00 (UTC) on April 24, 2025. Trading pairs include INIT/USDT, INIT/USDC, INIT/BNB, INIT/FDUSD and INIT/TRY.
XT.COM listing (expected in the second quarter of 2025): INIT/USDT trading pair will be available on XT.COM soon. The platform often launches zero-fee or fee-discount activities in conjunction with the launch of new coins. It is recommended to pay attention to the Announcement page or subscribe to the official email to get the latest information.
Ecosystem Decentralized Applications (dApps)
Based on the Initia SDK and Rollup infrastructure, decentralized applications built by independent development teams cover multiple fields such as DeFi, GameFi, SocialFi, NFTs and development tools. Representative projects include:
Kamigotchi (GameFi): A fully on-chain role-playing game (RPG) where users can collect, train, and battle digital pets across various Initia application chains.
Zaar (NFT Market): A mobile-based NFT on-chain market that supports minting, trading, and collection, and uses INIT as the settlement currency.
Lunch Protocol (social application): A Web3 social protocol that rewards user participation through on-chain social tokens and collectible badges to create an on-chain social economy.
Rave (perpetual contracts): A derivatives exchange that provides perpetual contract trading services, relying on the high-performance settlement mechanism of the Initia network to achieve a low-latency, high-security trading experience.
Blackwing Finance (decentralized exchange): Low slippage automated market maker (AMM), combined with optimized order routing logic, provides on-chain users with an efficient and stable trading experience.
Inertia (lending platform): A modular lending protocol where users can pledge INIT to obtain liquid pledged derivative assets and conduct lending operations.
These dApps demonstrate the application capabilities of INIT tokens in a variety of scenarios - through high throughput, low fees and native composability, they continue to inject innovative momentum into Web3 fields such as finance, games, and social networking.
Image Credit: 4 Pillars.io
Roadmap and Ecosystem Cooperation
Current roadmap (from Binance Research):
Second quarter of 2025: Mainnet launch, airdrop distribution, and the first batch of 16 interwoven Rollup chains will be launched simultaneously.
Q3 2025: Launch more Rollups, upgrade product features (including Initia block browser, official applications and cross-chain bridges), and optimize L1 performance.
Q4 2025: Introduce new virtual machines (such as MoveVM based on the Cosmos architecture) and further enhance the performance and scalability of the interwoven technology stack.
Core ecological integration cooperation:
Celestia DA: Provides Rollup data availability services to improve the efficiency and stability of on-chain data access.
LayerZero: Achieve cross-virtual machine (Cross-VM) interoperability and enhance inter-chain communication capabilities.
Skip, Ethena, Ether.fi, Goldsky: Covering developer tools, stablecoin solutions, liquidity staking protocols and on-chain data services, providing full-stack support and basic capability building for the Initia ecosystem.
Image Credit: Initia Medium
Core applications and ecosystem dApps
The capabilities of the Initia (INIT) platform come from first-party applications designed and maintained by the Initia team, as well as a rich set of third-party dApps built on its interwoven Rollup technology stack. Together, these applications provide end-to-end functional support for developers, users, and the community.
Gas and Settlement Fees
All transactions on the main chain or any application chain use INIT to pay gas fees and finality fees. This unified model simplifies the interaction process between developers and users, while returning fee income to stakers and the ecosystem treasury.
Built-in liquidity
Users who provide liquidity on Initia DEX will receive LP tokens denominated in INIT, which they can stake to earn a share of transaction fees and additional INIT rewards. This mechanism encourages the formation of deep cross-chain liquidity and reduces slippage for large transactions.
Governance and VIP Program
Staking INIT can grant governance voting rights for protocol upgrades, parameter adjustments, and funding allocations. Highly active holders can unlock VIP levels and enjoy additional airdrops, priority access to application chains, and fee discounts.
Developer Grants
Part of the on-chain transaction fees will be injected into a dedicated funding pool to issue INIT to developers who build SDK modules, bridge tools, and templates, thereby promoting the sustainable development of the ecosystem and ensuring developer contributions.
Initia Core Application
Initia App is a unified web and mobile operating platform that integrates Initia DEX, testnet faucet, staking interface and governance portal to provide users with a one-stop network interaction experience.
Initia Wallet is a Chrome plug-in wallet that simplifies the user onboarding process, supports account creation, asset and NFT management, and enables seamless transaction signing across any Initia dApp.
Initia Bridge is a high-throughput cross-chain bridge that combines IBC with its own message transport layer to securely and efficiently transfer INIT tokens and data between the Initia application chain and external chains.
Initia Usernames is a highly readable on-chain identity system that maps custom names to on-chain addresses, allowing users to send and receive assets in an interwoven Rollup network without copying lengthy hexadecimal addresses.
How to participate and get INIT
Binance Launchpool (April 18-24, 2025) Stake BNB, FDUSD, or USDC in Binance Launchpool to mine 30 million INIT (3% of the total supply). Rewards are generated in real time and can be claimed daily on the Launchpool page of your Binance account.
Binance spot trading (from April 24, 2025 11:00 UTC) supports the following trading pairs: INIT/USDT , INIT/USDC, INIT/BNB, INIT/FDUSD and INIT/TRY. You can use market orders, limit orders or stop orders to trade, set price alerts and check the order book to get the best transaction results.
XT.COM listing (expected in the second quarter of 2025) After Binance listing, INIT will soon be listed on XT.COM (such as INIT/USDT trading pair). XT.COM usually launches zero-fee or fee-discount activities during the listing of new coins. Please pay attention to its Announcement page or subscribe to the official email to get the latest information.
XT.COM INIT/USDT Spot Trading
Community Activities and Airdrop Plan
Welcome to join Initia (INIT) s Discord and Telegram communities to participate in testnet, governance discussions, developer challenges and other activities. Active users have the opportunity to receive additional INIT airdrops, VIP level rewards, exclusive NFTs, and transaction fee rebates on Binance and XT.COM platforms.
INIT Token Competition Landscape
Initia is in a rapidly developing track of multi-chain and Rollup-oriented protocols. Different projects have adopted different strategies in scalability, interoperability and economic design:
Celestia (TIA): A purely modular data availability (DA) layer, Celestia separates data availability from the execution layer, allowing Rollup to outsource data publishing while maintaining an independent execution environment. Its mainnet is now live and fully operational, with a total valuation (FDV) of approximately $2.7 billion. The current price of TIA is approximately $2.5, showing the markets strong confidence in modular architecture.
Dymension (DYM): Built on the Cosmos SDK, Dymension is a settlement center for RollApps (application-specific chains) that can access its main chain for security, liquidity, and IBC interoperability support. Dymension implements standardized deployment through the RollApp Development Kit (RDK) and calls itself the Rollup Internet.
Avalanche Subnets: Avalanches subnet feature allows developers to deploy highly customizable, high-throughput application chains, each with its own set of validators. By offloading transaction load from the main chains three-chain architecture and combining it with the $290 million Multiverse incentive plan, Avalanche demonstrates enterprise-level performance and scalability.
Polkadot Parachain: Polkadot provides security for parachains through the relay chain, realizing a shared security model that connects multiple application-specific networks. Parachain slots are allocated through an auction mechanism, forming a competitive economic threshold, which is in stark contrast to Initias Optimistic Rollup model that supports permissionless deployment.
Ethereum Layer 2 Network (Arbitrum and Optimism): As the leading Optimistic Rollup, Arbitrum and other Layer 2 networks execute transactions off-chain and publish data on the Ethereum main chain, greatly improving throughput. Its total locked volume (TVL) exceeds 18 billion US dollars, of which Arbitrum accounts for more than 40%. However, they lack a native multi-chain economic framework, and cross-Rollup composability relies on bridging.
These competing projects collectively demonstrate the diverse paths of blockchain expansion solutions, from pure data availability layer (DA Layer) and settlement center to general-purpose second-layer network (L2) and parallel chain ecosystem, covering different technical architectures and design concepts. It is in this context that Initia, as a unified platform that deeply integrates L1 main chain and Optimistic Rollup, is committed to achieving seamless interoperability between application chains, showing a unique and competitive ecological positioning.
Risks and precautions
Execution risk: The stability of the mainnet and the security of Optimistic Rollup need to achieve the established performance goals in a real environment. Any deviation may affect user experience and network trust.
Token unlocking schedule: At the beginning of the project, only 14.88% of INIT is in circulation. Subsequent large-scale unlocking nodes may cause price fluctuations and increase market uncertainty.
Competitive landscape: Initia faces fierce competition from mature layer-one chains (such as Ethereum and BNB Chain) and emerging Rollup networks. Whether it can stand out depends on the adoption rate of developers and the superiority of user experience.
Regulation and market volatility: Changes in the macroeconomic environment and regulatory policies in the crypto industry may have a substantial impact on the growth pace and user engagement of the ecosystem.
Project Outlook
Initia has established its leading position in the new generation of multi-chain platforms through its innovative interwoven architecture, robust token economic model, clear development roadmap and deep ecosystem integration. The Binance Launchpool event and mainnet launch will be key inflection point events, and the subsequent Rollup deployment, IBC integration and privacy enhancement will play a decisive role in the long-term user adoption and ecosystem expansion of the project.
For developers and users, performance indicators, governance participation, and liquidity depth will be important leading indicators for observing Initias development trajectory in the L1 track.
About XT.COM
Founded in 2018, XT.COM currently serves nearly 7.8 million registered users worldwide, with over 1 million monthly active users and over 40 million ecosystem users. The platform supports over 800 high-quality crypto assets and 1,000+ trading pairs, making it a comprehensive digital asset trading platform.
XT.COM offers a wide range of trading categories, including spot trading , leveraged trading, contract trading, and an integrated NFT trading market . It is committed to providing global users with a safe, reliable, and intuitive trading experience to meet the diverse needs of crypto asset investment.
